Trump preparing budget with most extreme cut in government spending yet

[Yo_Mama_Been_Loggin]

Incoming President Donald Trump’s administration is already working on preparing his budget. And it looks like it will be far more extreme than anything the Republican Party has proposed so far.

The blueprint Trump’s team is working with as it crafts the plan would cut federal government spending by $10.5 trillion over a decade, according to The Hill’s sources.

By contrast, the budget proposal put forward by House Republicans last year promised to cut spending by $5.5 trillion over 10 years. Even that number at the time was significant: the budget document itself noted that it was “higher than any previous House Budget Committee proposal.” The Republican Study Committee put forward a different proposal that would cut $8.6 trillion over a decade, although it failed a 2015 vote 132 to 294 despite Republican control.

To get such deep cuts, the Trump budget contemplates completely eliminating a number of programs, particularly at the Departments of Energy, Justice, State, Commerce, and Transportation.

On the chopping block, according to The Hill, would be the National Endowment for the Arts, the National Endowment for the Humanities, and the Corporation for Public Broadcasting; the Department of Justice’s Legal Services Corporation and Violence Against Women Grants; funding for the Paris Climate Change Agreement and the United Nations’ Intergovernmental Panel on Climate Change; and the Office of Energy Efficiency and Renewable Energy, Office of Electricity, and Office of Fossil Energy, among others.

https://thinkprogress.org/trump-budget-cuts-842cfa3037#.4hbfe8b46

[Tommy_Carcetti]

1. Wowsa. nt

[Eliot Rosewater]

2. Tremendous and overwhelming harm coming to all non rich people, especially

trump voters.

Wonder if they will care who is doing it to them?

But if you cant also destroy the arts, science at the same time, what is the fun of it, eh!

We asked for this by not voting or voting 3rd party, the America you know is done.

His fans will cheer when they end funding of intelligent things or funding of Planned Parenthood. Stupid fucking people.

[Angry Dragon]

3. the problem is that no one knows what Trump is going to do

[sweetapogee]

10. you are correct

however tRUMP is not going to actually prepare a real budget.

http://www.democraticunderground.com/10141631490

[uponit7771]

13. +1, and anything he says he pulls out of his ass, recants, caveats and bullshits ad nausea

[louis-t]

4. It seems the amount they are going to cut matches

exactly the amount they want to give to the richest in tax breaks.

[onethatcares]

5. Shock Doctrine

in all it's finery.

Strap in tightly, the ride is going to be rough.

[spanone]

6. so now he's eliminating jobs....brilliant

[geek tragedy]

7. That 10.5 Trillion figure also indicates heavy cuts to Social Security and Medicare.

No pity for any Trump voters who get hurt by his policies. None.

[titaniumsalute]

8. At the end of the day cutting that stuff won't make a fucking dent in the budget

It will just make right wing nutters feel good.

[VMA131Marine]

9. This seems highly improbable

This is the 2015 Federal Budget:

SSI------------------------- 1275.7
Medicare------------------- 1051.8
Military---------------------- 609.3
Interest on Debt------------ 229.2
Veteran's benefits---------- 160.6 --- 160.6
Food and Ag---------------- 135.7 --- 135.7
Education------------------- 102.3 --- 102.3
Transportation--------------- 85.0 ----- 85.0
Housing and Community---- 61.5 ----- 61.5
International Affairs--------- 50.2 ----- 50.2
Energy and Environment---- 44.8 ----- 44.8
Science----------------------- 29.8 ----- 29.8
_________________________________
Total----------------------- 3835.9 ---- 669.9

Notice how most of it is Social Security, Medicare, the Military, and interest on the debt. What's left over is $669.9 billion/year. Trump isn't going to cut the military and the interest on the national debt has to be paid so the only way you get another $380 billion/year in savings (need to cut $1050 billion/year), after eliminating everything else the government does, is through deep cuts in Medicare and Social Security to current recipients, unless the cuts are backloaded so that they are greater in the later years. Then the cuts will have to be even more severe.

The only question is how much of avoided future growth in the budget are they counting as savings. For example, if they assume that the budget would normally grow at 5% then you can get $9.8 trillion in "savings" by capping government spending at current levels for 10 years. This is of course heavily weighted to the later years: you get $190 billion the first year and $2.1 trillion in the last year. This has essentially the same effect as sequestration, which the congressional Republicans hated.

[n2doc]

11. That's the plan- cut everything but defense

http://www.motherjones.com/kevin-drum/2017/01/report-trump-team-wants-slash-social-security-medicare-medicaid-and-pretty-much-e

[uponit7771]

12. ... I bet they're also going to eliminate the CIA, FBI, DIA, NSA, ABC... XYZ or any other agency

... that can investigate the bastards.

This man is fucked up