"This is a budget for the military industrial complex, for corporate CEOs, for Wall Street, and for the billionaire class."
Copies of volume 1 of President Donald Trump's new budget for Fiscal Year 2020 that has been delivered to the House Budget Committee, on March 11, 2019 in Washington, D.C. (Photo: Mark Wilson/Getty Images)
If a budget is a statement of values and priorities, President Donald Trump's proposal for fiscal year 2020 clearly displays his commitment to enriching the wealthy at the expense of ordinary Americans.
"Make no mistake about it: Trump's budget is a massive transfer of wealth from working class families to the wealthiest people and most profitable corporations in America."
—Sen. Bernie Sanders
That was how Sen. Bernie Sanders (I-Vt.) characterized Trump's $4.7 trillion budget request on Monday after the White House released details of the plan, which includes a massive increase in military spending and trillions of dollars in total cuts to Medicare, Medicaid, and Social Security.
"The Trump budget is breathtaking in its degree of cruelty and filled with broken promises," Sanders, the ranking member of the Senate Budget Committee, said in a statement. "Donald Trump promised the American people that he would be a different type of Republican, that he would be a champion of the working American and that he would not cut Social Security, Medicare, and Medicaid. But his budget does the exact opposite of what he promised the American people."
Over the next decade, Trump's budget—officially titled "A Budget for a Better America"—would slash Medicaid by $1.5 trillion, Medicare by $845 billion, and Social Security by $25 billion, according to Sanders' office. The president's blueprint also requests $8.6 billion in border wall funding.
"This is a budget for the military industrial complex, for corporate CEOs, for Wall Street, and for the billionaire class," Sanders said. "It is dead on arrival."
This is a budget for the military-industrial complex, for corporate CEOs, for Wall Street and for the billionaire class.
— Bernie Sanders (@SenSanders) March 11, 2019
We don’t need billions of dollars for a wall that no one wants. We need a budget that works for all Americans, not just Trump and his billionaire friends. https://t.co/qKf8iXpYzF
Giving the Pentagon "even more than it hoped for," Trump's budget calls for an $861 billion increase in base military spending over the next ten years.
That sum, Sanders said, "could make public colleges and universities tuition-free over the next decade."
Warren Gunnels, Sanders' staff director, tweeted: "We don't need a magic wand or a genie to make public colleges free. We need to get our priorities right."
Over the next 10 years, Trump's budget would cut:
— Warren Gunnels (@GunnelsWarren) March 11, 2019
- $1.5 trillion from Medicaid
- $845 billion from Medicare
- $25B from Social Security
- $207B from college education
- $220B from food stamps
While base defense spending would increase by $861 billion https://t.co/o7IW4SQIMq
As the Washington Post's Jeff Stein and Amy Goldstein reported, Trump's budget proposal calls for coverting Medicaid into a block-grant system and handing states the power to set coverage rules—a move that would endanger the healthcare of millions of low-income Americans.
"Make no mistake about it: Trump's budget is a massive transfer of wealth from working class families to the wealthiest people and most profitable corporations in America," Sanders concluded.
