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With guest host Jessica Yellin.
The President’s budget is out. Though the rollout is quiet, the impacts would be huge. $800 billion slashed from Medicaid for starters. We’ll take a look.
President Trump is out with his first budget. And it is a stark break from the past. He’s looking for a big increase in defense spending. New money to build a wall with Mexico and massive tax reform. But it’s the cuts that are making headlines. $800 billion slashed from Medicaid. Food stamps, elder care, student loan support and EPA programs on the chopping block. This hour On Point, new priorities for a new era in Washington. -- Jessica Yellin
Harry Stein, director of fiscal policy at the Center for American Progress. Former legislative assistant to Democratic Senator Herb Kohl of Wisconsin, where he focused on the federal budget, tax policy and national security. (@HarrySteinDC)
From The Reading List
New York Times: Trump’s Budget Cuts Deeply Into Medicaid and Anti-Poverty Efforts — "The document, grandly titled 'A New Foundation for American Greatness,' encapsulates much of the 'America first' message that powered Mr. Trump’s campaign. It calls for an increase in military spending of 10 percent and spending more than $2.6 billion for border security — including $1.6 billion to begin work on a wall on the border with Mexico — as well as huge tax reductions and an improbable promise of 3 percent economic growth."
NBC News: Trump’s Budget Will Hit These States the Hardest — "The Trump administration unveiled a budget for 2018 on Tuesday that seeks to overhaul many of the country's safety-net programs for low-income and struggling Americans. Though these cuts are popular among Republican lawmakers, they affect programs that are actually more commonly used in Republican-leaning states than in Democratic ones, and that in many cases benefit white voters without college degrees — a demographic group that strongly supported President Donald Trump in the 2016 election."
Read The Full Budget Document
This program aired on May 24, 2017.
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