Utah People's Post

The Latest News from the Beehive State

Monday, January 30, 2023
Log in
  • National News
    • Female Caseworker Killed & Doctor Shot in Philadelphia
  • State News
    • Car Chase Leads to Drug Arrest
  • Tech & Science
  • Health
    • How to Prepare For Ticks Season
    • Magical Weight Loss Bean Scam
  • Sports
  • Business
You are here: Home / National News / Paul Ryan Eyeing Major Cut to Entitlement Programs

Paul Ryan Eyeing Major Cut to Entitlement Programs

December 27, 2017 Posted by Amelia Donovan

Food stamps sign in a grocery storeHouse Speaker Paul Ryan plans a major cut to the country’s entitlement programs like Social Security and Medicare to help fix the deficit, but this political goal could be hard to achieve because of the political context next year.

After passing a $1.5 trillion tax cut with the new tax plan bill, Republicans need new ways to help shrink the widening deficit. But less revenue is not necessarily a bad thing as the government can find ways to do more with less money.

After the Great Recession, the U.S. debt jumped to $20 trillions, and now, even after a rebound of the economy, the deficits are expected to hit the $1 trillion mark in 2018.

However, saving more money after such generous tax cuts could take a heavy political toll on Republicans like Ryan as the mid-term elections approach. The same thing happened to Democrats in 2010 after they passed the ACA and the economic stimulus legislation.

Republicans Targeting Entitlement Programs

Ryan envisions tax cuts as ways of boosting economic growth despite of the hits to the federal budget. If the debt is increasing, Republicans will seek more deficit reduction policies.

The central policy is to reduce the size and functions of the U.S. government. Ryan now eyes the so-called entitlement programs which include the Obama-era Medicaid and Medicare. Ryan even announced an “entitlement reform” which will include programs set in place by Democrats in a bid to help the poor, the disabled, and the elderly.

Republicans and Democrats have been historically split when it comes to entitlement programs. In 1935, President Franklin Roosevelt approved the Social Security program to become a law. At the time, Republicans blasted the move for being the “largest tax bill” in the nation’s history and a assault to the working American.
Image Source: Flickr

Share this:

  • Tweet
  • Share on Tumblr
  • Email

Filed Under: National News

mm

About Amelia Donovan

Amelia got her feet wet in the captivating world of journalism while still in college, working as the editor of the university’s newspaper. She minored in Journalism and Mass Communication before receiving a scholarship at a prestigious German university. After receiving her bachelor’s degree, Amelia went on to pursue her biggest passions: journalism and science. She enjoys being up to date with any cutting-edge scientific advancements and her minor in biology allowed Amelia to accurately cover particularly interesting medical topics.

Woman working out at the gym

Just 23% of Americans Are Working Out Enough in Their Spare Time

June 29, 2018 By Amelia Donovan

Poliovirus Therapy Gives Brain Cancer Patients New Hope (Study)

June 29, 2018 By Amelia Donovan

United Airlines airplane

Passenger Mysteriously Dies on United Airlines flight Bound for Boston

June 28, 2018 By Amelia Donovan

Breakfast sandwich

Here Are Some Foods No Nutritionist Would Ever Eat

June 27, 2018 By Amelia Donovan

Poppy flower

UN Warns of Surge in Opium-based Drugs and Cocaine Supply

June 27, 2018 By Amelia Donovan

U.S.-Canada border

French Jogger Detained 2 Weeks for Accidentally Crossing Border

June 26, 2018 By Amelia Donovan

Plus size model

Normalizing Plus Size Could Fuel Obesity Crisis (Study)

June 25, 2018 By Amelia Donovan

Giant manta ray

Unique Manta Ray Nursery Spotted off Texas Coast

June 23, 2018 By Amelia Donovan

The rainbow flag

WHO Scraps Transgenderism from List of Mental Illnesses

June 22, 2018 By Amelia Donovan

456 People Dead at U.K. Hospital after Taking too Many Painkillers

June 21, 2018 By Amelia Donovan

Kenyan girls dancing

Kenyans Facing Poor Nutrition as Supermarket Shopping Is on the Rise

June 20, 2018 By Amelia Donovan

Pages

  • About
  • Contact
  • Privacy Policy GDPR
  • Staff
  • Terms and Conditions

Recent Posts

  • Just 23% of Americans Are Working Out Enough in Their Spare Time
  • Poliovirus Therapy Gives Brain Cancer Patients New Hope (Study)
  • Passenger Mysteriously Dies on United Airlines flight Bound for Boston
  • Here Are Some Foods No Nutritionist Would Ever Eat
  • UN Warns of Surge in Opium-based Drugs and Cocaine Supply
  • French Jogger Detained 2 Weeks for Accidentally Crossing Border
  • Normalizing Plus Size Could Fuel Obesity Crisis (Study)

Related Articles

  • U.S.-Canada border

    French Jogger Detained 2 Weeks for Accidentally Crossing Border

    Jun 26, 2018
  • Billboard on Texas Interstate Kindly Asking Liberals to Leave

    Jun 20, 2018
  • U.S. Border Patrol Agents surveying border

    Border Patrol Busts 51K People Trying to illegally Cross Border

    Jun 7, 2018
  • Alabama 4-Year-Old Is Feeding the Homeless in a Superhero Cape

    May 22, 2018
  • Electronic cigarette in man's hand

    Electronic Cigarette Blows Up in Florida Man’s Face, Killing Him

    May 17, 2018
  • CIA Hacking Tool Leaker Faces Child Porn Charges

    May 16, 2018
  • First Lady Melania Trump

    First Lady Melania Trump Recovering from Serious Surgery

    May 15, 2018
  • Mormon Temple in Utah

    Mormons Break 105-year Alliance with the Boy Scouts

    May 10, 2018
  • House Speaker Paul Ryan

    Paul Ryan Denies Dismissing House Chaplain over Politics

    May 4, 2018
  • Baby feet

    Iowa’s Fetal-Heartbeat Bill About to Ban Nearly All Abortions

    May 3, 2018

Categories

  • Business
  • Entertainment
  • Health
  • National News
  • Nature
  • Provo
  • Salt Lake News
  • Science
  • Sports
  • State News
  • Tech & Science
  • Technology
  • Uncategorized
  • West Jordan
  • West Valley City
  • World

Copyright © 2023 utahpeoplespost.com

About · Privacy Policy · Terms of Use · Site Map · Contact