Tenn. lawmakers debate morality of President Trump's first budget

Unlike the budgets of previous administrations, Summers said this one is not internally consistent with President Trump's vision.

Treasury Secretary Steven Mnuchin had expected the government to hit the legally mandated debt ceiling - now about $20.1 trillion - in early September. Treasury Secretary Steve Mnuchin, Education Secretary Betsy DeVos and Agriculture Secretary Sonny Perdue were the others.

President Donald Trump this week unveiled a $4.1 trillion spending plan that imposes deep cuts in programs for the poor and low-income Americans such as Medicaid and food stamps while boosting spending for defense and border security. It foresees scuttling Barack Obama's health care law and an overhaul of the tax code, a boon to the wealthiest Americans. "We finally have a president who's willing to actually even balance the budget", said House Speaker Paul Ryan, R-Wis. It would leave Medicare and Social Security pension benefits alone.

The impacts go beyond these two programs, the center said Tuesday.

"When you say "cut" are you speaking Washington or regular language?" Specifically, the administration argues that its tax reform plan will raise USA economic growth to 3 per cent of gross domestic product - itself a highly ambitious assumption - without factoring in the effect of a massive cut to tax revenues on the exchequer. "It assumes that the stars perfectly align".

As you might image, the Budget Committee's Democrats were scathing in their assessment of President Trump's first budget. Perdue said the nation has a dilemma in how to "right-size the budget" but acknowledged the concerns. But some 60 percent of food stamp recipients already work and an estimated 15 percent more work most of the time, availing themselves of food stamps only when they are between jobs or when their hours are reduced. It is a despicable way to try to excuse a heartless, cruel budget clearly created to somehow keep campaign promises no matter what. "True compassion is the number of people we want to try to get off of those programs". "We can agree the CBO puts out bad data", he said.

Perdue had no defense: "I think your comments are essentially irrefutable", he said.

Ariana Grande's Star-Studded Manchester Benefit Concert Set 2 Weeks After Attack
Grande also said "my heart, prayers and deepest condolences are with the victims of the Manchester attack and their loved ones". I'm mourning Manchester because of Grande's apology - she feels guilty and broken when the woman did absolutely nothing wrong.

Education Secretary Betsy DeVos is defending the Trump administration's proposal to slash funding for key K-12 and higher education programs while promoting school choice. On Wednesday she welcomed White House Budget Director Mick Mulvaney as he introduced the budget to Congress.

States now administer SNAP with federal money, but would have to come up with an average of 10 percent of the cost by 2020 and 25 percent by 2023.

"I find it a little bit unfair that Mr. Mulvaney and many people in the Trump administration disparage the head of the CBO ... when it was a Republican who appointed him", Sanders said. Bernie Sanders (I., Vt.) to task for his claim on MSNBC that some seniors would lose the only nutritious meal they get each day.

Trump's balanced-budget goal depends not only on the growth projections that most economists view as overly optimistic but also a variety of accounting gimmicks, including an nearly $600 billion peace dividend from winding down overseas military operations and "double counting" $2.1 trillion in revenues from economic growth - using them to both pay for tax cuts and bring down the deficit.

"I wouldn't say these funds are not very helpful for these states and localities, but I would offer that it isn't as grim as you describe if we take it away", Kelly said, responding to criticism of the proposal by Rep. Nita Lowey, D-N.Y.

Lowey said she anxious that Kelly didn't fully understand how important that money is to local jurisdictions, including New York City.

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