Home / Spotlight / The Tax Bill’s Automatic Spending Cuts

The Tax Bill’s Automatic Spending Cuts

With a difference of Social Security, a post bureau and many income-based programs like stagnation advantages and food stamps, many imperative spending programs — those automatically saved on a stability basis, rather than appropriated year by year — are theme to Paygo. In 2018, for example, a law would explain $14 billion in several plantation assist programs; $1.7 billion for Social Services retard grants, that states use to assistance account encourage care, Meals on Wheels and other programs; and $69 million for a Black Lung Disability Trust Fund.

Article source: https://www.nytimes.com/interactive/2017/11/29/upshot/paygo-medicare-cuts-tax-bill.html