Trump administration sending Congress $4.1 trillion budget

The primary driver of savings in Mr. Trump's budget comes from more than $800 billion in cuts to Medicaid, the federal-state health program for the poor, despite a pledge from the president on the campaign trail not to touch the program. Congress will now begin working with the administration to find common ground on budget priorities to provide responsible levels of funding for federal programs, while getting our fiscal house in order. The Trump administration's budget proposal would convert some of the United States' foreign military grants to loans, part of a larger effort to slash spending on diplomacy, aid and programs overseas by more than 29 per cent, the White House said yesterday.

"We need people to go to work", Mulvaney said.

USDA would also see significant cuts to the Supplemental Nutrition Assistance Program (SNAP) - changes that director of the Office of Management and Budget director Mick Mulvaney told reporters Monday that lawmakers would need to make in the next farm bill legislation. Without more than $2 trillion in such "economic feedback" over the coming decade, the budget would never reach balance and would run a deficit of nearly $500 billion.

Though the President has asked for 10,000 new immigration officers and 5,000 new Border Patrol agents, the 2018 budget would only support bringing on 500 new Border Patrol agents and 1,000 new ICE officers.

While the budget proposal for national defense increases spending, it falls short of campaign promises for a "historic " hike in military spending amid plans to rebuild the US Navy.

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So it is with Donald Trump's proposed $4.1 trillion budget for 2018, which was unveiled Tuesday. "The president said, 'No, I'm going to keep my promises.' And I said, 'Well, I'd still like to balance the budget".

Persons with disabilities could lose their heath care, income, food assistance, housing, independent living assistance, and access to programs to help them with their specific disabilities.

West Virginia's Democratic U.S. Sen.

The cuts are part of a budget blueprint for the upcoming fiscal year that begins October 1. The announcement surprised oil markets, and pulled down US crude prices.

-New parents: The budget plan includes a new paid leave program for the parents of newborn children. Over a decade, it calls for hundreds of billions of dollars in cuts to Medicaid, food stamps and disability benefits.

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"(The) State (Department) still has some flexibility to come up with a final plan on that, but I do know that writ large we have proposed to move several countries from a direct grant program to a loan guarantee program", he said.

But it's uncertain whether Trump's budget proposal would remedy that situation, given that calculations are based on sustained growth above 3 percent which many economists believe is an overly optimistic approach.

"There's a certain philosophy wrapped up in the budget, and that is that we are no longer going to measure compassion by the number of programs or the number of people on those programs", he said.

Cuts include a whopping $193 billion from food stamps over the coming decade - a cut of more than 25 percent - implemented by cutting back eligibility and imposing additional work requirements, according to talking points circulated by the White House.

An assumption of 3% economic growth: Part of the assumptions from the team of President Donald Trump in balancing the budget amid massive tax cuts has been a system called dynamic scoring, which factors in an assumption of stronger economic growth for increased payments to the government.

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