5/22/2017

BUDGET/TRUMP AS PRESIDENT: “The Trump administration is billing its budget as a plan to ‘reform the welfare system’ and replace ‘dependency with dignity of work,’ while saving $274 billion over 10 years, according to a four-page memo obtained by POLITICO.
The White House budget, to be released Tuesday [5-23-17], will suggest taking an ax to safety net programs like food stamps and popular family benefits like the child tax credit, in order to achieve the ambitious goal of balancing the federal budget over a decade.
About $193 billion of the estimated savings would come from controversial changes to food stamps, also known as the Supplemental Nutrition Assistance Program, with tighter work rules for beneficiaries and restrictions limiting benefits to people who are authorized to work in the United States.
Under the proposal, the White House estimates changes to the Earned Income Tax Credit and Child Tax Credit would save $40 billion over 10 years. And changes to the Temporary Assistance for Needy Families program are expected to save $21 billion over that time.”

-Sarah Ferris, “White House pitches budget as welfare reform,” Politico, May 22, 2017 2:04pm