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Trump Administration Proposed Budget Envisions Major Medicaid and Other Cuts
The Fiscal Year 2021 budget proposal released on Monday by the Trump administration proposes major cuts to safety-net programs, especially, in regard to healthcare, in Medicaid, with $1.5 trillion in cuts to Medicaid over the next decade, as well as the elimination of the Medicaid expansion authorized under the Affordable Care Act.
As the New York Times’ Jim Tankersley, Margot Sanger-Katz, Alan Rappeport, and Emily Cochrane wrote in a report on Monday evening, “President Trump released a $4.8 trillion budget proposal on Monday that includes a familiar list of deep cuts to student loan assistance, affordable housing efforts, food stamps and Medicaid, reflecting Mr. Trump’s election-year effort to continue shrinking the federal safety net. The proposal, which is unlikely to be approved in its entirety by Congress, includes additional spending for the military, national defense and border enforcement, along with money for veterans, Mr. Trump’s Space Force initiative and an extension of the individual income tax cuts that were set to expire in 2025. Its biggest reduction is an annual 2 percent decrease in spending on discretionary domestic programs, like education and environmental protection.”
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