budget will be balanced by 2035. the accumulation makes up the national debt which the treasury department says stands at 23 1/4 trillion dollars, that s just over $3 trillion more than it was when president trump took office in 2017. the president has promised not to touch social security, medicare, and other safety net programs such as food stamps is medicaid which make up the largest proportion of the federal budget but he wants to cut $130 billion from medicare through changes in prescription drug pricing. $292 billion from food stamps and medicaid through work requirements for recipients and $70 billion from tightening eligibility access to disability benefits. now, the institute on taxation and economic policy estimates that the richest 5% of taxpayers will receive $145 billion in benefits from tax cuts in 2020. according to the agriculture department, the total cost of food stamp benefits in 2019 was