Winners and losers in Trump’s budget proposal
The White House Office of Management and Budget released the president’s inaugural budget, which includes the “skinny budget” released in March. The details reflect President Trump’s priorities and wish list, but experts say Congress is certain to reject much of the package.
Targeting domestic programs
Trump wants to increase military spending over the next 10 years and slash nondefense spending. Typically, those categories of annually appropriated spending have been roughly equal. Separate are entitlement programs, chiefly Medicare, Social Security and Medicaid; of those, only Medicaid is in for cuts.
A surplus by 2027?
Even with deep tax cuts and an increase in defense spending, the White House says annual budget deficits will end in 10 years.
Cuts State Department and USAID by almost a third
Department of Defense sees huge increases
Proposed increases in defense spending next year is two times as much as the cuts proposed for Health and Human Services.
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