Pubs looking to trim Medicaid, Food Stamps, etc. to fund Trump Tax Cuts.

Painful. SNAP and feeding kids is such an important program. It’s too bad that kids who had no choice of their parent’s economics will be burdened with hunger.

Likely a growth in private foundations to feed kids. It is going to be bumpy.

 

We have a spending problem, not a revenue problem.

Federal budget ballooned during covid and never retreated. Biden just kept increasing it.

Go look at Federal Budget from 2018-2023.

Government NEVER cuts back on spending once it increases. Never.

The answer is always we need more money and we need it to give you guys more stuff..

 

I think these types of cuts are just the beginning. We’ve all pointed out the massive deficit. Something needs to be done. Trump has decided he will address the budget through cutbacks—painful and meaningful cutbacks to those in real need. Conversely, there will also be tax breaks to those who are high-income producing.

Voters will decide whether this strategy works for them in 2 years.

 

While you're not wrong, cutting support for the poor and for children to fund tax cuts for the most wealthy is not fiscal responsibility.

 

I am very excited to enjoy my tax breaks and increased dollar value from lower deficits at the expense of the needy. It is what they voted for so who am I to not enjoy their wishes?

 

Government spending as a percent of GDP is pretty flat. Now, entitlements are up... and it is ALL healthcare.

 

Federal spending did actually decline after COVID. By nearly $700B from ‘21 to ‘23.

U.S. government - Outlays 2029 | Statista

Although it’s fair to say there was a “step up” in the trend line. Not sure how much that is COVID related spending that stuck around, vs the fact a long overdue infrastructure bill was passed and other domestic subsidy stuff like the Chips ACT. The reality is ‘probably a bit of both’.

 

Aren't the Trump tax cuts a form of spending, beneficial to only an extremely few? And what kind of society are we that takes from the "least among us" for the benefit of the "money changers"?

 

You mention “you guys” but I doubt many here use snap.

And per op, “more stuff” is ongoing food and medicine to help the poor and their children.

 

A good part of the increase in federal spending has been driven been demographics not by irresponsible decisions on the part of the administration or Congress. Medicare, Medicaid and Social Security combined represent close to 60% of the budget. More and more "boomers" are becoming eligible. Even if it were possible to hold the level of benefits per recipient constant spending for those programs would increase. Even more so than the total number of eligible recipients is the increasing age of recipients. Although they represent a relatively small percentage of total Medicare recipients, recipients over the age of 85 represent a disproportionate share of Medicare expenditures and that cohort is increasing at an even greater rate than total number of Medicare recipients. Similarly, roughly 35% of Medicaid expenditures are for indigent elderly in nursing homes.

 

Thought we would see some kind of decrease or blip on the trendline due to COVID’s disparate impact on the elderly.

 

I'm not opposed to some of this. But NOT to be used to pay for a tax cut for the rich. Clinton mandated the job idea, and I agreed with that. Hand up not a hand out.

 

I think the doge is there to shine some light on the crazy shit we waste money on, it's all just talk until congress pulls the trigger one way or the other...should be fun to watch.

 

I’m interested to see the report. The fat we pay for needs to be exposed. I’d prefer that we get a politically neutral report (like from a Big 3 Accounting audit/study), because everything Elon and Vivek say will be scrutinized as politically motivated. But I’m looking forward to exposing waste. It’s time.

 

It's not going to be lower deficits though. The spending cuts for the needy will be offset by spending increases elsewhere and by lower revenues due to all the tax cuts.