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In reply to the discussion: Trump Says U.S. Will Purchase Crops to Offset China Losses [View all]stillcool
(34,407 posts)24. it's so confusing...
pay farmers to send food to poor nations. At the same time cut aid to poor Americans.
Trump Administration Seeks to Redefine Formula for Calculating Poverty
By Annie Karni
May 7, 2019
WASHINGTON The Trump administration is proposing regulatory changes that could result in cuts in federal aid to millions of low-income Americans.
The proposal by the Office of Management and Budget on Monday would change how inflation is used to calculate the official definition of poverty used by the Census Bureau to estimate the size of the countrys poor population. The measure is also often applied to determine eligibility for government benefits.
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This policy would, over time, cut or take away entirely food assistance, health and other forms of basic assistance from millions of people who struggle to put food on the table, keep a roof over their heads and see a doctor when they need to, said Sharon Parrott, a senior fellow at the Center on Budget and Policy Priorities. She also noted that the reductions stood in contrast to the administrations 2017 tax law, which gave new benefits to high-income households.
By Annie Karni
May 7, 2019
WASHINGTON The Trump administration is proposing regulatory changes that could result in cuts in federal aid to millions of low-income Americans.
The proposal by the Office of Management and Budget on Monday would change how inflation is used to calculate the official definition of poverty used by the Census Bureau to estimate the size of the countrys poor population. The measure is also often applied to determine eligibility for government benefits.
---------------------------------
This policy would, over time, cut or take away entirely food assistance, health and other forms of basic assistance from millions of people who struggle to put food on the table, keep a roof over their heads and see a doctor when they need to, said Sharon Parrott, a senior fellow at the Center on Budget and Policy Priorities. She also noted that the reductions stood in contrast to the administrations 2017 tax law, which gave new benefits to high-income households.
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Can some economist explain how any of this 'robbing Peter to pay Paul' stuff
sinkingfeeling
May 2019
#4
It's OK if it's Proletariat Peter who is picking up the tab and not Bourgeoisie Peter!
TheBlackAdder
May 2019
#18
Trump had to say SOMETHING to settle the futures market, it's been tanking for a week
CharleyDog
May 2019
#19
Just so long as it isn't one of the four or five countries of Mexico we give the soybeans to.
Hugin
May 2019
#5
Wait what? To cover his China failure, our taxe$ will buy American food to be sent abroad?
yerop
May 2019
#10
Trump argued for taxing consumers to prop up part of his political base that's getting hammered
mahatmakanejeeves
May 2019
#12
The level of factually wrong info from the president this morning is high.
mahatmakanejeeves
May 2019
#15
We've already done several tariff-related price increases at the store I work in; higher ones are
NBachers
May 2019
#22
i watch the farm report every sunday morning. this is not what the farmers want.
Kurt V.
May 2019
#31
I guess the orange anus skipped Tariffs 101 at his highfalutin business college
Brother Buzz
May 2019
#43
Does Trump think that tariffs are a type of tax that goes to the government?
Cold War Spook
May 2019
#44
He doesn't know what the h** he's doing. Someone get this clown out of office. nt
Honeycombe8
May 2019
#45