Give to the Wealthy...
Rinse, wash, and repeat.
The House yesterday narrowly approved a contentious budget-cutting package that would save nearly $40 billion over five years by imposing substantial changes on programs including Medicaid, welfare, child support and student lending. [...]
Recipients of Medicaid can expect to face higher co-payments and deductibles, especially on expensive prescription drugs and emergency room visits for non-emergency care. More affluent seniors will find it far more difficult to qualify for Medicaid-covered nursing care.
College students could face higher interest rates when their banks get squeezed by the federal government. And some cotton farmers will find support payments nicked.