Defence spending up 5 per cent in Donald Trump's 2020 budget plan

Mar 13, 2019, 00:11
Defence spending up 5 per cent in Donald Trump's 2020 budget plan

Reuters first reported the administration's planned request, citing officials familiar with the matter. He said Trump added almost $2 trillion to deficits with the Republican's "tax cuts for the wealthy and large corporations, and now it appears his budget asks the American people to pay the price", the Democrat said.

Vought said "the border situation is deteriorating by the day" with "record numbers of apprehensions".

"We are the only major OECD economy that is significantly adding debt right now in good economic times", said Riedl.

"Dangerous", not serious, a "sham", they said.

In a joint Sunday statement, Senate Minority Leader Chuck Schumer, D-N.Y., and House Speaker Nancy Pelosi, D-Calif., vowed that the president's proposal would be defeated just as his previous funding request was shot down earlier this year following the lengthiest government shutdown in US history. "We hope he learned his lesson".

Trump mainly takes the $2.7 billion he plans to cut from foreign aid, welfare reform, student loans, federal retirement.

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Officials at NASA Glenn Research Center were happier with how they'd fare under Trump's proposed $21 billion budget for the National Aeronautics and Space Administration.

But for budget experts, this is the latest reminder that there is little appetite in the White House or in Congress to bring down the annual deficit, let alone the debt.

At long last, President Trump released his third presidential budget request today, after a month-long delay due to the government shutdown. Eventually, Trump relented and reopened the government.

The border wall remains a signature issue for the president and is poised to stay at the forefront of his agenda, even though Congress has resisted giving him more money for it.

President Donald Trump during an event in the Rose Garden at the White House to declare a national emergency in order to build a wall along the southern border, on February 15, 2019.

The budget would arrive as the Senate readies to vote this week to terminate Trump's national emergency declaration. The budget also proposes policy changes to end sanctuary cities, the administration said. "If nothing is done, interest payments alone on the Federal Government's debt will double by 2023 and exceed spending on the US military by 2024", the budget document asserted. Although less attention has been given to deficits in recent years, shortfalls of this size will place increased strain on future outlays.

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He declared the emergency after Congress approved only $1.375 billion for construction of 55 miles (90 kilometers) of barriers along the border in Texas.

"We are going to confront the national-security crisis on our southern border", he said, announcing the declaration from the White House Rose Garden on February 15. That led Trump to declare a national emergency to bypass Congress and tap funds already allocated for other projects to build the wall.

It was a common refrain for then-candidate Donald Trump during his oftentimes raucous campaign rallies: "Mexico is going to pay for the wall, 100 percent". Mexico is still not paying for it. Reports from administration sources indicate that the president's budget includes $8.6 billion to fund construction of a border wall, in addition to $3.6 billion to repay military construction funds he has attempted to seize to construct a wall. Instead, he has insisted the money come from U.S. taxpayers, arguing that criminals, terrorists, and drugs are flooding into the United States from across the southern border.

"The budget is a statement of values, and once again President Trump has shown how little he values the health and well-being of families across America".

Kudlow tells Fox News Sunday he's confident that economic growth will top 3 percent in 2019 and beyond. "I think it's essential". The Trump budget takes full advantage, more than doubling funding for this Pentagon slush fund, to $165 billion, up from $81 billion enacted a year ago.

Medicaid is a health-care program for low-income and disabled Americans, run jointly by states and the federal government. In subsequent years, Democrats and Republicans reached a general zone of compromise in which military spending would be consistently increased in return for comparable increases on key social programs. Some economists, though, say the bump from the tax cuts is waning, and they project slower economic expansion in coming years. It's hard to take the president's calls for belt-tightening seriously when the cuts only apply to some parts of the federal budget.

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Toledo Democratic Rep. Marcy Kaptur called Trump's budget request "cruel and shortsighted", noting that it would also reduce money to the Energy, Education, Agriculture and Interior Departments, as well as the Army Corps of Engineers. Many Democratic leaders have said they will oppose the sweep of the White House's proposed budget cuts, though White House officials have signalled they plan to fight over the budget much harder this year, believing it provides a sharp contrast between Democrats and Republicans heading into the final year of Trump's first term. The programs are popular with older voters.

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