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Thread: The Trump Budget

  1. #16
    Gold level Subscriber kmoney's Avatar
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    Quote Originally Posted by WizardofOz View Post
    Trump's budget to slash foreign aid and green-energy funding

    Spoiler
    President Trump plans to unveil a “skinny budget” outline today that calls for a major boost in spending on defense and border security, while slashing funds spent on foreign aid, environmental protection, public housing, arts and humanities and programs Trump feels are a poor use of taxpayer money.

    Mick Mulvaney, director of the Office of Management and Budget, described Trump’s budget priorities to reporters on Wednesday, with the White House scheduled to release more details Thursday morning.

    “This is the America-first budget,” Mulvaney said. “We wrote it using the president’s own words.”

    The “skinny budget” is typically sent to Congress by first-year presidents who haven’t had the time or staff to develop a full budget request, which the White House normally delivers to Congress by early February. Trump’s skinny budget outlines spending priorities for fiscal year 2018, which will start Oct. 1. Most provisions would have to be approved by Congress, with legislation involving cutbacks likely to be highly contentious. The White House should deliver a fuller budget request for FY2018 by May.

    Trump has already said he wants to increase defense spending by $54 billion per year, funded by a like amount of cutbacks in other agencies, so there’s no net addition to the 2018 deficit, which is forecast to be nearly $500 billion. The additional defense spending would be a 10% hike for the Pentagon. Trump also wants to boost spending on border security by about 6% in 2018. In addition to requests for 2018, Trump also wants to ask for some additional funding in the current fiscal year, including $30 billion for defense and $1.5 billion to get started on the border wall Trump promised while campaigning.

    [Related: Test Trump’s budget using our “aircraft-carrier index”]

    The biggest cutbacks would come from the State Department, which administers most foreign aid doled out by the Untied States. The State Department budget, including the Agency for International Development, is about $50 billion per year. Trump wants to cut that by 28%, which would be roughly $14 billion. “This is a hard power budget,” Mulvaney told reporters. “It is not a soft power budget. This president wants to send the message to allies that this is a strong power administration.”

    The Environmental Protection Agency is slated for a 25% cut in its $8 billion budget, or $2 billion. “You can expect reductions in parts of the EPA that don’t line up with the president’s views on things like global warming and alternative energies,” Mulvaney said.

    Another agency slated for cuts that could reach into the billions is the Department of Housing and Urban Development, where Trump feels there are “wasteful and duplicative programs, and programs that don’t work,” according to Mulvaney.

    Trump has indicated he might eliminate federal funding for arts and humanities, which his budget blueprint seems likely to follow through on. Mulvaney said Trump wants to end funding for the Corporation for Public Broadcasting, which helps fund public TV and radio stations and will receive about $450 million from Washington this year. It’s not yet clear whether Trump would kill funding for other cultural programs, such as the National Endowment for the Arts.

    The Trump cuts would come entirely from the “discretionary” portion of the federal budget, which includes things Congress must fund on a year-to-year basis. That excludes so-called entitlement programs such as Medicare, Medicaid and Social Security, which pay out money to beneficiaries automatically, without the need for regular appropriations by Congress. Trump’s budget doesn’t touch any of those programs, although the Republican health-reform bill drawn up by House Speaker Paul Ryan—which Trump supports—would sharply cut Medicaid payments during the next decade.

    The skinny budget excludes other big Trump priorities, such as tax reform and a plan to boost infrastructure spending. Those plans are coming later, although Mulvaney did say the skinny budget will include some cuts to infrastructure programs sprinkled throughout various agency budgets, “because we believe those programs to be less efficient than the package we’re working on for later this year.”

    Key legislators, including some Republicans, have already shot down some of the spending cuts Trump is pushing. Republican Sen. Lindsay Graham said any plan to slash foreign aid would be “dead on arrival,” for instance, and even Sen. Majority Leader Mitch McConnell said such a bill probably wouldn’t pass. But boosting defense spending without corresponding cuts elsewhere would rouse Republican budget hawks who insist Trump’s budget must not add to the national debt. The skinny budget is likely to get a lashing by the time 2018 finally arrives

    https://www.yahoo.com/finance/news/t...040132503.html


    Should be one heck of a fight
    It sounds like Trump wants to cut everything except military and border funding.

  2. #17
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    Quote Originally Posted by ;4947845
    The graph shows a continual increase in percentage

    Bush brought the debt to 5.8 trillion, and Obama another 7.5 trillion.

    The little bump on the graph where Obama is just makes it look like he was any other President balancing the books.

    Because your graph is purposefully misleading, no doubt made by a liberal just to make people see something different than reality
    In 2009, Obama inherited an economic "meltdown" despite the fact that Republicans had been in control of the White House, the Supreme Court and the House and Senate for substantial periods during the GWB Administration.

    Fast forward 8 years and the Republicans have inherited a nation no longer mired in Afghanistan and Iraq War, lower levels of unemployment and the Dow reaching record levels.

    Obviously "Crucible" has based his tirade on "alternate facts," because in this world, the "real facts" indicate that the Democrats have been much better custodians of the economy - including remedying disasters not of their own making!

  3. #18
    Silver Member patrick jane's Avatar
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    Quote Originally Posted by jgarden View Post
    "real facts" indicate that the Democrats have been much better custodians of the economy - including remedying disasters not of their own making!
    Real facts are, that the demoncrats doubled the debt from 10 to 20 trillion, left the Middle East in chaos and left us with failing Obamacare. Obama is a crook
    1 Corinthians 15:1-2 KJV - 1 Corinthians 15:3-4 KJV -


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    Colossians 1:25-26 KJV 27, 28, 29 - Ephesians 1:7 KJV - Ephesians 1:12-13, 14 -



  4. #19
    Silver Member patrick jane's Avatar
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    Quote Originally Posted by kmoney View Post
    It sounds like Trump wants to cut everything except military and border funding.
    1 Corinthians 15:1-2 KJV - 1 Corinthians 15:3-4 KJV -


    Colossians 1:13-14 KJV - Colossians 1:15-16 KJV - Colossians 1:17-18 KJV -

    Colossians 1:19-20 KJV - Colossians 1:21-22 KJV - Colossians 1:23 KJV -

    Colossians 1:25-26 KJV 27, 28, 29 - Ephesians 1:7 KJV - Ephesians 1:12-13, 14 -



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    Quote Originally Posted by patrick jane View Post
    Real facts are, that the demoncrats doubled the debt from 10 to 20 trillion, left the Middle East in chaos and left us with failing Obamacare. Obama is a crook
    It must have slipped "patrick jane's" memory that Obama inherited the greatest economic depression since 1929," much far more chaos in the Middle East and over 50 million without medical insurance.

    Trump would have us believe that all of America's problems can be solved by the military, a wall and abandoning millions of vulnerable citizens back to the "tender mercies" of the private sector!

  6. #21
    Silver Member patrick jane's Avatar
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    Quote Originally Posted by jgarden View Post
    millions of vulnerable citizens to the "tender mercies" of the private sector!
    That's Libertarian
    1 Corinthians 15:1-2 KJV - 1 Corinthians 15:3-4 KJV -


    Colossians 1:13-14 KJV - Colossians 1:15-16 KJV - Colossians 1:17-18 KJV -

    Colossians 1:19-20 KJV - Colossians 1:21-22 KJV - Colossians 1:23 KJV -

    Colossians 1:25-26 KJV 27, 28, 29 - Ephesians 1:7 KJV - Ephesians 1:12-13, 14 -



  7. #22
    Silver Member patrick jane's Avatar
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    tender mercies
    1 Corinthians 15:1-2 KJV - 1 Corinthians 15:3-4 KJV -


    Colossians 1:13-14 KJV - Colossians 1:15-16 KJV - Colossians 1:17-18 KJV -

    Colossians 1:19-20 KJV - Colossians 1:21-22 KJV - Colossians 1:23 KJV -

    Colossians 1:25-26 KJV 27, 28, 29 - Ephesians 1:7 KJV - Ephesians 1:12-13, 14 -



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    Quote Originally Posted by patrick jane View Post
    That's Libertarian
    Presumably "patrick jane" would have us believe that the take-away message from Christ's "Parable of the Good Samaritan" would be that instead of demonstrating compassion, we should defer to "libertarian" principles by abandoning our less fortunate "neighbours" to the mercies of the private marketplace - how very "Christian" of us!

  9. #24
    Over 4000 post club rexlunae's Avatar
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    Only two presidents have decreased the deficit in the past 60 years: Bill Clinton, and Barrack Obama. Every other President, of both parties, has increased it. Democrats are the real deficit hawks.

    Trump isn't going to change that.
    Global warming denialists are like gravity denialists piloting a helicopter, determined to prove a point. We may not have time to actually persuade them of their mistake.

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    Quote Originally Posted by patrick jane View Post
    Real facts are, that the demoncrats doubled the debt from 10 to 20 trillion, left the Middle East in chaos and left us with failing Obamacare. Obama is a crook
    We, as conservative intellectuals, should not be in the business of making excuses for bad parliamentary decisions by Republican leaders in Congress.
    -David Frum


    https://www.brainyquote.com/quotes/q...t_conservative

  11. #26
    Over 3000 post club WizardofOz's Avatar
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    Trump Budget Makes It Official: You’re Paying For The Wall, Not Mexico

    Spoiler
    One of the central themes of Donald Trump’s presidential campaign was to not only build a border wall, but to make Mexico pay for it. The claim didn’t just become an applause line for Trump on the campaign trail, it was a call-and-response rallying cry.

    But the Trump budget proposals revealed late Wednesday include $4.1 billion for the wall. Reuters reported that Trump was asking for $1.5 billion for the current fiscal year and another $2.6 billion for the 2018 budget year, which begins Oct. 1.

    The money will come from U.S. taxpayers and not Mexico, which has made it clear that it’s not paying for the wall.

    Earlier this year, Trump backed off his campaign promise and admitted that Americans would end up footing the bill, but claimed Mexico would “reimburse us for the cost of the wall.”

    A report from the Department of Homeland Security estimated that the cost of the wall would be far higher than what Trump had promised on the campaign trail. Trump has said the wall would cost $12 billion, but Homeland Security estimated it would cost $21.6 billion and take three years to construct.

    article
    “To announce that there must be no criticism of the President, or that we are to stand by the President, right or wrong, is not only unpatriotic and servile, but is morally treasonable to the American public.”

    ― Theodore Roosevelt

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  13. #27
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    if we're going to pay for it with our taxes and i get a tax refund, can i take it in mexicans?

  14. #28
    Over 4000 post club quip's Avatar
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    Quote Originally Posted by ok doser View Post
    if we're going to pay for it with our taxes and i get a tax refund, can i take it in mexicans?
    No, but you may convert it to pesos to complement the Trump scam!
    _/\_

    Christians: "I - a stranger and afraid - in a world I never made.." -- Houseman

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    awwww


    i was hoping to get salma hayek

  16. #30
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    Quote Originally Posted by ok doser View Post
    awwww


    i was hoping to get salma hayek
    No worries...you could've got stuck with Danny Trejo.
    _/\_

    Christians: "I - a stranger and afraid - in a world I never made.." -- Houseman

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