US Most Americans do not support making cuts to programs for people with low incomes
4 Of The Biggest Myths About The Tax Cuts And Jobs Act
The Tax Cuts and Jobs Act cuts rates for most tax brackets, substantially reduces business taxes, increases the standard deduction, and eliminates many tax loopholes and deductions. Since Republicans first rolled out their plan to implement tax reform, liberal pundits and Democrats have created and perpetuated a number of false claims about the legislation. Some are based on earlier bills, while others were crafted out of thin air to make it as difficult as possible for Republicans and President Trump to promote their plan to help Americans keep more of their own money.
If House Speaker Paul D. Ryan (R-Wis.) has anything to do with it, the next step for Congress will be cutting welfare programs that benefit low-income Americans — a move that is not particularly popular with the American public, including the congressman's own party.
The Washington Post's Jeff Stein reported earlier this month that congressional Republicans will aim next year to reduce spending on both federal health care and anti-poverty programs, citing the need to reduce the federal deficit.
Analysis: The year in polls
CBS News polls surveyed over 16,000 Americans this year on topics ranging from Trump to North Korea to marijuana. Here's a look at some of what we found in 2017President Obama left office a popular figure -- 62 percent of Americans approved of the way he handled his job over the past eight years, ranking him third among outgoing presidents since CBS began asking the question in 1981 – behind outgoing presidents Bill Clinton (68 percent) and Ronald Reagan (68 percent).
“We're going to have to get back next year at entitlement reform, which is how you tackle the debt and the deficit,” Ryan. "... Frankly, it's the health-care entitlements that are the big drivers of our debt, so we spend more time on the health-care entitlements — because that's really where the problem lies, fiscally speaking.”
“We're going to get back at reforming these entitlements. And we're going to take on welfare reform, which is another big entitlement program, where we're basically paying people, able-bodied people, not to work and depriving them with all these disincentives from going to the workforce. This good economy we're going to get out of this, this faster-growing economy, is going to produce higher wages and more demand for good-paying jobs. And that's what's good — so ... it's the perfect time to do welfare reform to ease the path for people who wanted to work.”
The Republican tax bill is an American betrayal
The American people voted for populism. They got plutocracy. The American people voted for populism. They got plutocracy.
But Ryan may face an obstacle with this, considering just how unpopular decreasing funding for programs helping low-income Americans may be.
Only 12 percent of American adults want to see President Trump and Congress decrease spending for Medicaid, according to a. Four in 10 preferred to increase Medicaid spending. And nearly half — 47 percent — want funding levels to remain the same.
Perhaps Senate Majority Leader Mitch McConnell (R-Ky.) knows this, which is why heAxios that he “would not expect to see” welfare reform on the agenda for 2018.
“I think Democrats are not going to be interested in entitlement reform, so I would not expect to see that on the agenda. What the Democrats are willing to do is important because in the Senate, with rare exceptions like the tax bill, we have to have Democratic involvement,” McConnell said.
In Tax Overhaul, Trump Tries to Defy the Economic Odds
Few independent analyses project anywhere near the rosy forecasts offered by the president’s top economic advisers. Sign Up For the Morning Briefing NewsletterTo Mr. Trump and his allies, the normal models just do not fully capture the high-octane “rocket fuel” embedded in the tax plan. Mr. Trump intuitively understands just how much attitudes and expectations can shape economic decisions.With a businessman in the White House, Mr. Trump argues that companies, large and small, have a renewed faith in the economy.
But getting Democrats on board may be the least of Republican lawmakers' concerns, considering how little Republican voters support decreased funding for those programs.
According tofrom the Pew Research Center, only 15 percent of Republicans support decreasing funding for Medicare, the federal health insurance program primarily for people 65 or older. And only 10 percent of Republicans support decreased funding for Social Security, an entitlement program primarily benefiting older Americans after retirement.
Given that the majority of Americans over 65 voted for Trump in the 2016 election, according to Washington Post exit polls, this may be something GOP leaders want to keep in mind.
And in general, fewer than 4 in 10 Republicans — 37 percent — support making cuts to America's “needy.” While Trump did not win working-class Americans as a whole, he did beat Democratic rival Hillary Clinton with white working-class voters by 39 percentage points, according to exit.
Congress is experiencing lower approval ratings than Trump, who has some of the worst ratings of any president at this time in history. Fewer than 20 percent of Americans approve of the job Congress is doing,to Gallup. With the 2018 midterm elections approaching — and with some Republican National Committee officials already concerned about the party's relationship with voters — Ryan leading his party forward with entitlement reform could cause significant political harm.
Ivanka Trump: Tax cuts and deregulation will 'ultimately eliminate the national debt' .
Screenshot/Fox News Ivanka Trump appeared on Fox News' morning show, "Fox & Friends," for the second time this week to promote the GOP tax bill. Trump said that she and Sen. Bob Corker, a longtime deficit hawk, believe the tax cuts, combined with deregulation, will "ultimately eliminate" the country's $20.6 trillion debt. That theory flies in the face of virtually all nonpartisan research, which shows that the GOP bill will increase the deficit by up to $1.4 trillion.
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