President Donald Trump has just announced the budget proposal and it seems like he has some wonderful tricks up his sleeve. As he previously assured, the plan will cut government spending radically. The main goal is to decrease the national debt and cut the tax burden on US citizens.
Critics are currently debating it and Democrats are heavily against any government cuts, although there are even some Republicans criticizing the plan.
Zero Hedge reported, according to Bloomberg that the budget will reduce $1.7 trillion in spending on entitlement plans.
President’s will also contain additional $200 billion cut to the Supplemental Nutrition Assistance Program, the modern form of food stamps over the next decade, which is 25% decrease, as reported by The Washington Post.
The decreases of the food stamps are wider $274 billion welfare-reform effort, as reported by The Associated Press. WaPo also said that the budget will cut for around $800 billion to Medicaid.
$2.6 billion in border security spending, $1.6 billion of which will be reserved for President’s wall that will stretch on the southern border.
The budget will also offer big domestic discretionary spending cuts – which is an earlier form of the budget called for $54 billion in 2018.
Until now, United States was in an awful condition, after eight years of Democrats ruling our country where the spending is out of hand. President Donald Trump’s spending will restrain all the spending in and find a solution for tons of issues in our current system.
Many may condemn the cuts of entitlement programs, but that is in fact a good thing. While job offers in America are growing day by day, less people will need to depend on the government’s teat.
Cutting these programs will only do well to our country, as people will go out there and earn their own money.
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