U.S. President Donald Trump will be making a significant request for border wall funds and seeking money to stand up Space Force as a new branch of the military in the White House budget being released next week, an administration official said.
For the first time, Trump plans to stick with the strict spending caps imposed years ago, even though lawmakers have largely avoided them with new budget deals. That will likely trigger a showdown with Congress.Trump will seek $750 billion for defence, a boost for the military, while cutting non-defence discretionary spending by 5 per cent below the cap, said the official, who was unauthorized to discuss the document ahead of its release and spoke on condition of anonymity.
Trump's budget for the 2020 fiscal year will increase requests for some agencies while reducing others to reflect those priorities. Reductions are proposed, for example, for the Environmental Protection Agency. The cuts being requested by the White House would hit discretionary spending as well as some mandatory safety net programs, which Trump has proposed in the past. Many Republicans are often eager to reduce government spending, but Congress has had trouble passing bills that seriously slash the safety net programs used by many Americans.
And while the budget will suggest it balances in future years, it is also expected to rely on projections for continued economic growth from the tax cuts Trump signed into law in 2017. But there's no guarantee that would cover the lost tax revenues.
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