Trump 2020 budget projects big deficits despite spending cuts

BP_Donald

While giving the bloated Pentagon "even more than it hoped for" by boosting USA military spending to $750 billion - anincrease of $34 billionfrom previous year - President Donald Trump's 2020 budget would cut Medicaid by $1.1 trillion over the next decade.

The government shutdown for 35 days beginning in December after Congress and the White House deadlocked on funding for the wall.

Trump's budget proposes increasing defense spending to $750 billion - and building the new Space Force as a military branch - while reducing nondefense accounts by 5 percent.

Kudlow also predicted another budget fight with Congress over spending on a wall along the U.S. -Mexico border, casting it as inevitable: "I suppose there will be".

Trump wants to cut funding for most federal government agencies by $USD2.7 trillion, while boosting defence spending and setting aside $USD8.6 billion for the proposed wall along the US-Mexico border.

The spending plan calls for a cut of almost $1.5 trillion in Medicaid over 10 years and for $1.2 trillion to be added for a new "Market Based Health Care Grant" - that is, the block grants that would start in 2021.

Maryland Democrat Steny Hoyer, a House rep since 1981, said the budget reflected the administration's "separation from reality". The partisan fights surrounding the issue led to a 35-day partial government shutdown - the longest in USA history - that stretched from the end of 2018 and into January.

Given that backdrop, one positive sign is that Mr Trump is proposing additional infrastructure spending but leaving the task of determining its makeup largely to Congress. "We hope he learned his lesson", said the two top Democrats in Congress.

The president's plan, according to the reports, is to pull $5 billion from the Department of Homeland Security budget and another $3.6 billion from the Pentagon's military construction budget.

Work harder, Kim tells hungry North Koreans
Trump and Kim first met in Singapore in June 2018, producing only a North Korean commitment to work towards complete denuclearisation of the Korean peninsula.

Brie Larson on their super-hero role-playing
The Academy Award victor brings out the emotional yet human superhero to life like she's been doing this for years. Many fans have noted that Danvers has still not been referred as by her code name Captain Marvel in the movie.

Pochettino slams "arrogant" Tottenham after loss to Southampton
Spurs were held to a 1-1 draw by Arsenal in the Premier League at Wembley last weekend as they suffered another blip in their top-flight form.

The request would support implementation of a law Trump signed a year ago to give veterans more freedom to see doctors outside the troubled VA system, a major shift aimed at reducing wait times and improving care by steering more patients to the private sector.

Budget documents like the one Trump is releasing on Monday are often seen as just a starting point of negotiation between the White House and Congress.

The strategy to win the spending fight goes as follows: Unlike a year ago, the status quo in any budget stalemate at the beginning of FY 2020 in October should benefit fiscal conservatives.

But Kudlow said Trump "is going to stay with his wall".

President Trump's 2020 budget request out Monday is set to include at least $8.6 billion in new money for border wall construction, as the White House and congressional Democrats gear up for another battle over the issue that helped precipitate the recent five-week government shutdown.

White House economic adviser Larry Kudlow conceded that the new request would likely mean a renewed fight in Congress over wall funding.

The budget arrived as the Senate readies to vote this week to terminate Trump's national emergency declaration.

"The same thing will repeat itself if he tries this again", they said in a joint statement.

Extending the Fast Act must "at a minimum, address the long-term solvency of the Highway Trust Fund in a fiscally responsible manner, focus on nationally and regionally significant projects (emphasising projects on the Interstate Highway System and other nationally strategic freight networks), support emerging technologies and innovation, encourage the revenue mechanisms of the future, and promote more efficient and effective permitting". Lawmakers from both parties oppose the emergency declaration, but Congress appears to lack a veto-proof margin to block Trump. He also said that Mexico would pay for it, though the Mexican government repeatedly has refused to finance the project. It also aims to slash total non-military discretionary spending by 9 percent, but even with those cuts the budget would not balance in 10 years-the window within which presidents typically try to balance their spending plans, even if not realistically.

Related news:

Hot News

isis-killer-beheading-video-story-top Donald Trump says he meant to call Apple CEO 'Tim Apple'
Mar 12, 2019 - 01:14
Mr Trump said his apparent slip-up at a White House roundtable with business leaders last Wednesday (March 6) had been on goal . He accused the " fake news " media of spinning the story to make it look like he'd made a silly slip.

isis-killer-beheading-video-story-top Injured When JFK-Bound Plane Hits Severe Turbulence
Mar 11, 2019 - 13:39
The National Weather Service had issued advisories on Saturday warning pilots of expected turbulence. The plane was carrying more than 300 passengers and crew members. "Then seeing blood all over".

isis-killer-beheading-video-story-top Pakistan Demands ICC Action Against India for Wearing Military Cap
Mar 11, 2019 - 13:36
By wearing the caps, the Indian team has politicised the Gentleman's Game, Dawn quoted the Information Minister as saying. The IPL will have an early start this year keeping the ICC Cricket World Cup in mind.

isis-killer-beheading-video-story-top Process of S-400 Delivery to Turkey Goes Smoothly: Rostec
Mar 11, 2019 - 13:25
But U.S. officials have expressed concerns that the S-400 could be used to gather information on the advanced aircraft. In December, the State Department approved the sale of a $3.5 billion US Patriot missile defense system to Turkey.

isis-killer-beheading-video-story-top Addis Ababa: Ethiopian Airlines flight carrying 149 passengers crashes
Mar 11, 2019 - 13:18
A Lion Air plane of the same model crashed in the sea near Indonesia last October with 189 people on board. Eight Chinese passengers were on board, said Li Liang, spokesperson for the Chinese Embassy to Ethiopia.

isis-killer-beheading-video-story-top [Teams] Arsenal vs Man Utd: Confirmed Line-Ups From The Emirates
Mar 11, 2019 - 13:13
Aubameyang converted the penalty, making up for his missed spot kick at Tottenham Hotspur a week earlier. Keown told the Daily Mail : "Key to this victory was Emery's decision to play two strikers".

isis-killer-beheading-video-story-top Santiago Solari ignoring increasing Jose Mourinho to Real Madrid speculation
Mar 10, 2019 - 01:13
Asked if the players' performances have been worthy of Real Madrid , Solari said: "Most of them have". Manchester United won the match with a score of 2 to 1.

isis-killer-beheading-video-story-top Snow And Strong Winds Set To Batter Country Over The Weekend
Mar 10, 2019 - 01:03
We time the downpours to reach their peak by early afternoon and into the early evening before cutting off sharply after 8 p.m. Some models have the rain going into Sunday morning while others have them ending a little after midnight.

isis-killer-beheading-video-story-top Duke Vs. North Carolina Live Stream
Mar 10, 2019 - 00:59
After the teams shoot-around at Duke Saturday morning, the decision was announced that he will miss the regular-season finale. Zion Williamson , who hasn't played since a sneaker blowout, won't suit up for Duke against North Carolina tonight.

isis-killer-beheading-video-story-top Klopp fumes as Liverpool face Burnley on Sunday before Bayern clash
Mar 10, 2019 - 00:59
I have no idea what he said after the game. "I think it's 19 times now they haven't beaten Liverpool and they were delighted". Liverpool FC played out goalless draws at Manchester United and Everton in two of their last three Premier League games.

isis-killer-beheading-video-story-top Pulwama Attack: Pakistan rebuffs Indian media reports of rejecting dossier
Mar 10, 2019 - 00:54
Pakistan's High Commissioner to India Sohail Mahmood is also scheduled to return to New Delhi today. On February, 28 India handed over a dossier to Pakistan on details regarding Pulwama attack.

isis-killer-beheading-video-story-top India, US seek ‘irreversible’, ‘credible’ actions from Pakistan on terror
Mar 10, 2019 - 00:48
Pakistan has taken some initial steps, like detaining 44 suspected militants, including the brother of JeM's leader Masood Azhar. To a question, he said a Pakistani delegation will visit New Delhi to sort out modalities in connection with Kartarpur Corridor.

isis-killer-beheading-video-story-top Trump partied with founder of massage parlor where Robert Kraft was busted
Mar 09, 2019 - 01:00
Her Facebook profile shows photographs of her not only in the company of President Trump, but also his sons Donald Jr. and Eric. Rick Scott, Sarah Palin and other Republican operators she met at charity events and fundraisers.

isis-killer-beheading-video-story-top R Kelly disrupts Gayle King’s interview with his girlfriends
Mar 09, 2019 - 00:53
Kelly's heated television interview Wednesday wasn't enough, the singer is now facing sexual abuse allegations in Detroit . According to court documents, Kelly owed more than $169,000 in unpaid child support to his former wife as of February 6.

isis-killer-beheading-video-story-top NFL Insider Reveals One Team Still Interested In Antonio Brown
Mar 09, 2019 - 00:48
Other teams in the running include the Oakland Raiders , Washington Redskins , San Francisco 49ers and Tennessee Titans . Brown, who turns 31 in July, has three years left on his current deal, set to pay him approximately $38 million.