Press Release
Posted:
Washington – Rep. Mike Thompson (CA-05) strongly condemned the President’s proposals to cut basic services for our families and communities. The President’s plan builds on cuts he first proposed in his “Skinny Budget,” and it breaks his pledge to avoid cutting Medicaid and Social Security.
“With this budget, the President launched a full-throated attack on middle class families,” said Thompson. “His budget would make sweeping, unprecedented cuts to Social Security, Medicaid, and so much more. It would rip food away from hungry seniors and leave our families and neighbors with little support. I strongly oppose cuts that would destroy programs important to hardworking men, women, and families.”
The President’s budget slashes $1.4 trillion from programs our families and communities depend on to get by. Included in his budget are:
- $610 billion in cuts to Medicaid
- $191 billion from the Supplemental Nutrition Assistance Program (SNAP), which helps feed nearly 44 million people-including kids—every year
- $143 billion from federal student loans, including the elimination of federally subsidized loans and loan forgiveness programs for nurses, police officers, and teachers
- $100 billion from the Highway Trust Fund
- $48 billion cut from Social Security’s disability program
- $40.4 billion in cuts to the Earned Income Tac Credit and Child Tax Credit
- $38 billion from Farm bill programs, including a cap on crop insurance premium subsidies
- 31.4 percent cut to the Environmental Protection Agency (EPA)
- 20.5 percent cut to the Department of Agriculture