
The budget is a morality statement - it prioritizes what they value.
Yep, you got played. In other news, we told you so. #FAFO. pic.twitter.com/B8fh0UsYdt
— MAGA Cult Slayer🦅🇺🇸 (@MAGACult2) February 14, 2025
Yep, you got played. In other news, we told you so. #FAFO. pic.twitter.com/B8fh0UsYdt
— MAGA Cult Slayer🦅🇺🇸 (@MAGACult2) February 14, 2025
1977: $54B
1981: $79B
1981: $79B
1989: $153B
1989: $153B
1993: $255B
1993: $255B
2001: ($128B)
2001: ($128B)
2009: $1.413T
2009: $1.413T
2017: $665B
2017: $665B
2021: $3.132T
2021: $3.132T
2023: $1.70T
Under @POTUS budget, virtually all fed funding to #NYPD eradicated. Entire counterterrorism apparatus in nation's top terror target hobbled. pic.twitter.com/Vetyv1aZrH— Commissioner O'Neill (@NYPDONeill) March 16, 2017
On Thursday, the Trump administration released a preliminary 2018 budget proposal, which details many of the changes the president wants to make to the federal government’s spending. The proposal covers only discretionary, not mandatory, spending.
To pay for an increase in defense spending, a down payment on the border wall and school voucher programs, among other things, funding was cut from the discretionary budgets of other executive departments and agencies. The Environmental Protection Agency, the State Department and the Agriculture Department took the hardest hits. The proposal also eliminates funding for these 19 agencies.
The two committees will be working on the bills even though the Congressional Budget Office (CBO) has not completed its analysis; as a result, estimates of the plan’s cost and how many people could lose coverage will not be immediately available.
Sources said previous versions of the plan faced unfavorable coverage numbers from the CBO.
The tax credit under the GOP plan ranges from $2,000 to $4,000 a year per individual, increasing with someone’s age. That system would provide less financial assistance for low-income and older people than ObamaCare, but could give more assistance to younger people and those with somewhat higher incomes.
Democrats warn that between the phasing out of ObamaCare’s Medicaid expansion and the smaller tax credit for poorer people, the 20 million people who gained coverage in recent years will be put at risk.So let's see - the GOP has long contended that 47% of us don't pay federal taxes, so obviously, the best way to help us with this healthcare insurance thing is to give everybody a federal tax break.
"Congress has severely damaged the economy with deep spending cuts in a misguided attempt to solve a short-term debt crisis that simply does not exist," wrote CAP economists Harry Stein and Adam Hersh.
The progressive think tank's analysis is based on the latest budget outlook from the Congressional Budget Office, the nonpartisan congressional research group, which was released on Tuesday.