House Republicans unveiled a budget blueprint proposing trillions in spending cuts over 10 years, targeting steep reductions to Medicaid and food assistance programs. The plan seeks $2 trillion in Medicaid cuts and $800 billion from SNAP. It also calls for establishing a commission to propose changes to Social Security and Medicare. Democrats criticized the proposal as pushing “cruel cuts” that will hurt access to healthcare and raise costs for many. If enacted, the budget would slash nearly $5 trillion from discretionary spending and $9 trillion from mandatory programs over a decade. However, the proposal is unlikely to become law given Democratic control of the Senate. The resolution indicates Republicans remain committed to large cuts across many public services and low-income programs.

  • Neuromancer@lemm.ee
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    1 year ago

    And? We only have the largest gdp and a professional army.

    GDP is the standard used.

    Look at Ukraine and you will see the money has been well spent. A small country has been able to fight off a previous super power for over a year.

    That’s only with a 3% spend. So I fully support the military as it also paid for my education.

    • Poggervania@kbin.social
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      1 year ago

      GDP isn’t the end-all be-all for economic performance. Consider that real estate also contributes to GDP, and we have been getting some fucking expensive housing in recent years. It doesn’t equate to more money, so it’s effectively padding our GDP. All GDP does is give a rough estimation of how much a country is valued at best, and at worst it’s a padding game to show who has the biggest number.

      If you want a good indicator for how well a country is doing economically, CPI is a better start than GDP - which, by the way, China is fucking decimating the US in that regard. Their reported CPI is around 100 points while the US is at around 300 points. You generally want lower CPI as it indicates inflation if it’s super high like the US.

      • Neuromancer@lemm.ee
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        1 year ago

        Compare it to Russia and its small

        Russia is 28 times the size of Ukraine.

        Ukraine has 42 million people. Russia has 142 million people.

        These are not minor differences.

        • NattyNatty2x4@beehaw.org
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          1 year ago

          Compare Russia to Africa and it’s small. One thing being larger doesn’t make another thing small, just smaller

          • Neuromancer@lemm.ee
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            1 year ago

            I have no clue what point you’re trying to make. Russia isn’t at war with Africa. Russia is at war with Ukraine. It’s about 3 times larger than Ukraine.

            Yet, you talk about Africa as if it’s relevant or even a coherent statement.

      • SokathHisEyesOpen@lemmy.ml
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        1 year ago

        It most certainly is. Nobody’s talking about geography when they say it’s a small country. They’re 8th in Europe in population and 26th in GDP. That’s small when repelling a Russian invasion.