Democrats: Republicans slashing $470B+ from Medicare — 6 insights

Senate Democrats allege that Republicans are cutting $1 trillion-plus from Medicaid and $470 billion-plus from Medicare in their proposed budget resolution, The Hill reports.

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Here’s what you should know:

1. If the budget is brought to floor in its current state, it would break a promise by President Donald Trump to not cut Medicare spending.

2. Budget Committee democrats said the cuts would be used to provide tax breaks “to the wealthiest people and most profitable corporations.”

3. The cuts haven’t been detailed in any public documents, nor are there any proposals on how the cuts would be enacted.

4. Democrats allege the budget cuts $5 trillion-plus from domestic programs over a decade. Democrats did not provide a breakdown of what specifically is being cut.

5. Democrats sent a letter to President Trump informing him of the cuts and asking for his veto.

6. A GOP aide denied the existence of cuts. The aide did say, however, that spending growth would slow.

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