Sunday, 21 July, 2019

Democrats blast safety net cuts in Trump budget as 'malicious'

Outcry over Trump's cuts to Medicare hospital payments ‘This is something he said he’d never do’: NH Senator blasts Trump for budget cuts to Medicare and Social Security
Anna Jefferson | 14 March, 2019, 22:27

Irrespective of what happened earlier, the President said that his new budget plan is a top-priority for 2020 re-election. The budget would boost spending on a plan to expand offshore oil and gas leasing from 2019-24, to begin oil and gas leasing in Alaska's Arctic National Wildlife Refuge, to open new areas to drilling in the National Petroleum Reserve in Alaska, and to expedite government processing of federal drilling permits.

"These cuts in the Trump budget aren't a tightening of the belt or a trimming of the fat, or even a serious attempt at reining in spending", House Budget Committee Chairman John Yarmuth (D-Ky.) said during the hearing.

The budget would also require everyone with a plan from the Affordable Care Act exchanges pay some amount of premium.

Under existing rules generics firms that are first to market have been able to limit competition by getting tentative approval for their drugs, and then delaying seeking final approval so they don't trigger a 180-day exclusivity period.

The proposal would shave around $800 billion or more off Medicare over a decade, and would see Medicaid insuring low-income Americans by more than $200 billion.

Former Vice President and possible 2020 hopeful Joe Biden criticized President Donald Trump's proposed 2020 budget for doing what his own administration asked for in their time at the White House.

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Trump's proposals met with immediate criticism from the host of candidates for the Democratic presidential nomination.

Galdieri said the White House "still does not seem to have internalized the fact that they did so badly in the 2018 midterms and that the Democrats now have a major role in the budget".

The budget calls for $845 billion in total, or gross, spending reductions to Medicare over 10 years, mainly by cutting future payments to hospitals and other service providers.

The Administration's decision to seek an exaggerated increase in funds for defense agencies (8.9% in the National Nuclear Security Administration or 7.4% in the Department of Homeland Security) anticipates that, in the interest of a "renewed" electoral campaign, Trump will most likely use again the border and immigration issue as favorite weapons when it comes to getting (or keeping) votes. The National Institutes of Health, which conducts and supports medical research, would lose $4.5 billion in funding, another politically unpopular idea, though the Department of Veteran's Affairs would gain an additional $6.5 billion from the year before.

The White House budget also includes provisions meant to lower prescription drug spending and allocates $4.8 billion to stem the tide of the opioid epidemic, along with $291 million next year to fight HIV/AIDS.

"I think the Democrats' arguing against border security is a losing argument for them", Rep. Dan Crenshaw (R-Texas) told The Epoch Times. Now the only thing that people are going to witness is how the messages are going to appeal the voters. However, it reaches that modest achievement for fiscal responsibility by projecting 3 percent growth through 2024 and near-3 percent growth thereafter.

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