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3/9/19

USA - Voodoo Economics: Trump budget to propose slashing domestic Spending and boosting defense - by Damien Paletta Erica Werner

President Trump on Monday will propose major spending cuts across a range of domestic government programs while seeking a large increase for the Pentagon, a budget plan that’s already encountering withering opposition from Democrats who control the House, as well as some Republicans.

The budget has little chance of becoming law because of bipartisan resistance to many of its elements, but it sets forth the White House’s vision ahead of what is expected to be a fierce battle over government spending later this year.

Even with deep spending cuts, the president’s plan would not balance the budget until the mid-2030s, two people briefed on the plan said, falling short of the 10-year time frame that Republicans have sought for years. The people spoke on the condition of anonymity to discuss the plan ahead of its public release..

Read more: Trump budget to propose slashing domestic spending, boosting defense

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