Donald Trump's budget, spending cuts are 'moral,' Mulvaney says

Posted May 25, 2017

President Trump's first budget proposal to Congress slashes $3.6 trillion over 10 years in an effort to balance the federal budget.

But if the Trump administration managed to do what previous administrations have been unable to do and closed the tax gap with a one-approach solution, what would that more than $400 billion cover?

That is, it claims that the same $2.06 trillion can be used to both reduce the budget deficit and simultaneously pay for Trump's proposed tax cuts, according to a report by Axios.

That's an honest assessment that takes into account the weakest decade of growth in USA history from 2007 to 2016, even weaker than 1930 to 1939 in the Great Depression.

"Why? Because that's what the president said when he was campaigning, that he would not change those things", he said. "The budget process, if not broken, is not functioning the way that it was designed".

"We're not going to measure success by how much money we spend, but by how many people we help", Mulvaney said of the reduced spending, adding that the White House believes in the "social safety net". Still, it's only about a third of the $9 trillion increase in federal debt - the cumulative total of annual budget deficits - estimated over the same decade.

Mulvaney is the driving force behind the Trump budget plan, winning the president's approval for big cuts to benefit programs whose budgets are essentially on autopilot.

"It's not that easy to get rid of it", Goldwein said.

While he said he backs the broad goals under Trump's budget, he does find disagreement with some aspects. The budget negotiation "goes from conservative to moderate, and that's the way that it should go", Meadows said.

So, anyone who is poor or sick would be hit especially hard by this.

The $39.2 million cut in CDBG is paired with a $30 million cut to housing choice vouchers in Kentucky, Layfield estimated.

The plan, Trump's first as president, combines $4.1 trillion for the upcoming 2018 fiscal year with a promise to bring the budget back into balance in 10 years, relying on aggressive spending cuts, a surge in economic growth - and a $2 trillion-plus accounting gimmick. Trump's budget summary says the program is fully paid for, but includes only $19 billion over the next decade.

Douglas Holtz-Eakin, president of the American Action Forum and former director of the Congressional Budget Office, told the Los Angeles Times the numbers "don't seem to match".

Lowey said she anxious that Kelly didn't fully understand how important that money is to local jurisdictions, including New York City.

Democrats immediately attacked the budget plan and vowed to prevent any part of it from becoming law.

"When you say "cut" are you speaking Washington or regular language?"

"We have borrowed from our children and their future for too long, the devastating consequences of which can not be overstated", it says. Not counting emergency funding, known as Overseas Contingency Operations funding, the Trump budget would cut the State Department and USAID by 29 percent. He promised not to cut Medicare, and initially, Medicaid as well. That is the equivalent of a cost shift from the federal government to states of roughly $116 billion over ten years. And farm-state lawmakers who have jurisdiction over SNAP have generally sought to preserve it, as food stamps help them win urban Democratic votes for the massive farm bill that Congress passes every five years or so.

The budget also makes key investments in explosives detection research and developments to enhance aviation security. For instance, it would easily cover the proposed 2018 Medicaid budget of $408 billion, a good chunk of the proposed $600 billion defense budget, or much of the proposed $582 billion Medicare budget.

". These troops are needed to fill gaps in our combat formations, man essential units previously scheduled for divestment, and provide critical enablers", the budget narrative said.

So if the budget doesn't rebuild the military, what does it do?

He said the spending plan was "simply ludicrous".

"It is now up to the Congress to act", Trump said Tuesday in his budget message available online.