Thursday, March 16, 2017

Trump Unveils 'Hard Power' Budget That Boosts Military Spending

The Trump administration's new budget blueprint aims to quantify the president's nationalistic agenda in dollars and cents. The plan, released Thursday morning, calls for significant increases in military and border-security spending, along with corresponding cuts in many other parts of the government.

Like any White House budget, Trump's blueprint is more of a political document than an accurate predictor of government spending. Congress controls the purse strings and lawmakers may have very different priorities. As a statement of presidential intention, though, the blueprint is crystal clear.

Trump wants lawmakers to boost military spending in the coming fiscal year by 10 percent, or $54 billion. Rather than raise taxes or increase the deficit, the president is calling for equivalent cuts in other areas. Foreign aid would be especially hard hit, with the State Department's budget cut by about 28 percent.

Alongside Defense, the agencies for which the White House proposes spending increases are almost entirely military- and national security-related. The Department of Homeland Security would see a hike in funding of 6.8 percent, as would the Department of Veterans Affairs (5.9 percent) and the National Nuclear Security Administration (11.3 percent). - More

Trump Unveils 'Hard Power' Budget That Boosts Military Spending


0 Comments:

Post a Comment

<< Home