Thu. Apr 25th, 2024

United States President Donald Trump, in his fiscal 2020 budget, will on Monday ask the US Congress to cut non-defence spending by around 5 per cent while simultaneously boosting spending over the American military, border security and veterans’ healthcare, the White House budget office has informed on Sunday.

According to Reuters news reports, the spending bills typically only need 60 votes in favour to get passed through the 100-member US Senate where president’s fellow Republicans hold 53 seats.

TEx cuts have been among the main priorities for the White House Republicans and the US Congress in some recent years, rather than fiscal restraint. The national debt has been escalated to $22 trillion whole the deficit rant to $900 billion in the fiscal year of 2019.

In a release, the Office of Management and Budget (OMB) said Trump wants to cut off non-defence spending by 5 per cent below caps what the Congress had set for fiscal 2019.

Democratic chairman of the house budget committee, John Yarmuth, said, “President Trump added nearly $2 trillion to our deficits with tax cuts for the wealthy and large corporations, and now it appears his budget asks the American people to pay the price,” adding, “It has no chance in the House.”

Trump’s budget is expected to boost funding for several of his priorities like he will propose a 5 per cent hike for the department of homeland security in order to help pay for his demand of a border wall between US and Mexico.

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