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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We didn't know what to expect when we told you we needed to raise $400,000 before our fiscal year closed on June 30, and we're thrilled to report that our incredible community of readers contributed some $415,000 to help us keep charging as hard as we can during this crazy year.

You just sent an incredible message: that quality journalism doesn't have to answer to advertisers, billionaires, or hedge funds; that newsrooms can eke out an existence thanks primarily to the generosity of its readers. That's so powerful. Especially during what's been called a "media extinction event" when those looking to make a profit from the news pull back, the Mother Jones community steps in.

The months and years ahead won't be easy. Far from it. But there's no one we'd rather face the big challenges with than you, our committed and passionate readers, and our team of fearless reporters who show up every day.

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