Trump’s budget proposal slashes spending by $3.6 trillion over 10 years

The following article by Damian Paletta and Robert Costa was posted on the Washington Post website May 22, 2017:

President Trump on Tuesday will propose cutting federal spending by $3.6 trillion over 10 years, a historic budget contraction that would severely ratchet back spending across dozens of programs and could completely reshape government assistance to the poor.

The White House’s $4.094 trillion budget request for fiscal 2018 calls for cuts that hit Medicaid, food assistance and other anti-poverty programs. It would cut funding for the Children’s Health Insurance Program (CHIP), which provides benefits to the poor, by roughly 20 percent next year.

All told, the budget would ­reduce spending on safety-net programs by more than $1 trillion over 10 years. Continue reading “Trump’s budget proposal slashes spending by $3.6 trillion over 10 years”