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U.S. Budget Negotiations

  • Thread starter Thread starter nycfan
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1. You should my thread "Teachers." It's a dive into the job numbers. Suffice it to say, between 70-90K of those 147K jobs are illusory gains. In August they will reverse.

2. The CBS settlement is a bad thing. You think it's good for the United States for the president to be suing media companies, and not even trying to win on the merits. They strongarmed a settlement by threatening to block a merger between private parties. Could you explain how this is a good thing at all? Even if you think somehow the 60 Minutes interview was wrongly edited, surely you don't think that's a good thing?

3. There are no trade deals. None. Trump has just told Vietnam to charge more money for the products we buy from them. Winning!

4. When everything goes to shit, as it surely will because it's already heading that way, are you going to admit you were wrong this whole time?
CBS tried to help their girl Kamala by selecting editing their interview by trying to promote that she had intelligent thoughts on why she had thoughts on the Israeli/Hamas conflict.
 

Trump's signature policy bill adjusts work requirements for the Supplemental Nutrition Assistance Program, the country's largest nutrition assistance program.

  • In order to keep their benefits under the Senate-passed version of the bill, parents of children aged 14 or older would have to meet work requirements. The bill also bumps the work requirement age up to 64.
  • Currently, SNAP's requirements for able-bodied adults without dependents apply to those between 18 and 54.
  • It could also force some states to shoulder more benefit costs, the rate of which would be set by a state's percent of erroneous payments. Benefits are currently 100% federally funded, though states share administrative costs.
Threat level: Medicaid and food aid cuts could also lead to job losses and hits to state GDPs, Axios' Alex Fitzpatrick writes.

Zoom out: In March 2025, more than 42 million Americans participated in SNAP, according to initial USDA data.

  • The program provides crucial support for families with low-paying jobs, low-income older adults, people with disabilities and others.
  • According to a CBPP analysis of FY 2024 USDA data, more than 62% of SNAP participants are in families with children, and more than 38% are in working families.
  • New Mexico has the largest share participating in SNAP, with some 21% of the population helped by the program, according to preliminary March data.



By the numbers: The bill would reduce nutrition funding, which includes SNAP, by around $186 billion between 2025 and 2034.

  • While analyst's projections have fluctuated as the legislation's provisions are tweaked, analysts have indicated millions of people could be cut from SNAP under the work requirement provisions.
  • CBPP points to a CBO indication that more than 2 million people would be cut from SNAP under the work requirement provision.
  • While the CBPP notes that revised legislation released June 25 slightly modified several SNAP provisions in the reconciliation plan, it still says more than 5 million people live in households at risk of losing at least some food assistance.
 
^ also SNAP funding goes down just as food prices will for sure rise thanks to inflation from tariffs and the result of the immigrant hunts that ICE will be insanely funded to carry out.
 
The bill allows whaling captains to deduct up to $50,000 of whaling-related expenses on their taxes. The previous limit was $10,000. The bill also carves out a tax exemption for fishers from western Alaskan villages.



Both these provisions were added to the bill to win the support of Senator Lisa Murkowski of Alaska.
 

Trump's signature policy bill adjusts work requirements for the Supplemental Nutrition Assistance Program, the country's largest nutrition assistance program.

  • In order to keep their benefits under the Senate-passed version of the bill, parents of children aged 14 or older would have to meet work requirements. The bill also bumps the work requirement age up to 64.
The Senate version of the budget bill includes provisions impacting parents of children under 14, particularly in relation to Medicaid and the Child Tax Credit. The bill would exempt parents of children under 14 from certain work requirements to maintain Medicaid eligibility.
Additionally, it would increase the Child Tax Credit to $2,200 per child, but with potential limitations on its benefit for lower-income families.

Medicaid and Work Requirements:
The bill would require able-bodied adults, including parents, to work 80 hours per month to maintain Medicaid eligibility, but parents of children under 14 would be exempt.


This exemption for parents of young children is a point of contention, with some arguing it is necessary for childcare reasons and others criticizing it for potentially creating a disincentive to work.

Child Tax Credit:
The bill would increase the Child Tax Credit from $2,000 to $2,200 per child.
However, it would also impose stricter requirements, potentially limiting the full benefit for lower-income families.
One key change is the requirement that both parents must have a Social Security number for their child to be eligible for the full credit, which could exclude some families.
 

The Big, Beautiful Bill's Ugly Future for Rural Health Care​

The sacrifices the legislation imposes on struggling communities don't improve the financial health of our nation.


The bill that just passed the Senate means more uncompensated care, and it harms one of the few funding streams states have for keeping struggling hospitals afloat. In the House version, Medicaid spending in rural areas will decline by as much as $119 billion (or 15%) over 10 years, including a loss of $50.4 billion in Medicaid funding for rural hospitals at a time when nearly half have already been operating at a financial loss. The Senate bill's inclusion of a $50 billion rural hospital fund won’t address this shortfall. More closures will be inevitable.


Despite arguments that work requirements for Medicaid get people back to work, when Arkansas tried to apply a similar policy at the state level in 2018, it saw nearly 17,000 lose coverage, with no increase in employment. What did increase in Arkansas? Medical debt, something most Americans fear and that is essentially nonexistent in other advanced countries.
 
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