Trump said he wouldn't cut Medicaid, Social Security, and Medicare. His 2020 budget cuts all 3.
Over the next 10 years, Trump’s 2020 budget proposal aims to spend $1.5 trillion less on Medicaid — instead allocating $1.2 trillion in a block-grant program to states — $25 billion less on Social Security, and $845 billion less on Medicare (some of that is reclassified to a different department). Their intentions are to cut benefits under Medicaid and Social Security. The impact on Medicare is more complicated, which I’ll get into a bit later.
Here’s what’s actually happening: This budget proposes finding $845 billion in savings over 10 years from Medicare as we know it. But $269 billion of that figure is reclassified under the Department of Health and Human Services, bringing the Medicare cuts to $575 billion. As Vox explained, the administration says it will achieve these cost reductions by targeting wasteful spending and provider payments and lowering prescription drug costs.
The Committee for a Responsible Federal Budget, which advocates for fiscal responsibility, estimates that 85 percent of these cuts will come from reductions in provider payments, 5 percent would come from policies around medical malpractice, and 11 percent would come from reducing drug costs through the Medicare Part D program. Medicare Part D is the only area of these reforms that could raise out-of-pocket drug prices for some while lowering it for others. Otherwise, premiums, deductibles, and copays would largely be left unaffected.
Unsurprisingly, the Federation of American Hospitals is not a fan of this part of Trump’s budget proposal. In a statement, they called the reforms “devastating for seniors.” More surprisingly, as Axios’s Sam Baker points out, these reforms are pretty similar to policies Barack Obama proposed in 2012 that Republicans panned.
https://www.vox.com/policy-and-politics/2019/3/12/18260271/trump-medicaid-social-security-medicare-budget-cuts
Trumps Lies are Coming to fold, as the Media talks BS the Truth takes a Backseat!
= new reply since forum marked as read
