President-elect Donald Trump and his advisers are eyeing major cuts to federal safety net programs like Medicaid and food stamps to balance the cost of their massive tax agenda, The Washington Post reported Monday.
Upon taking office in January, Trump plans to extend a 2017 tax bill he signed during his first term that is due to expire at the end of next year. Extending the bill would add an estimated $4 trillion to the national debt over the next ten years, the Congressional Budget Office estimated. The current debt now sits at $36 trillion.
