White House budget proposal lands and promises many congressional battles ahead
- Author: Leroy Wright Mar 13, 2019,
Mar 13, 2019, 0:10
The official was not authorized to publicly discuss budget details before Monday's release of the plan and spoke on condition of anonymity. With Democrats in control of the House, it is unlikely that anything resembling the Trump administration's budget will be passed.
Yarmuth said Democrats plan to rely on baseline estimates by the Congressional Budget Office, which now forecasts 2.3% for 2019, in drawing up a counteroffer. "This is unfortunate, not unexpected, and-most importantly-not going to deter us from doing what we need to do to ensure that every person in the region has access to clean, safe, and affordable water".
House Budget Committee Chairman John A. Yarmuth, Kentucky Republican, said the administration is starting off on the wrong foot for the forthcoming budget and spending negotiations with the proposal it rolled out Monday.
"We have provided the course of action, the strategy, and the request to finish the job". Let's take a gander, shall we?
The Republican president's US$4.7 trillion (S$6.38 trillion) budget was immediately panned by Capitol Hill Democrats, who blocked his push for a border wall during a standoff past year that led to a five-week partial shutdown of the federal government.
Following the rejection of his wall funding demand, Trump declared the border was a national emergency - a move opposed by Democrats and some Republicans - and redirected $601 million in Treasury Department forfeiture funds, $2.5 billion in Defense Department drug interdiction money and $3.6 billion from a military construction budget, for total spending of $8.1 billion for the wall.
Trump wanted $5.7 billion but Congress appropriated only $1.375 billion. And You Get a Tank!
Democratic Rep. Seth Moulton of MA noted that Trump promised to wipe out deficits in eight years as he ran for president in 2016.
"The room to maneuver is shrinking because the vast majority of US government spending goes toward entitlements and not discretionary spending", wrote Torsten Slok, chief worldwide economist at Deutsche Bank in a note to clients that included the chart below.
Fiscal conservatives within the Republican Party have typically aspired to balance the budget in 10 years in their opening bids to Congress.
Mr. Trump now says he never really expected Mexico to make a direct payment to pay for a border wall, telling reporters in January, "When during the campaign I would say Mexico is going to pay for it, obviously I never said this and I never meant they were going to write out a check, I said they're going to pay for it".
Even some of the programs in Trump's budget that could be perceived as progressive are offset by other things.
Hey, is that Paul Ryan? .
Trump mainly takes the $2.7 billion he plans to cut from foreign aid, welfare reform, student loans, federal retirement. The one-time allocation is championed by the president's daughter Ivanka Trump, who has focused on economic advancement for women in her role as a White House adviser.
The Medicare changes would save $846 billion over a decade, in part through curbing "waste, fraud and abuse".
Democrats described the White House's budget as a "gut-punch" to the country's middle class, arguing reduced spending on numerous health and safety programs would be "devastating" to Americans.
The budget also confirms Trump's desire to create a "Space Force" with a 15 percent jump in funds for space exploration, at $14.1 billion.
It's as odd as ever to see President Trump, who defied GOP orthodoxy on entitlements throughout his 2016 run, gesturing toward big cuts to Medicare and Social Security-voters didn't punish Trump for promising not to cut entitlements in 2016, and they apparently haven't minded much that he hasn't done anything about them since.
Presidential budgets are routinely rejected by Congress, which ultimately crafts a package that wins bipartisan support. The White House identified priorities as, "strategic competition with Russian Federation and China, countering rogue regimes such as North Korea and Iran, defeating terrorist threats, and consolidating gains in Iraq and Afghanistan".