Facing Huge Deficit, Trump Calls for Cut to CHIP NEW YORK – Faced with looming budget deficits, the Trump administration is looking to cut federal spending by some $15 billion, with almost half coming from the Children's Health Insurance Program (CHIP).
In the past six months, Congress and the White House have enacted tax cuts and spending increases that will raise the federal deficit by more than $1 trillion.
To compensate, the administration announced a package of proposed cuts Monday night that would cut $7 billion from CHIP. ...(Read More)
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