Skip to main content

Five takeaways from Trump’s fiscal 2019 budget proposal | TheHill

posted onFebruary 13, 2018
>

Article snippet: MORE rolled out a $4.4 trillion budget on Monday that provides a window into the administration’s priorities for the coming year. The administration is using the budget to advance its goals of strengthening the military, improving infrastructure and constructing a border wall. The budget also takes aim at government programs the White House sees as wasteful. The budget is unlikely to become law, but some of the administration’s proposals are likely to be part of discussions on Capitol Hill, with administration officials testifying before Congress on the document this week. Mulvaney said that the administration has two main messages with the budget. The first is that Congress doesn’t have to spend all the money it is allowed under the new spending caps, but if it does the White House has recommendations for how to spend the money. The second message, Mulvaney said, is that “we do not have to have trillion-dollar deficits forever.” Here are five takeaways from Trump’s budget request.The budget doesn’t balance Republicans frequently express concerns about debt and deficits, and have offered proposals in the past to balance the federal budget. But Trump’s budget doesn’t reach that goal. The budget includes proposals designed to reduce deficits by $3.6 trillion over 10 years and lower debt levels as a percentage of gross domestic product (GDP). These include changes to Medicare, Medicaid and programs meant to help the poor, such as the Supplemental Nutrition Assistan... Link to the full article to read more

Emotional score for this article