Apparently some folks don’t like the budget shavings. ($39.5 billion sounds huge, but over the time period in question it’s something like 1/2 of 1 percent of federal spending – that’s not a “cut”, not even a “trim”.) So, let’s look at some of the wailing and gnashing of teeth provision.
The House yesterday narrowly approved a contentious budget-cutting package that would save nearly $40 billion over five years by imposing substantial changes on programs including Medicaid, welfare, child support and student lending.
With its presidential signature all but assured, the bill represents the first effort in nearly a decade to try to slow the growth of entitlement programs, one that will be felt by millions of Americans.
- “Women on welfare are likely to face longer hours of work, education or community service to qualify for their checks.” – Ok, join the club ladies
- “Recipients of Medicaid can expect to face higher co-payments and deductibles, especially on expensive prescription drugs and emergency room visits for non-emergency care.” – Good deal. Live in the real world with those of us who pay 100% of our own.
- “More affluent seniors will find it far more difficult to qualify for Medicaid-covered nursing care.” – Excellent, excellent, excellent. Redistributing wealth from the wealthy to the poor is a lousy idea, but redistributing it from the poor to the wealthy is flat out awful.
- “College students could face higher interest rates when their banks get squeezed by the federal government.” – Still beats credit card rates or title loans.
- “And some cotton farmers will find support payments nicked. ” – Again with redistribution from the poor to the wealthy. Most recipients of agriculture subsidies are rich enough without them and farm subsidies are a major stumbling block to expanding free trade, which would help the agriculture industry more than government pork and regulations anyway.
- “State-led efforts to force deadbeat parents to pay their child support may also have to be curtailed.” – State led efforts to do anything ought to be state funded. The states take a big chunk of the child support collected anyway. If it’s not paying for itself, then privatize it.