Online Broadband Guide
Online Broadband Guide


Trump budget chief defends plan in face of opposition

Trump budget chief defends plan in face of opposition

It claims the Trump tax cut will stimulate the economy so much it raises $2 trillion, enough to pay for itself.

It uses eight pillars: affordable health care, eliminating outdated regulations, developing American energy - specifically, electricity and transportation fuel, reducing federal spending, and reforms in the tax code, immigration policies, welfare system and education. It is a despicable way to try to excuse a heartless, cruel budget clearly created to somehow keep campaign promises no matter what. That's $1.1 billion or, in budgetary terms, about two and a half percent of the $43 billion in new spending that Trump is proposing for the Pentagon.

"This defense funding is vital to rebuilding, modernizing, and preparing our Armed Forces for the future so that our military remains the world's preeminent fighting force and we can continue to ensure peace through strength", the opening letter says.

Carson - who himself grew up in poverty to become a widely acclaimed neurosurgeon - said people with the "right mind set" can have everything taken away from them, and they'll pull themselves up. That this ideology would lead to monstrously, even cartoonishly, evil policies like cutting job training, food stamps, and health care, while cutting taxes for rich people, probably makes this a good time to go back to the ideological drawing board.

Treasury Secretary Steven Mnuchin, Education Secretary Betsy DeVos, and Agriculture Secretary Sonny Perdue are also testifying before House panels.

"I have news for you: If we don't get to 3 percent growth, it's unlikely we'll ever get a balanced budget again", Mulvaney said, asking lawmakers "how pessimistic can you be" to think 3 percent is impossible.

In fact, despite promises to the contrary, Trump would end Medicaid health care as we have known it for 50 years - a promise that nursing home care, a child with a complex condition, or people with severe disabilities would not live in destitution.

Another savings - $40 billion over 10 years - comes from not allowing undocumented immigrants to collect the child-care tax credit or earned-income tax credit even if their children are USA citizens. In a press conference today, Office of Management and Budget Director Mick Mulvaney stated that the additional funding cuts to Medicaid result from a reduction to the growth rate for the per-capita cap, compared to the AHCA.

This didn't sit well with some elected officials. It's to fund a needless increase in military spending, put a down payment on a grandiose southern border wall, and cut taxes in pursuit of magical growth. Without it, many more of them would be working.

"There's no scintilla of evidence, certainly over the past 25 years, that tax cuts are responsible for stimulating economic growth", he said.

"As a farmer, your biggest factor is mother nature, this insurance provides the protection you need to stay in business and cover input costs for the crop in the ground", Iowa Corn Growers Association president Kurt Hora said in a release. On average, the federal government reimburses states $1.33 for every dollar they spend on the program.

Medicaid is facing even bigger cuts.

In a webinar, Bloomberg Government analysts discussed the details of the spending plan, reviewing proposed agency cuts and increases, the program and agency eliminations sought by the administration, and other aspects of this opening move in what will be a long process. The administration also wants to tighten work requirements for those getting aid, such as food stamps, or Supplemental Nutrition Assistance Program (SNAP) benefits.

-New parents: The budget plan includes a new paid-leave program for the parents of newborn children.

"Further, shuttering the National Endowment for the Humanities and the National Endowment for the Arts would close off the long-standing USA commitment to the advancement of our culture and society", McPherson said. "For this budget to work, you need a time machine to take us back to the 1990s".

follow

editors' picks

June 08, 2017
Macron confirms death of third French victim in London attack
The 21-year-old worked as a nanny in London and had previously been described as missing after the attacks Saturday night. The 45-year-old Frenchman, Xavier Thomas , has been missing since the night of the terrorist attack on London Bridge.

June 08, 2017
Top career diplomat at US embassy steps down
Rank, citing the Paris climate agreement, announced the resignation during a town hall meeting on Monday with embassy employees. Rank made a personal decision", said a spokesperson for the East Asian and Pacific Affairs Bureau.

June 06, 2017
Oracle beats Kiwis to earn America's Cup match bonus point
So if the Kiwis beat Oracle on Saturday and eventually reach the match, it will start with a one-point advantage. Oracle , meanwhile, had to quickly fix a broken rudder before its race against Artemis Racing of Sweden.

June 06, 2017
'Wonder Woman' gross revised up to $103.1 million
I had been talking to the studio for so long about doing it and I was like well "that's that'". The film lets her explore her surroundings and isn't preoccupied with loud action set pieces.

June 05, 2017
Welcome to Ringside News' coverage of WWE Extreme Rules 2017!
Reigns and Rollins are the only WWE superstars in the fatal-5-way that have ever faced Lesnar. There are only six matches on the card, and none have been announced for the Kickoff show.

June 05, 2017
'Trump's climate claims on China, India false'
Macron called Trump's decision not to honor the Paris agreement a "mistake" and ruled out of any renegotiation. Prime Minister Modi said India is committed to protect the climate, irrespective of the Paris agreement.

June 04, 2017
California Senate backs longshot single-payer care bill
All lawmakers who voted against the bill and most who abstained are Democrats. Tom Berryhill (R-Twain Harte). "Colleagues, cliff dead ahead", he quipped.

June 03, 2017
Tekken 7 Releases Today Alongside Launch Trailer
The 2017 tour sees Bandai Namco Entertainment teaming up with Twitch to bring competitors from around the world together to fight. We were also incredibly impressed by all of the extra features and unlockables for long-time fans of the series.

June 03, 2017
Pound To Euro Exchange Rate: Sterling Slips After Predictions Of Hung Parliament
They showed Theresa May's party might lose 20 of the 330 seats it holds, with Jeremy Corbyn's Labour gaining almost 30 seats. Previous opinion polls suggested Prime Minister Theresa May's party would increase their majority, which is now 17 seats.

June 03, 2017
Gold His 4-Week Highs After Lousy Jobs Report
Against the yen JPY= , the dollar fell to two week lows and last changed hands at 110.44 yen, down 0.8 percent. According to a Reuters survey of economists, payrolls likely increased by 185,000 jobs in May.