Trump’s Budget Cuts Spending on Vets, Farmers, Students, Seniors and the Poor

As long as we’re on the subject of the president’s budget, here’s the nickel summary in chart format:

There are more details in the full budget document. For example, Trump proposes to reduce crop subsidies by $22 billion. You betcha. Student loan “reform” will save $200 billion and “streamlining” conservation programs will save $9 billion. Tort reform will save $31 billion. Sure it will. “Enhancing” the VA pension program will save $3 billion. Eliminating manufacturers’ discounts will cut Medicare prescription payments by $75 billion and reducing payments to providers will save another $400 billion. Eliminating cost-of-living increases and raising contribution levels will save $135 billion in federal pension costs. “Reforming” SNAP will save $220 billion. “Testing new approaches” to disability will save $48 billion. The post office gets cut by $98 billion. Making it harder to apply for EITC and the child tax credit will save $68 billion.

You get the idea. Give big tax breaks to the rich and then cut spending on vets, farmers, students, seniors, and the poor. What’s not to like?

DOES IT FEEL LIKE POLITICS IS AT A BREAKING POINT?

Headshot of Editor in Chief of Mother Jones, Clara Jeffery

It sure feels that way to me, and here at Mother Jones, we’ve been thinking a lot about what journalism needs to do differently, and how we can have the biggest impact.

We kept coming back to one word: corruption. Democracy and the rule of law being undermined by those with wealth and power for their own gain. So we're launching an ambitious Mother Jones Corruption Project to do deep, time-intensive reporting on systemic corruption, and asking the MoJo community to help crowdfund it.

We aim to hire, build a team, and give them the time and space needed to understand how we got here and how we might get out. We want to dig into the forces and decisions that have allowed massive conflicts of interest, influence peddling, and win-at-all-costs politics to flourish.

It's unlike anything we've done, and we have seed funding to get started, but we're looking to raise $500,000 from readers by July when we'll be making key budgeting decisions—and the more resources we have by then, the deeper we can dig. If our plan sounds good to you, please help kickstart it with a tax-deductible donation today.

Thanks for reading—whether or not you can pitch in today, or ever, I'm glad you're with us.

Signed by Clara Jeffery

Clara Jeffery, Editor-in-Chief

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