House Republicans Propose $4.5 Trillion Budget Cuts, Raising Debt Limit

House Republicans have introduced a budget resolution that proposes substantial spending cuts aimed at Medicaid and food stamps, raising concerns among advocates for these crucial safety net programs. The budget, which aligns with President Trump's priorities, seeks to identify savings of at least $880 billion from Medicaid and $230 billion from food stamps over the next decade. Critics, including Democratic lawmakers and hospital industry groups, argue that these cuts would primarily benefit the wealthy while harming low-income individuals reliant on these programs. The resolution also calls for a $4 trillion increase in the debt limit and seeks to extend tax cuts from 2017, putting the GOP budget at odds with a slimmer Senate version. House Speaker Mike Johnson emphasized that the resolution reflects a commitment to enacting the full agenda of President Trump, despite ongoing debates about the proposed cuts. Democrats have labeled the budget a “betrayal of the middle class,” warning it could significantly impact millions relying on Medicaid and SNAP benefits.