Trump to ask Congress $1.5bn for border wall

Violet Powell
March 16, 2017

In Trump's case, he clearly designates winners and losers affecting the entire American economy.

Senate Majority Leader Mitch McConnell has said a budget that cuts State Department funds by one-third is unlikely to pass in his chamber.

The budget proposal includes the $54 billion boost for the military to finance combat operations overseas.

The cuts to the State Department budget have spurred critics who say it's another example of the diplomatic agency being sidelined in a Trump administration. Trump's initial budget is not expected to address the biggest drivers of the deficit: entitlement programs such as Social Security. At the same time he plans to increase the money available to the USA military at the tune of 10 percent - a drastic step given that fact that the State Department budget pales in comparison to that of the Pentagon. The Associated Press reported last week that HUD could face as much as $6 billion in cuts.

The defense increases are matched by cuts to other programs so as to not increase the $488 billion federal deficit. With Reagan unable to balance the budget, the USA national debt increased from $907 billion in 1980 to $2.6 trillion in 1988. Call your senators and rep to tell them you don't support the Trump budget. Those same undercurrents are also likely to block Trump's more far-reaching proposals.

The share of world military expenditure of the 15 states with the highest expenditure in 2015. "And, when we get to the ... full budget in May, you'll start to see some projections out throughout the 10-year window".

S.Korea finmin: No firm evidence of China retaliation in missile spat
The newly elected government in Seoul might follow a different course of ties with Japan, unlike those followed by President Park. Already, six sets of crippling United Nations sanctions have been slapped on Pyongyang since its first nuclear test in 2006.

More moderate Republicans are less enthusiastic and worry Trump's budget could force lawmakers to choose between opposing the president or backing reductions in popular programs such as aid for disabled children and hot meals for the elderly.

The government ran a $587 billion deficit past year - and now President Donald Trump promises to do a lot more with less. For the 2018 part of the blueprint, Mr. Trump requests $2.6 billion for the wall. The Treasury Department's financing will be cut 5pc, and the Commerce, Education and Transportation Departments will also receive 10-15pc less money than in 2016.

Budget function refers to any of 21 official, long-standing "budget functional categories" that group individual programs by their main objective, regardless of which agency administers them and whether they are entitlements or are funded via annual, discretionary appropriations.

Congress must still debate and approve the White House spending plan. According to 21st century economists, the arts are a valuable commodity for USA consumers, as well as a strong contributor to America's economic vitality. But Trump has proposed boosting the project's funds, particularly for technology needed to gather the data. The plan would cut $5.8 billion from the almost $32 billion National Institutes of Health, the nation's premier medical research agency, bringing its total to $25.9 billion. Funding is typically used as the measure of discretionary programs. The final version of the new budget might be less radical in terms of spending cuts, as congressional Republicans will have their word and edits. But there would also be sharp reductions in United Nations peacekeeping activities and climate change programs.

Overall, about 74 percent of the EPA's annual budget provides grants to tribes, states, and government contractors for clean-up and preparedness efforts. The entire budget will be presented in May. The president has requested $9.3 billion, just a fraction more than this year's spending level.

The new budget will also include major federal employee layoffs as job-creation must be in the competitive private sector, rather than government agencies, according to Trump.

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