skews13
Diamond Member
- Mar 18, 2017
- 9,449
- 11,877
- 2,265
WASHINGTON—President Trump is expected to release a $4.8 trillion budget Monday that charts a path for the start of a potential second term, proposing steep cuts to social-safety-net programs and foreign aid and higher outlays for defense and veterans.
The plan would increase military spending 0.3%, to $740.5 billion for fiscal year 2021, which begins Oct. 1, according to a senior administration official. The proposal would cut nondefense spending by 5%, to $590 billion, below the level Congress and the president agreed to in a two-year budget deal last summer.
WSJ News Exclusive | Trump to Propose $4.8 Trillion Budget With Big Safety-Net Cuts
That sound you hear is Nancy Pelosi laughing her ass off.
The plan would increase military spending 0.3%, to $740.5 billion for fiscal year 2021, which begins Oct. 1, according to a senior administration official. The proposal would cut nondefense spending by 5%, to $590 billion, below the level Congress and the president agreed to in a two-year budget deal last summer.
WSJ News Exclusive | Trump to Propose $4.8 Trillion Budget With Big Safety-Net Cuts
That sound you hear is Nancy Pelosi laughing her ass off.