Last Monday, Trump released his 2020 budget proposal. In it, he calls for slashing Medicare, Social Security and Medicaid, breaking his campaign promise not to hurt these programs. If passed, his budget would put more holes in an already fragile social safety net.
The Trump budget cuts $845 billion from Medicare over ten years. Much of this money would come out of the pockets of doctors and hospitals. Some of the money would simply reduce the amount Medicare pays doctors who are based in hospital outpatient departments to the level that it pays doctors for the same services out of hospital. Some of the money would be taken out of the pockets of rehab facilities, home health providers and skilled nursing facilities. Of note, however, President Trump does not propose cuts to Medicare Advantage plans.
The President also proposes cutting $1.5 trillion from Medicaid. He would undo Medicaid expansion and health insurance subsidies provided for by the Affordable Care Act. He would require some Medicaid enrollees to work. And, he would block grant Medicaid, which experts say would mean cuts to the program, as the grants are not expected to keep pace with inflation.
Finally, the President proposes cutting SSA’s budget by $400 million for no good reason. Social Security has a $2.9 trillion surplus and money for Social Security administration comes out of the Social Security Trust Fund. Social Security needs this money to meet the needs of Social Security enrollees. According to Nancy Altman, President, Social Security Works, “This will lead to office closures and longer wait times, making it more difficult for Americans to access the benefits they’ve earned.” Moreover, Trump’s budget also cuts $25 billion from Social Security disability benefits.
All these proposed Trump budget cuts endanger the health and financial security of older and low-income Americans. The President looks to be using these cuts to pay for his big tax breaks for corporations and the wealthiest Americans.
Here’s more from Just Care:
- Congress should scrap the Social Security cap
- Congressman Larson introduces the Social Security 2100 Act
- Majority of Americans oppose GOP plan to slash Medicare, Medicaid and Social Security
- Social Security: What to know before claiming benefits
- People with serious health needs more likely to disenroll from Medicare Advantage plans