As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by TheHill.com:
President Trump’s plan to claw back more than $15 billion in spending is on life support on Capitol Hill.
GOP leaders insist they are open to Trump’s proposal, which comes after Republicans faced a backlash for passing a mammoth, $1.3 trillion spending omnibus that shredded federal budget caps.
The article goes on to state the following:
But despite the GOP’s broad desire to cut spending, it increasingly appears unlikely that the legislation will reach Trump’s desk, with Republicans in both chambers expressing opposition.
House moderates are worried, their colleagues say, that Democrats could weaponize the package against them in the midterm elections — an election where many of them are already facing steep headwinds.
The main political issue is that nearly half the funds that Trump wants rescinded — $7 billion of the $15.4 billion total — come from two accounts in the Children’s Health Insurance Program (CHIP). The administration, backed up by an analysis from the Congressional Budget Office, says the rescissions would not impact CHIP spending over the next decade.
But for imperiled House Republicans, voting to remove funds from a children’s health account provides easy fodder for attack ads.
To weigh in on this information provided by TheHill.com, engage in our LIVE CHAT below. Scroll down.
For more on this story, click the "read more" button below.
If you would like to receive Breaking News text alerts on a smartphone or tablet, download the DML APP which is completely FREE and easy to use. Go to the Google Play Store or the IOS App Store and search for DML APP. Be sure to keep the app’s notifications setting on. Another way to receive alerts is to text to 40404 the following message: follow @realdennislynch (be sure to put a space between the word follow and the @ symbol).
To see more stories like this, sign up below for Dennis Michael Lynch’s email newsletter.
Sign up to get breaking news alerts from Dennis Michael Lynch.