Chairman Ryan Gets 66 Percent of His Budget Cuts From Programs for People With Low or Moderate Incomes
by Richard Kogan and Kelsey Merrick Cuts in low-income programs including reductions in both discretionary and entitlement programs appear likely to account for at least $3.3 trillion or about 66 percent of the $5 trillion in overall non-defense budget cuts, and probably significantly more than that. As explained in the analysis, our assumptions regarding the size of the low-income cuts are somewhat conservative. The $3.3 trillion includes the following four categories of budget cuts: $2.6 trillion in reductions from Medicaid, subsidies to help people with modest incomes purchase health insurance, and much smaller related expenditures under the Affordable Care Act, $135 billion in cuts to the Supplemental Nutrition Assistance Program (SNAP), formerly known as the Food Stamp Program, At least $325 billion in cuts in mandatory programs serving low-income Americans, other than Medicaid and SNAP, and At least $235 billion in cuts in low-income discretionary programs. View the full analysis: http://www.cbpp.org/cms/index.cfm?fa=view&id=3925 http://www.cbpp.org/files/3-15-13bud.pdf 5 pp. Contact Michelle Bazie Vice President for Communications Center on Budget and Policy Priorities 820 First Street, NE, Suite 510 Washington, DC 20002 [email protected] Resources Support the Center's Work [Non-text portions of this message have been removed] ------------------------------------ --------------------------------------------------------------------------- LAAMN: Los Angeles Alternative Media Network --------------------------------------------------------------------------- Unsubscribe: <mailto:[email protected]> --------------------------------------------------------------------------- Subscribe: <mailto:[email protected]> --------------------------------------------------------------------------- Digest: <mailto:[email protected]> --------------------------------------------------------------------------- Help: <mailto:[email protected]?subject=laamn> --------------------------------------------------------------------------- Post: <mailto:[email protected]> --------------------------------------------------------------------------- Archive1: <http://www.egroups.com/messages/laamn> --------------------------------------------------------------------------- Archive2: <http://www.mail-archive.com/[email protected]> --------------------------------------------------------------------------- Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/laamn/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/laamn/join (Yahoo! ID required) <*> To change settings via email: [email protected] [email protected] <*> To unsubscribe from this group, send an email to: [email protected] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
