President Trump goes for broke with $4.4trn budget plan


President Trump goes for broke with $4.4trn budget plan

There is little chance of those cuts becoming real, as presidential budgets are rarely enacted by the U.S. Congress, which controls federal purse strings.

Rep. Barbara Lee, D-Calif., as she assailed Mulvaney over the potential impact of the Trump budget's cuts to social programs, asked the budget chief about Trump's desire to hold a military parade, which she said sounds "very similar to those held in authoritarian countries like in North Korea".

It will also provide "for a robust and rebuilt national defense", he said. The budget slashes $400 million in training programs for nurses and $4.2 billion in grants for low-income Americans.

During a US budget committee meeting on Tuesday, Mulvaney spoke about the 2019 budget, which seeks to increase military spending, fund the border wall, and slash entitlements. In 2019's budget, Mulvaney said the president also wants to get rid of the current pay-raise system for federal employees.

"These are spending caps, these are not spending floors", he said. "They are not spending floors". Even with these cuts, government spending is projected to increase the federal debt by at least $7 trillion by 2027. Members of both parties have voiced objections to its proposals.

"This budget lays out a thoughtful, detailed, and responsible blueprint for achieving our shared agenda", Ryan said in a statement on Monday.

"The president's budget is always a list of pretty good suggestions".

That bipartisan agreement means Congress has already locked in its own spending priorities and that Trump's proposals are unlikely to be taken on.

"The Trump budget introduced today is morally bankrupt and bad economic policy".

In his State of the Union address last month, President Trump promised to "build gleaming new roads, bridges, highways, railways and waterways across our land".

Gaetz suggested cutbacks in mandatory spending programs like welfare would be the best way to save money, and said: "This budget continues too much of Washington's wasteful spending-it does not balance in ten years, and it creates a deficit of over a trillion dollars next year".

The majority of the $50 billion in funding would be block-granted to states, which the Trump administration said would give "states the flexibility to prioritize their communities' needs".

While Trump's first budget, issued in May 2017, projected that it could wipe out the annual red ink by 2027, the new 10-year budget shows unending deficits.

To combat the opioid epidemic, the administration is asking for $3 billion in funding this year and $10 billion next year.

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