Rep. Wilson Issues Statement on White House Budget Proposal - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
May 24, 2017 Newswires
Share
Share
Post
Email

Rep. Wilson Issues Statement on White House Budget Proposal

Targeted News Service

WASHINGTON, May 23 -- Rep. Frederica Wilson, D-Fla., issued the following statement in response to the White House budget proposal:

"The Trump budget is an all-out assault on the poor. Once again, the administration has prioritized the needs of the rich over the poor.

"The budget double-downs on Medicaid with a $610 billion cut on top of the cuts made in the Republicans' health care bill. It literally takes food out of the mouths of babes by cutting $190 billion from SNAP over a ten-year period.

"To ensure that the poor stay poor, the president's budget cuts student loan, financial aid and repayment programs, which will make it more costly, if not impossible, for millions of kids to go to college. It also would make it more difficult for them to even get into college because of a $9 billion cut to our nation's pre-K-12 public schools, which would once again hurt the school districts that can least afford it.

"Trump's budget proposal puts our lives at risk by cutting almost one-fifth of the National Institutes of Health's budget--jeopardizing the research and development of life-saving cures and treatments.

"The budget cuts 30 percent from the Environmental Protection Agency. Who will that hurt most? Poor people, like the families in Flint.

"Businesses and the nation's wealthiest are the only ones who would benefit from this Robin Hood in Reverse proposal, which takes from the poor to give to the rich.

"It also is yet another example of how little the administration understands about the U.S. government and its own party. Top economists have said that many of the projections are not based on reality. It is so draconian that even Republicans are stunned and some have pronounced it dead on arrival.

"Why Mr. Trump's advisers would waste time concocting this budget is simply mind-bending. This is not a reality show on which the administration can do whatever it wants without consequences. This is real life and this budget would have catastrophic consequences."

Older

Rep. Velazquez Issues Statement of President Trump’s FY2018 Budget

Newer

China Life To Buy 48 Commercial Properties In U.S.

Advisor News

  • Benefit Costs Squeeze Schools, Driving Cuts, Tax Hikes And Difficult Tradeoffs
  • Why client insurance needs could change even if their life doesn’t
  • Most Gen Z investors think less than a year ahead when making financial decisions
  • IRI pitches retirement agenda to Jeffries as democrats shape affordability platform
  • Help child-free clients plan for their later years
More Advisor News

Annuity News

  • Guidance, bulletin or reg? NAIC debates form of annuity illustration update
  • Nationwide adds mutual fund-linked strategy to New Heights Select FIA
  • NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
  • NAIC working group pressed to accelerate annuity illustration overhaul
  • State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
More Annuity News

Health/Employee Benefits News

  • Candidates differ on Medicaid future
  • Hospitals could lose billions with policy change
  • State reverses one-third of health insurer decisions
  • ATTORNEY GENERAL TONG STATEMENT ON HEALTH INSURANCE RATE HIKES
  • GOP candidates turn up the volume on lower health insurance costs
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • State reverses one-third of health insurer decisions
  • AM Best Revises Outlooks to Negative for Kemper Corporation, Its Affiliates and Subsidiaries
  • WARREN PROBES RISE OF PRIVATE INVESTMENT FIRMS IN INSURANCE SECTOR FOLLOWING MARK WALTER SCANDAL
  • AM Best Affirms Credit Ratings of Erie Insurance Group’s Members and Erie Family Life Insurance Company
  • MIB reports double-digit life insurance app activity in record August
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.