Trump’s record $4.7 trillion budget relies on strong growth
- Author: Rogelio Becker Mar 12, 2019,
Mar 12, 2019, 0:43
They said money "would be better spent on rebuilding America".
Last year, Trump called for cutting the Department of State's budget by 29 percent and the EPA's by 25 percent, but Congress instead agreed to a bipartisan budget plan that boosted domestic discretionary spending across the board (while also providing an increase for the Pentagon).
"I suppose there will be", he told "Fox News Sunday".
"It gives the president the ability to say he has fulfilled his commitment to gain operational control of the southwest border", an administration official, speaking on condition of anonymity, said of the budget request.
The White House's fiscal year 2020 budget proposes a five percent increase in defense, taking military spending up to $750 billion, up from $716 in the current fiscal year.
While his Democratic rivals for the White House next year ramp up their attacks on his policy agenda, Democrats in Congress are planning to challenge him in the coming months on his budget plan.
Kudlow said daily negotiations between USA and Chinese officials have been progressing following face-to-face talks in Washington roughly two weeks ago, after which Trump extended a March 1 deadline for increasing US tariffs on $200 billion in Chinese goods.
"I'm not going to score it just yet", Kudlow said. "I think it's exactly the right prescription", he said.
Non-defence spending was held below those caps, thanks to steep proposed funding cuts to the State Department (23 percent) and Environmental Protection Agency (31 percent), among others.
The government shutdown for 35 days beginning in December after Congress and the White House deadlocked on funding for the wall.
In a budget that will likely face much opposition from House Democrats, Trump apparently plans to use infrastructure spending as negotiating leverage.
Even with the cuts, which the White House said would add up to $2.7 trillion in savings over a decade, the budget office said the Trump plan would not balance until 2034, exceeding the traditional 10-year outlook.
The proposal came within President Trump's draft budget proposal - a document that also calls for a roughly $5.5 billion funding cut for the National Institutes of Health, despite the recent announcement of research and public health initiatives to end new HIV transmissions by 2030 and develop new treatments for childhood cancer.
"President Trump hurt millions of Americans and caused widespread chaos when he recklessly shut down the government to try to get his expensive and ineffective wall", they said in a joint statement on Sunday. The same thing will repeat itself if he tries this again.
Kudlow predicted that US economic growth can continue at 3 percent in 2019 and beyond, even as many private economists look for a slowdown this year as the impact of the 2017 Republican tax cuts wears off.
"President Trump's budget once again lays out an irresponsible and cynical vision for our country, without any regard for its human cost", Kentucky Democrat John Yarmuth, chairman of the House Budget Committee, said in a statement.
The increasingly ambitious cuts to Medicare in the White House budget reflect the administration's narrowing budget math, as the federal deficit has continued to balloon under its watch.
The request would more than double the $8.1 billion already potentially available to the president after he declared a national emergency at the border in order to circumvent Congress once lawmakers refused his funding demands. It would cut another $207 billion by making changes to student loan programs over 10 years and an additional $200 billion by changing federal retirement programs and making major changes to the US Postal Service.
The House voted February 26 to block the emergency declaration, and enough Republicans have said they'll also vote against it for it to pass in the Senate.
Last year's White House budget - an annual exercise that usually is more wish list than actual harbinger - also endorsed the Medicaid block grant idea, assuming it would be part of an ACA repeal.