Trump Budget will seek funds for border wall, Space Force

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President Donald Trump will be making  a significant request for border wall funds and seeking money to  stand up Space Force as a new branch of the military in the White  House Budget being released next week, an administration official said Friday.

 For the first time, Trump plans to stick with the strict spending  caps imposed years ago, even though lawmakers have largely avoided  them with new Budget deals. That will likely trigger a showdown with  Congress. The official said the president’s plan promises to balance  the budget in 15 years.

 Trump will seek USD 750 billion for defense, a boost for the military,  while cutting non-defense discretionary spending by 5 per cent, said  the official, who was unauthorized to discuss the document ahead  of its release and spoke on condition of anonymity.

 Budgets are mainly seen as blueprints for White House priorities.  But they are often panned on Capitol Hill, where lawmakers craft  the appropriation bills that eventually fund the government, if the  president signs them into law.

 Trump’s Budget for the 2020 fiscal year will increase requests  for some agencies while reducing others to reflect those priorities.  Reductions are proposed, for example, for the Environmental Protection Agency.  The official said Congress has ignored the president’s spending  cuts for too long. The federal budget is bloated with wasteful spending,  the official said, and the administration remains committed to balancing  the budget.

The cuts being requested by the White House would hit discretionary  spending as well as some mandatory safety net programs, which Trump  has proposed in the past.   Many Republicans are often eager to reduce government spending,  but Congress has had trouble passing bills that seriously slash the  safety net programs used by many Americans.

Budgets often rely on various accounting measures to achieve desired results. This one, for example, counts USD 546 billion in defense money as a base, but another USD 174 billion in another account to keep within caps.

And while the budget will suggest it balances in future years, it is also expected to rely on projections for continued economic growth from the tax cuts Trump signed into law in 2017. But there’s no guarantee that would cover the lost tax revenues.

By proposing spending levels that don’t raise the budget caps, the president is courting a debate with Congress. Lawmakers from both parties have routinely agreed to raise spending caps established by a previous deal years ago to fund the government.

 Trump, though, has tried to resist those deals. He threatened to veto the last one reached in 2017 to prevent a shutdown. Late last year, a fight over border wall funds sparked the 35-day shutdown that spilled into this year and became the longest in history. 

Daily Pioneer
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