While giving the bloated Pentagon "even more than it hoped for" by boosting USA military spending to $750 billion-an increase of $34 billion from last year-President Donald Trump's 2020 budget would cut Medicaid by $1.1 trillion over the next decade.
"The vast majority of the president's deficit reduction comes from the economic assumptions", he said.
Now White House is asking for $5 billion from Customs and Border Protection (CBP) and another $3.6 billion in military construction funds from the Pentagon.
"Even as the Senate is set to vote to reject Trump's declaration of a national emergency at the southern border, the president is proposing an additional $8.6 billion in funding for building a border wall".
The Trump administration proposes to give the Pentagon an increase almost double that sought by the military establishment itself-a 4.7 percent rise over current spending, double the 2.4 percent increase for which Defense Department officials had been planning. And self-proclaimed socialist, Bernie Sanders said it is filled with "cruelty".More news: WR John Brown to sign with Bills on 3-year, $27M deal
Mr. Trump calls it "MAGAnomics", saying he is convinced that Americans, with his leadership, can defy the prognosticators and produce economic growth at an average of about 3 percent each year over the next decade.
The Environmental Protection Agency, the Department of State, the Department of Transportation, and the Department of the Interior will all see large budget cuts. He included many of his other priorities in the budget proposal, such as military and border wall funding. "This is a clear roadmap for a fiscally secured future if Congress chooses to follow it".
It's a budget blueprint that Office of Management and Budget Director Russ Vought called in a Sunday night statement a return to "fiscal sanity".
The proposed $2.7 trillion in cuts represents more spending reductions proposed than by any administration in history.The White House says it aims to ensure clean air and water and chemical safety, while "reducing regulatory burden and eliminating lower-priority activities". You'll get alerts delivered directly to your inbox each time something noteworthy happens in the Military community. "This is threatened by our unsustainable national debt, which has doubled under the previous administration and now stands at more than $22 trillion".
Here are some glaring gimmicks (and big debates) in the proposed budget. Those documents will be released next week, according to a senior administration official.More news: Google Pixel 2 Spotted Running Android Q on Geekbench
NIH's second largest unit, the National Institute of Allergy and Infectious Diseases - headed for the past 35 years by well-known immunologist Anthony Fauci - would see its annual budget drop by more than $750 million, from $5.5 billion to about $4.75 billion, under Trump's proposal.
"Decades after building-out the core of our infrastructure, much of it is in urgent need of fix, expansion, and modernization", reads a fact-sheet released alongside the budget. Money targeted for the wall "would be better spent on rebuilding America", they said. But instead, the deficit has ballooned on his watch as a result of increased spending and the GOP tax cut.
"After adding $2 trillion to the deficit with the GOP tax scam for the rich, President Trump wants to ransack as much as $2 trillion from Medicare and Medicaid", Pelosi said. If every American family contributed $1,000 a month too reduce the debt, it would still take 11 years to erase it, the group says.
However, Trump's concerns on cross border illegal migration have some new data to back up. They will ultimately do a deal with Trump that includes major new cuts in social programs, which do not, however, go as far as the White House proposals, in return for full funding for the USA military-intelligence apparatus, the most reactionary and unsafe force on the planet. But by escalating his demands for a wall to a total of $17 billion, he's setting up another government shutdown fight for this fall. For example, the Agriculture and Food Research Initiative, the U.S. Department of Agriculture's (USDA's) flagship competitive grants program, would get an $85 million increase, or 20%, to $500 million.More news: 49ers dealing for Beckham 'still possible'