House Republicans released a budget proposal Tuesday that would balance in nine years – but only by making large cuts to entitlement programs, including Medicare and Social Security, that President Donald Trump has vowed not to touch.
…Lawmakers of both parties agree that so-called mandatory spending that is not subject to Congress’s annual appropriations process is becoming unsustainable. But Trump has largely taken it off the table by refusing to touch Medicare or Social Security, and Democrats have little interest in addressing it except as part of a larger deal including tax hikes – the sort of “Grand Bargain” that eluded former President Barack Obama.
…The budget also proposes …adding more work requirements for food stamp and welfare recipients and requiring federal employees – including members of Congress – to contribute more to their retirement plans. It relies on rosy economic growth projections and proposes using a budgetary mechanism to require other congressional committees to come up with a combined $302 billion in unspecified deficit reduction.