- The budget will slash $1.7 trillion in spending on entitlement programs, according to Bloomberg.
- Trump’s budget will include a massive nearly $200 billion cut to the Supplemental Nutrition Assistance Program, the modern version of food stamps, over the next 10 years – what amounts to a 25% reduction, according to The Washington Post.
- The food stamp cuts are part of a broader $274 billion welfare-reform effort, according to a report by The Associated Press.
- The budget calls for about $800 billion in cuts to Medicaid for fiscal year 2018, WaPo reported.
- The budget also calls for $2.6 billion in border security spending, $1.6 billion of which will be earmarked for Trump’s proposed wall along the U.S.’s southern border.
- The budget is also expected to propose major domestic discretionary spending cuts - an earlier version of the budget called for $54 billion in such cuts next year alone.
Remember how President Trump stated once before how he was the King Of Debt, well his 2018 budget plan looks to be just that as this move by Trump will cut nearly $1.7 trillion dollars from America's National Debt. Not only is President Trump looking at a take down our $19 trillion dollar deficit, but he is also looking to cutting entitlements like food stamps by twenty-five percent.
It's really no wonder why Democrats are upset over Trump's budget plan, because it takes away entitlements from lazy Americans in billions, saves the US taxpayer hard earned money, and of course it drains money from the Washington Swamp. If President Trump is this serious at taking out the US National Debt, then his first year as President could mean an almost two trillion dollar erasing of Americas National Debt...As President Trump has already wiped off nearly $100 billion away from it.