Trump proposes cutting entitlements by $1.7 trillion -- enough to pay for $1.5 trillion in tax cuts: report

Trump proposes cutting entitlements by $1.7 trillion -- enough to pay for $1.5 trillion in tax cuts: report: President Donald Trump’s White House has reportedly proposed cutting $1.7 trillion from entitlement programs in the federal budget. The move comes after Republicans passed a tax cut law that is expected to strip $1.5 billion from federal coffers. Bloomberg editor Alex Wayne reported on Monday that his publication had received confirmation that “Trump’s fiscal 2019 budget proposes $1.7 trillion in entitlement cuts over a decade.” Wayne noted that $237 billion in Medicare cuts are included …