Trump team and congressional Republicans are considering major changes and cuts to Medicaid and food stamps to pay for a massive tax cut

[Morrison71]

https://www.washingtonpost.com/business/2024/11/18/gop-targets-medicaid-food-stamps/

President-elect Donald Trump's economic advisers and congressional Republicans have begun preliminary discussions about making significant changes to Medicaid, food stamps and other federal safety net programs to offset the enormous cost of extending Trump's 2017 tax cuts next year.

Among the options under discussion by GOP lawmakers and aides are new work requirements and spending caps for the programs, according to seven people familiar with the talks, many of whom spoke on the condition of anonymity because they were not authorized to speak publicly. Those conversations have included some economic officials on Trump's transition team, the people said.

However, concern is high among some Republicans about the political downsides of such cuts, which would affect programs that provide support for at least 70 million low-income Americans, and some people familiar with the talks stressed that discussions are preliminary.
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The discussions center on Trump's 2017 tax bill, which lowered taxes for the vast majority of Americans. Major portions of that law are set to expire at the end of next year, and extending those provisions — as Trump has proposed — would add more than $4 trillion to the already soaring national debt over the next decade, according to congressional bookkeepers. The debt exceeds $36 trillion now. Trump also campaigned on a bevy of new tax cuts — such as ending taxes on tips and overtime — which tack trillions more onto the overall price tag.

While Republican leaders support extending the tax cuts, many are concerned that the resulting loss of revenue would further increase borrowing, so the hunt for savings is on: In addition to social safety net programs, many Republicans are also looking to repurpose clean energy funds approved by Democrats. Trump's tariff plans could also raise additional revenue. But those ideas may prove unworkable or insufficient to fully account for the cost of a sweeping new tax package.

 

[torbee]

Gonna be a long 4 winters in Appalachia without that sweet government teat money!

Pretty amusing I didn't vote for this and it won't affect me negatively.

REAP IT

 

[SL Hawk Fan]

They might as well go for it. There is no political price to be paid by these Trump affiliated congressmen. In fact, I'd wager that affected maga folks will simultaneously praise Trump for this while blaming the radical left for their further decline in financial support.

 

[Jimmy McGill]

Some of you folk never leave your bubble. Trust me, I've seen the rich....I've seen the poor. Those of you that are MAGAs, when I was a school board member, I was astounded at the number of students that were living in a car and needed food.

 

[franklinman]

https://www.washingtonpost.com/business/2024/11/18/gop-targets-medicaid-food-stamps/

It may be a short 2 years for many House cons if this happens.

 

[ISUBryce]

Some of you folk never leave your bubble. Trust me, I've seen the rich....I've seen the poor. Those of you that are MAGAs, when I was a school board member, I was astounded at the number of students that were living in a car and needed food.

The children that will be hurt by this so billionaires can buy another yacht is truly tragic.

 

[globalhawk]

Gonna be a long 4 winters in Appalachia without that sweet government teat money!

Pretty amusing I didn't vote for this and it won't affect me negatively.

REAP IT

The amount of people of Medicaid in this state will crush small town Iowa healthcare/chiropractors.

 

[BelemNole]

I'm shocked, shocked I tell you!

 

[BrianNole777]

Half his base are probably on government programs.