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Center on Budget Profile picture
@CenterOnBudget
Feb 7, 2020 • 7 tweets • 5 min read • Read on X
The #TrumpBudget will provide a roadmap of the policies his admin will try to pursue this year. Here are the 5 areas we're tracking:

⚕️Health care
🍎 Low-income programs
💵 Non-defense discretionary funding
🚧Infrastructure
⚖️Income/racial disparities

cbpp.org/research/feder…
⚕️ The Trump admin, along with 18 state attorneys general, is urging the courts to strike down the entire ACA.

This would cause 20 million people to become uninsured, end protections for pre-existing conditions, disrupt Medicare & Medicaid, & more: cbpp.org/research/feder…
🍎All 3 previous #TrumpBudget s have proposed substantial cuts in #SNAP, #housing assistance, & basic income assistance for families w/ children, people w/ disabilities, & more.

This would increase #poverty & hardship: cbpp.org/research/feder…
💵All 3 of the previous #TrumpBudget s have cut non-defense discretionary funding by more than 40% in inflation-adjusted terms by the end of their 10-year budget windows: cbpp.org/research/feder…
🚧Last year’s #TrumpBudget claimed to support at least $1 trillion in #infrastructure investment, but that number masked net cuts in federal infrastructure funding in the long run: cbpp.org/research/feder…
⚖️If this year’s #TrumpBudget follows his last year’s budget, then it will increase income disparities & widen inequality across racial & ethnic lines: cbpp.org/research/feder…
The #TrumpBudget will be released on February 10 & we will be providing analysis on all these policy fronts throughout the day.

Make sure to follow along using #TrumpBudget & stay up to date with our latest analysis here: cbpp.org/newsletter/sig…

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More from @CenterOnBudget

Center on Budget Profile picture
Jan 11, 2021
The jobs report released last week showed that 140,000 jobs were lost in December. The latest #CovidRelief bill doesn't provide enough relief. The larger risk for the nation isn't providing enough economic stimulus & hardship relief.

A thread. cbpp.org/research/econo…
People of color, who have experienced disproportionate hardship in the pandemic & recession, & who historically have waited longest to see the fruits of an economic recovery, are also the most at-risk right now.

cbpp.org/research/econo…
Private & government payrolls combined fell by 140,000 jobs, which is larger in percentage than the deficit in the worst month of the Great Recession (6.3%). Long-term unemployment of 27 weeks+ again rose sharply, & racial disparities in employment outcomes remained wide.
Read 5 tweets
Center on Budget Profile picture
Sep 23, 2020
Thread: today, new data from the Census Pulse show that millions of Americans are still struggling to afford food and rent. This economic crisis is far from over for many, and policymakers need to do more to make sure families can put food on the table. /1 #COVIDRelief
Census data from September 2-14 show that about 10% of all adults reported their household sometimes or often didn’t have enough to eat in the last 7 days, more than twice the share of adults who reported this at any point in 2019 (3.7%). /2
Because of longstanding inequities exacerbated by the pandemic, the shares of Black and Latino adults reporting their households aren’t getting enough to eat are more than DOUBLE the share of white adults reporting this. /3
Read 7 tweets
Center on Budget Profile picture
Sep 23, 2020
.@AvivaAronDine also addresses the real threat that the Affordable Care Act the ACA including Medicaid expansion could disappear altogether, right in the middle of the crisis, because SCOTUS is hearing the Trump administration case against it.
@AvivaAronDine Striking down the law would end protections for people with pre-existing conditions, including the millions of Americans who have just acquired a pre-existing condition because they had #COVID19. #ProtectOurCare
@AvivaAronDine About 20 million people would lose coverage if the law was repealed, while those at the very top would get a tax cut: cbpp.org/research/healt… #ProtectOurCare
Read 4 tweets
Center on Budget Profile picture
Sep 4, 2020
Thread: Today’s #JobsReport shows a labor market that, despite improvements since April, remains devastated by the #COVID19 recession. #JobsDay

Here are six signs showing why.
cbpp.org/blog/6-signs-t… ImageImageImageImage
1. The jobs “hole” that opened in March & April remains huge.

Private payroll employment remains 10.7 million jobs below its February level & state & local government payrolls remain 1.1 million jobs below.

cbpp.org/blog/6-signs-t… Image
2. State & local job losses, many in education, remain large due to budget cuts.

In April alone, more state & local workers were furloughed or laid off than in the Great Recession of a decade ago & its aftermath. #JobsDay Image
Read 8 tweets
Center on Budget Profile picture
Aug 28, 2020
Thread: Yesterday’s announcements by the Federal Housing Administration (FHA) & Federal Housing Finance Agency (FHFA) might be welcome news for some homeowners, but it changes little for renters.

Here’s why 👇👇
These actions stop renter evictions only for the very small share of renters that may be living in single-family homes owned by Fannie Mae or Freddie Mac as a result of foreclosure.
Millions of other renters are behind on rent, & 8 million kids live in these homes. There is only one way to provide them with real help: a robust, bipartisan, #COVIDRelief bill that provides rental assistance & protects people from eviction.

cbpp.org/research/pover…
Read 4 tweets
Center on Budget Profile picture
Aug 21, 2020
Thread: HUD is reportedly preparing to extend a moratorium that protects some homeowners (those with Federal #Housing Admin. mortgages) from foreclosures through the end of the year.

Here's why that's not nearly enough to address the ongoing crisis.

politico.com/news/2020/08/1…
This limited relief appears to do little or nothing to protect the large number of renters struggling to keep a roof over their heads. That’s because the measure only applies to mortgage lenders who have no say in evictions outside of very limited (& infrequent) situations.
This comes as 21% of all renters were behind on their rent in July with Black & Hispanic renters facing substantially higher housing hardships than white renters. Image
Read 6 tweets

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