Nel's New Day

February 12, 2020

Budget Shows DDT’s Cruel Priorities

Last year, household debt topped $14 trillion.

The day before Dictator Donald Trump (DDT) Trump tweeted “BEST USA ECONOMY IN HISTORY!” he slashed a scheduled pay raise for federal workers from 2.5 percent to 1 percent because, according to DDT, he’s “keeping the nation on a fiscally sustainable course.” The White House said that a president can “implement alternative plans for pay adjustments” in “a national emergency or serious economic conditions affecting the general welfare.” This assertion came from the man who signed $1.5 trillion cuts for the rich and big business. The increase in cost of living for 2019 was 2.3 percent, the highest since 2011, which means that federal workers’ wages dropped 1.3 percent.

In January, the federal deficit climbed to $389, 25 percent more than the same period last year. The Treasury Department estimates a deficit of more than $1 trillion, even higher than the almost $1 trillion for each of the first two years after DDT was inaugurated. Revenue is down because of loss from individual corporate tax cuts of 40 percent.

Against this backdrop, DDT released his new budget with the redundant name “The Budget for America’s Future.” On the campaign trail, DDT said he would eliminate the federal debt, or at least halve it, during his presidency. Instead, his new budget adds $3.4 trillion by 2024 on top of the $3 trillion he already added—and that’s likely a very conservative guesstimate—with an “optimistic” projection of ballooning debt until 2035.

When he pushed the tax cuts, DDT promised to grow the economy by at least four percent and maybe 5 percent or 6 percent. Last year, the GDP grew at 2.3 percent, and he projects 2.8 percent for 2020, going up to 3 percent a year after that. He’s still saying that his tax plan will create business investment and economic growth. The Congressional Budget Office’s far more realistic estimate is GDP growth of 2.2 percent this year, 1.9 percent in 2021, and average 1.7 percent through 2030.

Saturday morning, Dictator Donald Trump (DDT) tweeted that he “will not be touching your Social Security and Medicare in Fiscal 2021 Budget.” The next day, DDT’s newly released budget showed “steep reductions in social-safety-net programs” of $2 trillion, including $1.6 trillion cuts to Medicare, Medicaid, and Social Security, according to the conservative Wall Street Journal. Among the $920 billion cut for Medicaid and the Affordable Care Act are $135 billion for prescription drugs and $292 billion in safety-net cuts such as work requirements and food stamps. [Last year, drug prices increased by 5 percent] DDT’s budget cuts Medicare by $451 billion. Gone are $1.7 billion for low-income children’s school meals, $200 billion by requiring Social Security numbers for the child tax credit and earned income tax credit, and $170 billion for student loan programs. Social Security was cut by $70 billion eligibility for disability benefits, adding to a total of $4.4 trillion cuts for programs benefiting families and working people.

With Mick Mulvaney still making the $203,500 for salary from his past position as director of the Office of Management and Budget but now action chief of staff, acting OMB director Russell Vought, making only $179,000 to do Mulvaney’s dirty work, was left to justify DDT’s budget. According to Vought, the administration isn’t making these cuts at all: it will “remove” parts of the Medicare and then “moderate their growth” with reforms. He declined to give a total figure of all cuts (aka moderations of growth) to Medicare and Social Security.

Vought couldn’t answer the question about DDT’s introduction of the new budget that stated the government “abused its authority to go after business.” He said:

“Who? Who? Who’s saying that? Don’t have it in front of me.”

The White House put most of Vought’s briefing “off-camera.”

Asked about the $2 trillion in proposed cuts to “entitlement programs,” Vought answered that they weren’t cuts. He said, “We believe these are good-government reforms.” He also commented that “the coronavirus is not going to have a ripple effect.”

Under oath while testifying before the House Budget Committee, Vought refused to answer the question about whether President Obama’s administration had created any jobs.

Once again DDT panders to his base with his budget. His only increases are 12 percent to NASA for a trip to Mars (which DDT unfortunately won’t be taking), an increase in military spending to $740.5 billion, and 13.3 percent increase to the VA mostly for veterans’ health care, some of it for the after affects of DDT-caused head injuries from rocket attacks. And of course, the wall would get another $2 billion.

Other cuts:

  • 9 percent cut from the Centers for Disease Control and Prevention and the Department of Health and Human Services.
  • 8 percent cut from the Education Department.
  • 21 percent cut from foreign aid.
  • 21 percent cut for the State Department and related international programs which includes the elimination of the Overseas Contingency Operations account.
  • 26.5 percent cut from the EPA.
  • 22 percent cut from the Army Corps of Engineers.
  • 37 percent cut from the Commerce Department.
  • 15 percent cut from the Department of Housing and Urban Development.
  • 11 percent cut from the Labor Department.
  • 8 percent cut from the Energy Department.

The White House projects the economy will grow by an average of 3 percent a year if all of its proposals are adopted. The administration said real, or inflation-adjusted, gross domestic product would grow by 3.1 percent in 2021, up from its estimate of 2.8 percent this year. The administration forecast is considerably higher than the Congressional Budget Office’s estimate that GDP will grow by 2.2 percent this year, 1.9 percent in 2021 and average 1.7 percent through 2030. White House forecast is based in part on the expectation the 2017 tax cuts, which would be extended in the budget plan, will spur business investment and economic growth.

DDT’s budget proposal nullifies a two-year deal negotiated with Congress last summer that raised both defense and domestic spending.

Two years ago, James Hohmann wrote a piece for Washington Post about DDT’s budget. Everything he said then holds true in 2020:

“[DDT] campaigned like a populist, but the budget he proposed Monday underscores the degree to which he’s governing as a plutocrat….

“’This is a messaging document,’ budget director Mick Mulvaney told reporters at the White House.”

These are the messages:

DDT campaigned on never cutting Medicaid, Medicare, or Social Security, but his budget proposes these cuts with block grants.

DDT campaigned on bringing back manufacturing jobs, but he’s slashing budgets for training and support of job loss. Last year, the auto industry alone lost 50,000 jobs.

DDT campaigned on a balanced budget and created almost $3 trillion in deficits in his first three years.

DDT keeps campaigning on strong GDP growth while it becomes weaker.

DDT campaigning on helping the low-income workers but passed tax cuts for the rich and big business that helps only the “haves.” His budget promotes human suffering.  

DDT wants to kill the Consumer Financial Protection Bureau, programs to prevent pollution, and eliminate any program that might stall climate change.

DDT campaigns on less government while increasing the part that he loves—military build-up. [In 2013, when former Defense Secretary was a Marine general leading Central Command, he told Congress, “If you don’t fully fund the State Department, then I need to buy more ammunition.” Now DDT buys more ammunition.]

DDT continues his plan of privatization to destroy public lands through mining, grazing, etc. and increase private school vouchers for Christian schools while slashing the Education Department budget.

About his budget, DDT said:

“We’re doing a lot of things that are good, including waste and fraud. Tremendous waste and tremendous fraud.”

Yes, he’s right. He’s doing “a lot of … waste and fraud. Tremendous waste and tremendous fraud.”

An overview of DDT’s budget. 

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