White House Budget For 2018: Read The Full Plan


White House Budget For 2018: Read The Full Plan

The Trump administration unveiled a budget for 2018 on Tuesday that seeks to overhaul numerous country's safety-net programs for low-income and struggling Americans. Republican Senator John Cornyn has described the budget as "basically dead on arrival". He promises a new parental leave program championed by his daughter Ivanka, but will fall short on his promises for a massive tax cut. This year's budget debate, Republicans hope, would grease the way for a major overhaul of the loophole-cluttered tax system.

"There's a certain message here and it's from the president of the U.S.to Congress that say, 'look here are my priorities in terms of what I want to spend more and here's the big ticket items, '" Mulvaney said.

The Democrats are particularly focused on tax cuts that would benefit the wealthiest Americans. Sen. He calls it "immoral". But some of Trump's spending proposals are so severe, members of both parties are likely to resist, if only because many of their constituents rely on these programs. "Every other Republican is going to cut, and even if they wouldn't, they don't know what to do because they don't know where the money is".

Mick Mulvaney, Trump's budget office director, said the plan is the first one in a long time to pay attention to taxpayers.

"President Trump's budget is a stark showcase of the president' s broken promises to America's hard-working families", House Democratic Leader Nancy Pelosi said Tuesday in a statement. "But nearly every president's budget proposal that I know of is basically dead on arrival".

Other cuts in Trump's budget include reductions in pension benefits for federal workers, in part by requiring employees to make higher contributions. Trump's budget would cut the latter.

Hal Rogers of Kentucky declared proposed cuts to safety net and environmental proposals "draconian".

Mulvaney said earlier this year that funding EPA programs was a "a waste of your money", but that "core functions of the EPA can be satisfied with this budget".

President Donald Trump is proposing a $4.1 trillion federal budget that targets food stamps and Medicaid. Crippling Medicaid by over $1 trillion in cuts will leave many millions of people without health coverage.

Republicans are under pressure to deliver on promised tax cuts, the cornerstone of the Trump administration's pro-business economic agenda, which would cut the business tax rate to 15 percent and reduce the number of personal tax brackets.

Although it is not expected to survive on Capitol Hill, the proposal puts numbers on Trump's vision of the role of government: a budget with radical cuts to government assistance to lower-income Americans.

On May 22, the Trump administration unveiled its 2018 budget, calling for over $1 trillion in cuts to programs for Americans in poverty and the middle class within the next decade.

The proposed 2018 budget immediately came under attack by Democrats, and even some GOP allies deemed it a non-starter.

During the campaign, Trump attacked the weak economic growth of the Obama years, and pledged that his economic program would boost growth from the lackluster 2 percent rates seen since the recovery began in mid-2009.

$2.6 billion for border security in fiscal 2018, which would include $1.6 billion to build new and replace existing fences and barriers along the U.S. -Mexico border.

As all federal departments and agencies do, the Department of Homeland Security released a corresponding budget document that asks Congress to approve almost $1.6 billion, for fiscal 2018, which begins October 1, for "32 miles of new border wall construction, 28 miles of levee wall along the Rio Grande Valley and 14 miles of new border wall system that will replace existing secondary fence in the San Diego Sector..."

One of the congressional aides said Trump still lacks the support needed.

The proposal projects that this year's federal deficit will rise to $603 billion, up from the actual deficit of $585 billion last year.