Trump Administration Interested in Extending New START Treaty - Undersecretary

BP_Donald

BP_Donald

"We hope he learned his lesson", the duo said. The budget calls for Congress to approve up to $50 billion over 10 years in tax credits for donations to "scholarship programs for families of elementary and secondary students who are seeking state-defined public or private education options"-similar to some state-level school choice scholarship programs".

President Donald Trump will propose a USA budget that wouldn't balance for 15 years, even assuming stronger economic growth than private forecasters expect and with deep domestic spending cuts that have little chance of passing Congress. I think the president has made that case effectively.

The budget also reiterates several previously outlined Trump administration drug-pricing priorities, including a proposal to allow some state Medicaid programs to craft their own more limited drug formularies and negotiate prices directly with manufacturers. The $4.7 trillion funding plan cuts foreign aid and DC spending, and gives a boost to the military and border security, as well as to countering Russia's "influence".

Like past presidential budget proposals, Trump's spending plan was highly unlikely to become law, especially with Democrats in control of the House of Representatives, but it does serve as an early manifesto of the policy priorities he will bring to his 2020 re-election campaign.

The White House plans to rely on this strategy next year, too, to get around budget caps.

As in previous years, Trump's blueprint also calls for $USD200 billion for infrastructure spending, with the Trump administration open to working with Congress to construct a package that could attract bipartisan support.

"I think the idea of having this massive OCO is not one that pretty much anyone takes seriously", he told reporters last week.

The demand, which drew swift criticism from Democrats, is more than six times what Congress allocated for border projects in each of the past two fiscal years, and 6 percent more than Trump has corralled by invoking emergency powers this year. It will require a five percent budget cut on all domestic spending through multiple federal government agencies.

The White House request represents the first marker in what's certain to be another protracted battle between the Trump administration and congressional negotiators - particularly Democrats who hold the majority in the House.

The White House Office of Management and Budget said the president's budget request seeks $2.7 trillion in cuts - "higher than any other administration in history".




In its proposal, the White House is calling for a cut to the overall level of non-defence spending by 5 per cent next year below current federal spending caps, a almost $USD30 billion reduction.

The budget proposal would include another $3.6 billion in military construction to fund projects delayed by the wall.

If approved, the money would be in addition to the $8 billion he has already secured, in part, by declaring a national emergency on the border.

Trump "hurt millions of Americans and caused widespread chaos when he recklessly shut down the government to try to get his expensive and ineffective wall", the joint statement said.

Trump and other Republicans have said the federal budget is full of waste and bloat, and that many federal agencies could still perform their functions with less taxpayer assistance.

"The same thing will repeat itself if he tries this again", they warned. They say the money would be better spent on rebuilding the country.

Also controversial is it would use Pentagon funding for a border wall.

The Democratic-controlled House voted last month by 245-to-182 to nullify Trump's emergency declaration.

The Democratic chairman of the House Budget Committee, Rep. John Yarmuth of Kentucky, called the proposed cuts to essential services "dangerous".

Even with the proposed cuts, the White House proposal would not eliminate the budget deficit until the mid-2030s.

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