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Trump's Economic Plan: Cuts to Medicaid and SNAP for Tax Extension

President-elect Trump's advisors propose reducing social safety nets to fund tax cuts for the wealthy.

  • Republicans are considering new work requirements and spending caps for Medicaid and SNAP to offset the cost of extending Trump's 2017 tax cuts.
  • The proposed tax cuts, set to expire next year, would add an estimated $4 trillion to the national debt.
  • Critics argue these cuts would disproportionately affect 70 million low-income Americans who rely on these programs.
  • The GOP's plans include potentially transforming Medicaid funding into block grants, which could lead to reduced eligibility and benefits.
  • Democratic leaders condemn the proposal, emphasizing the impact on healthcare access and food security for vulnerable populations.
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