Trump proposed a deduction of $ 163 billion to the federal budget
US President Donald Trump on Friday proposed a deduction of $ 163 billion for federal expenditure next year, which will eliminate more than one fifth of non-military expenditure does not include a mandatory allowance program.
The proposed budget will increase defense expenditure by 13% and the security expenditure of the homeland is almost 65% of the 2025 levels enforced. Discretioning non-defense expenses will be deducted by 23% to the lowest level since 2017, the White House Management and Budget Office said in a statement.
The so -called thin budget is an outline of administrative priorities that will give the Republic’s blueprint in the congress to start making expenses.
As Trump’s first budget since the office reclamation, he began to realize his promise to increase expenditure for the armed forces and border security, while cutting federal bureaucracy.
“At this critical time, we need a historic budget – which ended our decline funds, prioritizes Americans, and providing unprecedented support for military security and our homeland,” OMB Director Russ Vought said in his statement.
The federal government currently has a pile of $ 36 trillion debt, and some conservative experts and fiscal budgets are worried that Trump’s tax bill will add it without sufficient expenditure cuts.
Trump encouraged the Republican Congress to be controlled by the 2017 tax deduction which was the main legislative achievement in its first term, which according to non-party fortune tellers could add $ 5 trillion to the state debt.
The annual White Building budget request includes economic estimates and detailed proposals about how much money must be spent by each government institution for fiscal years that began on October 1. Expenditures in the 2024 fiscal year amounted to $ 6.8 trillion, according to the Congress Budget Office.
MPs often make major changes in the White House budget request. But Trump ordered an unusual influence on the congress controlled by this Republican party and might get a lot of what he was looking for.
The Republican Party at the Congress hopes to impose a tax deduction bill on July 4 and work to bridge the internal division of the proposed deduction of federal expenses to pay for it. They may have to take into account the stress that grows in the US economy from the increase in Trump tariffs that experience global trade.
The budget proposal increases Trump’s promise to close or greatly reduce the US Department of Education, said OMB, while maintaining funds for children from low-income families.
“Donald Trump days pretended to be the populis ended,” said Senator as Chuck Schumer, Democrat Senate, in a statement. “His policy did not lack of an all-out attack on hard-working Americans. When he misused health care, cutting education, and venting programs that were relied on by families-he finance tax relief for billionaires and large companies.”
The White House budget called for an additional $ 500 million in discretionary expenditure to increase border security and help Trump’s encouragement for mass deportation, and $ 766 million to get border security technology funds, and funds to maintain 22,000 border patrol agents and rent additional customs and border patrol officers.
Source: Reuters
