• Education
    • Higher Education
    • Scholarships & Grants
    • Online Learning
    • School Reforms
    • Research & Innovation
  • Lifestyle
    • Travel
    • Food & Drink
    • Fashion & Beauty
    • Home & Living
    • Relationships & Family
  • Technology & Startups
    • Software & Apps
    • Startup Success Stories
    • Startups & Innovations
    • Tech Regulations
    • Venture Capital
    • Artificial Intelligence
    • Cybersecurity
    • Emerging Technologies
    • Gadgets & Devices
    • Industry Analysis
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy
Today Headline
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
Today Headline
No Result
View All Result
Home Business & Finance Economic Policies

Scathing analysis shows House GOP budget would add ‘$4.5 trillion’ to deficit while gutting safety net todayheadline

February 12, 2025
in Economic Policies
Reading Time: 3 mins read
A A
0
Scathing analysis shows House GOP budget would add '$4.5 trillion' to deficit while gutting safety net
6
SHARES
12
VIEWS
Share on FacebookShare on Twitter

On Thursday morning, February 12, Republicans in the U.S. House of Representatives released their budget resolution.

The resolution, according to the Center for American Progress’ Bobby Kogan, “keys up their reconciliation bills, which can avoid a filibuster and be passed with a simple majority.”

On X.com, formerly Twitter, Kogan posted, “This is VERY real. They are calling to cut Medicaid by AT LEAST $880 billion, and to cut SNAP by AT LEAST 20%.”

READ MORE: Law professor details potential ‘harm’ from DOGE’s ‘staggering and unprecedented breach’ of data

The budget resolution comes at a time when the Department of Government Ethics (DOGE), headed by billionaire SpaceX/Testa/X.com CEO Elon Musk, is pushing draconian cuts to the U.S. Agency for International Development (USAID), the Consumer Financial Protection Bureau (CPFB) and other agencies while President Donald Trump and other Republicans are calling for major tax cuts for the rich.

The GOP budget resolution is drawing a lot of responses on X.

NBC News’ Sahil Kapur detailed the effect the budget House Republicans are proposing could have on the United States’ federal deficit.

Kapur tweeted, “House Republicans release budget resolution ahead of a markup Thursday. • $4.5 trillion in new deficits for tax-writing Ways & Means Cmte • $4 trillion debt limit hike • $110 billion for Judiciary Cmte, $90 billion for Homeland Security Cmte (which oversee immigration) • A ‘goal’ of cutting mandatory spending by $2 trillion.”

READ MORE: ‘Trumpflation’: Trump slammed for blaming Biden after he breaks ‘day one’ promise to ‘bring prices down’

Jon Favreau of Pod Save America and Crooked Media posted, “Republicans want: $4.5 trillion in new deficits – including enormous tax cuts for Elon, Trump, and other billionaires $2 trillion in cuts to health care and retirement programs: Social Security, Medicare, Medicaid, and veterans’ benefits If DOGE terminated all other spending in the federal budget – on defense, education, transportation, medical research, foreign aid, etc., it would save around $1.7 trillion Not a math major, but…”

The Bulwark’s Tim Miller — a Never Trump conservative, frequent guest on MSNBC, and former GOP strategist — tweeted, “So inflation is up and the House GOP has issued a budget resolution indicating they plan on popping another $3-4 [trillion] onto the debt.”

The Center for American Progress’ Brendan Duke wrote, “A walk through of some of the priorities outlined in the House Budget Resolution[:] They are cutting health care for people with low incomes and disabilities by $880B+ while likely extending tax cuts for business owners (HEAVILY tilted to highest income) and multinational corps.”

In a separate tweet, Duke observed, “$230B+ in deficit reduction for the Agriculture Committee (that means nutrition cuts) $330B+ in deficit reduction for Education committee (that means education cuts) $880B(!!)+ in deficit reduction for Energy and Commerce (that means Medicaid cuts) And $4,500B for tax cuts.”

Reporter Jamie Dupree noted, “The House GOP budget resolution would increase the debt ceiling by $4 trillion.”

X user Mike Hamm, posting a chart showing food stamp use in red states, tweeted, “MAGAs voted for this, its only fair that they are the most affected.”

READ MORE: ‘So much for lowering costs’: Outrage grows over Musk’s death wish for consumer protection

Tags: addanalysisBudgetDeficitGOPguttinghousenetsafetyscathingshowstodayheadlineTrillion
Previous Post

Why AI firms should follow the example of quantum computing research todayheadline

Next Post

How to Break Free From Your Comfort Zone and Start Fueling The Growth of Your Company todayheadline

Related Posts

Smriti Irani visits Shri Mahakaleshwar Temple in Ujjain, offers prayers for soldiers deployed on the borders – The Economic Times Video todayheadline

May 31, 2025
3
ET logo

Delhi High Court affirms Military Code over religious exemptions todayheadline

May 31, 2025
4
Next Post

How to Break Free From Your Comfort Zone and Start Fueling The Growth of Your Company todayheadline

  • Trending
  • Comments
  • Latest
Family calls for change after B.C. nurse dies by suicide after attacks on the job

Family calls for change after B.C. nurse dies by suicide after attacks on the job

April 2, 2025
Pioneering 3D printing project shares successes

Product reduces TPH levels to non-hazardous status

November 27, 2024

Hospital Mergers Fail to Deliver Better Care or Lower Costs, Study Finds todayheadline

December 31, 2024

Police ID man who died after Corso Italia fight

December 23, 2024
Harris tells supporters 'never give up' and urges peaceful transfer of power

Harris tells supporters ‘never give up’ and urges peaceful transfer of power

0
Des Moines Man Accused Of Shooting Ex-Girlfriend's Mother

Des Moines Man Accused Of Shooting Ex-Girlfriend’s Mother

0

Trump ‘looks forward’ to White House meeting with Biden

0
Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

0
No rain forecast as crews battle Flin Flon wildfire

No rain forecast as crews battle Flin Flon wildfire

May 31, 2025
Kibbutz tractors roll into Tel Aviv, demand return of 58 hostages - Israel news

Kibbutz tractors roll into Tel Aviv, demand return of 58 hostages – Israel news

May 31, 2025
Hayes: Starlet Yohannes has big USWNT future

Hayes: Starlet Yohannes has big USWNT future

May 31, 2025
United’s CEO proclaims the budget airline model is dead and argues they ‘screw the customer’

United’s CEO proclaims the budget airline model is dead and argues they ‘screw the customer’ todayheadline

May 31, 2025

Recent News

No rain forecast as crews battle Flin Flon wildfire

No rain forecast as crews battle Flin Flon wildfire

May 31, 2025
3
Kibbutz tractors roll into Tel Aviv, demand return of 58 hostages - Israel news

Kibbutz tractors roll into Tel Aviv, demand return of 58 hostages – Israel news

May 31, 2025
5
Hayes: Starlet Yohannes has big USWNT future

Hayes: Starlet Yohannes has big USWNT future

May 31, 2025
3
United’s CEO proclaims the budget airline model is dead and argues they ‘screw the customer’

United’s CEO proclaims the budget airline model is dead and argues they ‘screw the customer’ todayheadline

May 31, 2025
4

TodayHeadline is a dynamic news website dedicated to delivering up-to-date and comprehensive news coverage from around the globe.

Follow Us

Browse by Category

  • Africa
  • Asia
  • Basketball
  • Business & Finance
  • Climate Change
  • Crime & Justice
  • Cybersecurity
  • Economic Policies
  • Elections
  • Entertainment
  • Entrepreneurship
  • Environmental Policies
  • Europe
  • Football
  • Gadgets & Devices
  • Health
  • Medical Research
  • Mental Health
  • Middle East
  • Motorsport
  • Olympics
  • Politics
  • Public Health
  • Relationships & Family
  • Science & Environment
  • Software & Apps
  • Space Exploration
  • Sports
  • Stock Market
  • Technology & Startups
  • Tennis
  • Travel
  • Uncategorized
  • Us & Canada
  • Wildlife & Conservation
  • World News

Recent News

No rain forecast as crews battle Flin Flon wildfire

No rain forecast as crews battle Flin Flon wildfire

May 31, 2025
Kibbutz tractors roll into Tel Aviv, demand return of 58 hostages - Israel news

Kibbutz tractors roll into Tel Aviv, demand return of 58 hostages – Israel news

May 31, 2025
  • Education
  • Lifestyle
  • Technology & Startups
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy

© 2024 Todayheadline.co

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business & Finance
  • Corporate News
  • Economic Policies
  • Entrepreneurship
  • Market Trends
  • Crime & Justice
  • Court Cases
  • Criminal Investigations
  • Cybercrime
  • Legal Reforms
  • Policing
  • Education
  • Higher Education
  • Online Learning
  • Entertainment
  • Awards & Festivals
  • Celebrity News
  • Movies
  • Music
  • Health
  • Fitness & Nutrition
  • Medical Breakthroughs
  • Mental Health
  • Pandemic Updates
  • Lifestyle
  • Fashion & Beauty
  • Food & Drink
  • Home & Living
  • Politics
  • Elections
  • Government Policies
  • International Relations
  • Legislative News
  • Political Parties
  • Africa
  • Asia
  • Europe
  • Middle East
  • Artificial Intelligence
  • Cybersecurity
  • Emerging Technologies
  • Gadgets & Devices
  • Industry Analysis
  • Basketball
  • Football
  • Motorsport
  • Olympics
  • Climate Change
  • Environmental Policies
  • Medical Research
  • Science & Environment
  • Space Exploration
  • Wildlife & Conservation
  • Sports
  • Tennis
  • Technology & Startups
  • Software & Apps
  • Startup Success Stories
  • Startups & Innovations
  • Tech Regulations
  • Venture Capital
  • Uncategorized
  • World News
  • Us & Canada
  • Public Health
  • Relationships & Family
  • Travel
  • Research & Innovation
  • Scholarships & Grants
  • School Reforms
  • Stock Market
  • TV & Streaming
  • Advertise with Us
  • Privacy & Policy
  • About us
  • Contact

© 2024 Todayheadline.co