2021 Federal Budget Cuts

And as this country s affordable housing crisis keeps growing the trump budget proposes a 15 2 cut to the department of housing and urban development hud.

2021 federal budget cuts. The board of the metropolitan transportation authority this week passed a budget for 2021 that avoids proposed catastrophic cuts with the assumption that the agency will receive at least 4 5 billion in federal aid. The mta is banking on an urgent infusion of 4 5 billion from congress to avoid doomsday staff and service cuts in the first months of 2021 officials said wednesday. The fy21 budget request totals 4 8 trillion for the next fiscal year and includes cuts to programs that benefit low income children and families including dramatic cuts to mandatory health programs such as medicaid and the affordable care act.

The trump administration s budget plan for fiscal year 2021 mirrors its budgets of the last two years in the massive cuts it proposes for core public services that help struggling households afford the basics and access health care. Trump s 2021 budget would cut 1 6 trillion from low income programs. To date none of these have been enacted.

According to 2021 budget documents the trump administration has proposed 6 7 billion in total e p a. Part of this reduction in. Trump s 2021 budget advances exactly the wrong priorities for a society to deal proactively with the crises of accelerating economic inequality and climate disruption.

The white house has released its fiscal year 2021 budget proposal. On february 10 2020 president trump released his fiscal year 2021 fy21 budget proposal to congress. As it has in recent years the 4 8 trillion budget proposes some significant cuts to federal employees benefits and retirement programs.

President trump s budget would reduce medicare spending by a total of 756 billion between 2021 and 2030 a decrease of 7. Under administration the budget for human resources received a slight increase from rm15 million in 2020 to rm15 4 million in 2021 besides other budget hikes for administration of headquarters and state offices data management and competency development. Spending which would shrink the agency to funding levels it last saw during the 1990s.

The budget would reduce medicare spending. These proposals will likely sound familiar as we have seen them in past budget proposals. Moh s budget for administration was cut from rm2 4 billion in 2020 to rm2 3 billion for 2021.