President Trump on Monday rolled out a White House budget that includes deep cuts to some federal agencies, an increase in funding for the Pentagon and $18 billion for a wall on the Mexican border.
It includes proposals to cut deficits by more than $3 trillion over a decade and lower debt levels as a percentage of the gross domestic product, but does not balance by doing away with annual deficits.
It also includes funding for Trump’s long-awaited infrastructure plan, which was put off in the president’s first year in office for efforts to repeal ObamaCare and pass tax cuts. It seeks $200 billion in government funds to stimulate $1.5 trillion in infrastructure investments.
Like other presidential budgets, Trump’s blueprint will almost certainly not become law. But it still highlights the White House’s priorities in an election year that looks to be dominated by debates about infrastructure, immigration and the nation’s economic health.
Office of Management and Budget Director (OMB) Mick Mulvaney and Cabinet secretaries will be fanning out on Capitol Hill this week to testify on the budget and defend Trump’s proposals.
Many federal agencies — including the State Department, the Environmental Protection Agency and the Interior Department — would see budget cuts compared to the fiscal 2017 enacted level. Some agencies and programs — such as the Corporation for Public Broadcasting, the National Endowment for the Arts, the TIGER grant program for infrastructure projects and the Community Development Block Grant program — would be eliminated.
But other areas, such as the Defense and Veterans Affairs departments, would see budget increases.
The budget also proposes reforms to welfare programs and Medicare as part of the administration’s effort to reduce deficits. And it calls for repealing ObamaCare and replacing it with legislation modeled after a bill from Republican Sens. Lindsey Graham (S.C.) and Bill Cassidy (La.) that proposed converting funding for ObamaCare’s subsidies to block grants for states.