Senior Republican, Eyeing Trump Budget, Worries about US Debt

US president donald trump

When he first ran for president, Donald Trump blasted the Obama administration for hurting senior citizens by slashing billions from Medicare.

The Committee for a Responsible Budget said Trump's budget would add $10.5trn to the debt over a decade, and criticised the White House for what it called a "fantasy assumption" of 3% economic growth over that timeframe.

Irrespective of what happened earlier, the President said that his new budget plan is a top-priority for 2020 re-election.

"Hospitals are less and less able to cover the cost of care for Medicare patients", FAH president and CEO Chip Kahn said in a statement.

The White House budget also includes provisions meant to lower prescription drug spending and allocates $4.8 billion to stem the tide of the opioid epidemic, along with $291 million next year to fight HIV/AIDS. Because of a tax cut for the super-wealthy that created a deficit of $1.9 trillion, and now they've got to go make somebody pay for it.

"Every Republican wants to do a big number on Social Security, they want to do it on Medicare, they want to do it on Medicaid", he said at a 2015 event in New Hampshire. "And it's not fair to the people that have been paying in for years and now all of the sudden they want to. cut". Democrats are piling on Trump, accusing him of breaking his campaign promise not to touch the federal health care program for the elderly. But the budget also serves as a menu of longtime Republican visions for the program, including repealing Medicaid expansion and Obamacare subsidies and giving states a fixed sum of money, known as a block grant, instead. Because the program is so big, even a small reduction in percent terms can add up to hundreds of billions of dollars over time. That includes shifting roughly $269 billion in funding for training medical residents and payments to hospitals for caring for the uninsured to the Department of Health and Human Services' budget.

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In the entire federal history of the country, Mr. President's budget has come out to be largest.

Advocates for Medicare beneficiaries had a measured reaction to the budget.

"This is something the president said he would never do when he was running for office", Hassan said.

Also, as expected, the president intends to cut $220 billion in the Supplemental Nutrition Assistance Program (known as SNAP or, more commonly, as food stamps), $21 billion in Temporary Assistance for Needy Families, $207 billion in the student loan program and seeks up to a 31-percent reduction in the Environmental Protection Agency.

The Medicare Rights Center said "it is hard to envision a situation where these changes do not profoundly impact the lives of people who depend on the program". Seniors with very high costs would benefit from a proposed cap on their copays, but others may actually wind up having to pay more.

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