Wednesday, May 24, 2017

United States: Trump Administration Presents Its First Budget For 2018

According to the budget presented by the Trump administration, programs for the most disadvantaged would be reduced by $ 1700 billion over 10 years.
In the United States, President Donald Trump's administration presented its first budget for the fiscal year 2018 on Tuesday, May 23. "A new foundation for American greatness," the name given to this bill, Be clear: the White House wants to put an end to the deficits. And since it foresees very important tax cuts, especially for companies and the wealthiest, it will be the funding of social programs that will be greatly revised downwards.
However, this budget law is faced with two difficulties from the start: it expects a very accelerated and unlikely economic growth and must still pass through the Congress, which should modify it by the end of September.

The figure is astronomical: according to the budget presented by the Trump administration, programs for the most disadvantaged would be reduced by $ 1,700 billion over 10 years. Half of these "savings" will be on the backs of Medicaid, health insurance for the poor, but food vouchers for the most deprived, help for the disabled or family planning are also victims of these cuts.

Lack of compassion for the working classes who often hope for much of the new presidency? We need to have compassion for taxpayers, "reported the White House. In addition, by granting a paid six-week parental leave, a truly social breakthrough for the country, Trump can boast, at low cost, to favor, as he says, American families first.

Moreover, preserving Medicare, the health insurance of the over 65 years, saves a population that has largely voted for him. Finally, as expected, Defense and Security are granted an additional $54 billion compared to 2017, although the famous wall to be built on the Mexican border is currently funded at less than 10% of its total cost valued.

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