Trump's budget hits Medicaid, food stamps in push to slash domestic spending https://t.co/2qmMDtwFx5 @caitlinzemma
— Adriel Bettelheim (@abettel) February 9, 2020
Trump to cut Medicaid, food stamps in budget…
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The 2017 tax cut for the wealthy and corporations “will pay for themselves” is what the liars Trump and the Republicans told us.
Instead the Trump/Republican tax cut caused the deficit to spike by $300 billion dollars in both 2018 and 2019, increasing our deficit to $1 trillion a year for as far as the eye can see.
Trump and the Republicans (and far too many Democrats) increased the defense budget to $750 billion a year, up from $583 billion in 2017, and that massive increase is responsible for $200 billion in new debt each year.
The other $100 billion in new debt went to domestic programs.
Now Trump and the Republicans want to add to the exploding debt by giving the “middle-class” a tax cut.
Bernie and Warren have a better plan.
Raise the taxes on the wealthy and on corporations and then give the middle-class a tax cut.