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The USD has inflated 36% since 2015. So the 2023 budget was already an effective budget cut from 2015 of almost $100 billion (10%). So we're effectively cuttin
by Tadpole9181 1y ago
The USD has inflated 36% since 2015. So the 2023 budget was already an effective budget cut from 2015 of almost $100 billion (10%).
So we're effectively cutting the program budget by 25% what it was in Obama's last year - and that's after kneecapping it several times legislatively WRT things like the individual mandate and before going into the rapidly rising inflation we're seeing this year leading into that decade.
- rayiner 1y agoAs I said, the 2015 figure I gave was already adjusted for inflation. The medicaid spending was only $495 billion in nominal dollars in 2015.