Trump vs. the poor

In order to pay for tax cuts for the wealthy in his tax reform package, Trump's 2018 budget proposes a $193 billion cut in Snap benefits (food stamps), a $473 billion cut in Medicare, and a $1 trillion cut to Medicaid.

"In the United States, the 400 richest individuals now own more wealth than the bottom 64 percent of the population and the three richest own more wealth than the bottom 50 percent, while pervasive poverty means one in five households have zero or negative net worth.

Excluding the value of the family car, 19 percent of US households have zero or negative net worth," a report by the Institute of Policy Studies notes. "Looking at this trend through the lens of race reveals that 30 percent of black households and 27 percent of Latino households have zero or negative wealth."