The Damage Report
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Trump Tax Plan SURGES Into Spotlight As Brutal Medicaid Demise Unveiled
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November 23, 2024
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November 23, 2024
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4:59Now PlayingDonald Trump and his advisors are reportedly planning extreme cuts to federal programs, including Medicaid, food stamps through SNAP, and social security in attempt to counter the cost of their colossal tax plan, which would hurt Trump's base and add $4 trillion to the national debt. John Iadarola and Daria Rose break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
"No mistake on who they're serving"Republicans eye Medicaid, SNAP cuts to pay for Trump tax plan
"President-elect Donald Trump and his advisers are eyeing major cuts to federal safety net programs like Medicaid and food stamps to balance the cost of their massive tax agenda, The Washington Post reported Monday.
Upon taking office in January, Trump plans to extend a 2017 tax bill he signed during his first term that is due to expire at the end of next year. Extending the bill would add an estimated $4 trillion to the national debt over the next ten years, the Congressional Budget Office estimated. The current debt now sits at $36 trillion.
GOP lawmakers are considering spending caps for the programs adding stricter work requirements to Medicaid and the Supplemental Nutrition Assistance Program (SNAP), sources told The Post."
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241119__DR07TaxCuts
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