Trump’s Budget Cuts Spending on Vets, Farmers, Students, Seniors and the Poor

As long as we’re on the subject of the president’s budget, here’s the nickel summary in chart format:

There are more details in the full budget document. For example, Trump proposes to reduce crop subsidies by $22 billion. You betcha. Student loan “reform” will save $200 billion and “streamlining” conservation programs will save $9 billion. Tort reform will save $31 billion. Sure it will. “Enhancing” the VA pension program will save $3 billion. Eliminating manufacturers’ discounts will cut Medicare prescription payments by $75 billion and reducing payments to providers will save another $400 billion. Eliminating cost-of-living increases and raising contribution levels will save $135 billion in federal pension costs. “Reforming” SNAP will save $220 billion. “Testing new approaches” to disability will save $48 billion. The post office gets cut by $98 billion. Making it harder to apply for EITC and the child tax credit will save $68 billion.

You get the idea. Give big tax breaks to the rich and then cut spending on vets, farmers, students, seniors, and the poor. What’s not to like?

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DECEMBER IS MAKE OR BREAK

A full one-third of our annual fundraising comes in this month alone. That’s risky, because a strong December means our newsroom is on the beat and reporting at full strength—but a weak one means budget cuts and hard choices ahead.

The December 31 deadline is closing in fast. To reach our $400,000 goal, we need readers who’ve never given before to join the ranks of MoJo donors. And we need our steadfast supporters to give again—any amount today.

Managing an independent, nonprofit newsroom is staggeringly hard. There’s no cushion in our budget—no backup revenue, no corporate safety net. We can’t afford to fall short, and we can’t rely on corporations or deep-pocketed interests to fund the fierce, investigative journalism Mother Jones exists to do.

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