Trump releases budget to cut $4.4T in spending

[Ephedra]

Liberals, your dream has come true. Trump releases a multi-year plan to eliminate our deficit spending. Considering this is what you guys have been so concerned about the last 3 years we finally have something we can all agree upon!

One other thing resident Dems have been concerned about is addressed...tax cuts for everyone extended beyond 2025. Imagine that, we get to keep more of our hard earned money!

The White House on Sunday unveiled a $4.8 trillion budget proposal that would slash spending dramatically on foreign aid and social safety nets, while including $2 billion for a southern border wall and substantially boosting funding to NASA, the Department of Veterans Affairs and the Department of Homeland Security.

Fox News has confirmed the details of the budget, which The Wall Street Journal first reported. The package, set to be formally announced on Monday, as-is stood little chance of passage in the House of Representatives, which the Democrats have controlled. Still, it served as a signal of the president's priorities as Republicans have aimed to retake the chamber in the 2020 elections.

The plan aims to eliminate the federal deficit -- or the difference between spending and revenue that is slated to exceed $1 trillion this year -- by 2035. In all, the White House is seeking to cut $4.4 trillion in federal spending over the next 10 years, including reductions in spending on food stamps and federal disability benefits through more stringent work and eligibility requirements.

Total cuts to "non-defense discretionary programs,” which do not include Medicare or Social Security, amount to $2 trillion in savings under the plan, which additionally calls for renewing the Trump administration's tax cuts for individuals and families that would otherwise expire in 2025. Modifications in Medicare prescription-drug pricing would account for $130 billion in savings.

"Working together, the Congress can reduce drug prices substantially from current levels," Trump said during last week's State of the Union address. "I have been speaking to Senator Chuck Grassley of Iowa and others in the Congress in order to get something on drug pricing done, and done properly. I am calling for bipartisan legislation that achieves the goal of dramatically lowering prescription drug prices. Get a bill to my desk, and I will sign it into law without delay."

Foreign aid would be reduced by 21 percent, in keeping with the president's push to have other countries pay what he calls their "fair share" for their own defense. Trump's temporary suspension of aid to Ukraine helped trigger impeachment proceedings; one of Republicans' defenses was that the president has long sought to suspend or reduce U.S. financial commitments overseas -- especially to notoriously corrupt countries.

The Environmental Protection Agency (EPA) would face a massive 26-percent reduction in funding. The Trump administration has rolled back Obama-era EPA regulations and oversight, saying they have hurt the economy for little benefit.

The proposal also would cut the Department of Housing and Urban Development's budget by 15 percent, while incorporating $2.8 billion for grants to help combat homelessness. And, The Centers for Disease Control and Prevention would see a 9 percent cut, although its $4.3 billion allocation for fighting infectious disease would remain amid the coronavirus spread.

Homeland Security's budget would grow by 3 percent; the National Nuclear Security Administration's by 19 percent; and the Department of Veterans Affairs' by 13 percent.

https://www.foxnews.com/politics/tru...eland-security

[vickissick07]

Reducing the deficit is actually bad. Here's why

[Ephedra]

Reducing the deficit is actually bad. Here's why

But this addresses all the fears our resident Dems had about tax cuts. Glad we can all come together and agree on a plan!

[BuckNakedinBama]

Outstanding. I was hoping he'd use his second term for spending cuts. Now that's looking like a reality. Gotta win the House too tho.

[kovalchuk71]

Now they’ll bitch about the EPA funding decrease.

[Ephedra]

Now they’ll bitch about the EPA funding decrease.

No way! I've seen dozens of posts per week from resident libs concerned about the deficit vs zero posts about the importance of the EPA. Think they'll understand if we want to cut the deficit we need to start cutting our bloated bureaucracy. After all, corporations are evil and what bigger corporation is there than the United States government?

[TaeBoNinja]

[TrueTruth]

Leftist libtards must be very excited about this. They keep bitching about “trailer trash conservative rednecks” on welfare, and President Trump does more than any other leader in history to cut off freeloaders and put those damn “red state” moochers back to work.... (unlike foodstamp ObamaPhone loser before him)

Are you happy now, libs? We can all finally agree on something.

[Seatard]

ITT, spineless Trumpers measuring everything against what libs think.

[SWDeath]

ITT, spineless Trumpers measuring everything against what libs think.

This was your opportunity to prove someone wrong.

The irony, you people make it so easy.

[Seatard]

This was your opportunity to prove someone wrong.

The posts speak for themselves.

But to go off topic a little, reducing deficit spending is great. Surely this time it will happen.

[SecSociety]

Because Trump contributed to it they will hate it

[Harbinger]

ITT, spineless Trumpers measuring everything against what libs think.

Libs thinking, LOL

[Seatard]

Libs thinking, LOL

I know right?

Yet every fukking thread... wut are libs gonna say?

[TrueTruth]

I know right?

Yet every fukking thread... wut are libs gonna say?

Don't you want bipartisan agreement? All I keep hearing is bipartisan this, bipartisan that....

Well, here you go. You get your spending cuts that all liberal claim to want, reduce that debt that all liberals supposedly want to do, get red states off welfare that liberals keep complaining about...

Do you think we can get some support from Democrats in Congress to pass this "bipartisan" budget? Or will the Democrats continue blocking and pushing their do-nothing agenda and then blame Trump for all the problems in the country?

[Skezo]

Are plans for cuts to plan parenthood in here?
They want more money but can afford to donate $40 million to Democrats this election. Basically tax payers funding the dems... should be illegal.
For the record I am pro abortion pre third trimester

[Ephedra]

The posts speak for themselves.

But to go off topic a little, reducing deficit spending is great. Surely this time it will happen.

So you agree with this plan? A simple yes or no will be preferred.

Thanks!

[Ephedra]

ITT, spineless Trumpers measuring everything against what libs think.

Hey man, I'm just excited to see something we all agree on that will better the country!

[x-trainer ben]

'The devil is in the details'
The details of a plan, while seeming insignificant, may contain hidden problems that threaten its overall feasibility.

We will see after a deep probe into what is proposed.

[Stizzel]

'The devil is in the details'
The details of a plan, while seeming insignificant, may contain hidden problems that threaten its overall feasibility.

We will see after a deep probe into what is proposed.

No matter what it says you will be against it so who cares about your deep probe?

[jtaylor2010]

'The devil is in the details'
The details of a plan, while seeming insignificant, may contain hidden problems that threaten its overall feasibility.

We will see after a deep probe into what is proposed.

Obviously we’ll need to see the details. In such a broad plan I’m sure there will be plenty to agree and disagree with. And this proposal obviously won’t be the final product, as it’s probably just the starting point for negotiations. Still, it’s very encouraging to see that reducing the deficit seems to be a priority now.

[NitrogenWidget]

No matter what it says you will be against it so who cares about your deep probe?

yep.
Full steam ahead on the SS #orangemanbad.

[Seatard]

So you agree with this plan? A simple yes or no will be preferred.

Thanks!

I agree with the concept, but I assume the plan is to talk a lot of chit to get elected and then do fuk all to come through with results. So, no.

[gixxer0.6g]

More losing for the dems. Trump never goes a day without providing fresh reeeeee material

[x-trainer ben]

No matter what it says you will be against it so who cares about your deep probe?

Not an intelligent comment at all, there may be sections that i disagree with.
There may be sections that i do; then congress gets to play with it.
Lets not act like this is our first Rodeo and we don't know how this game works.

[x-trainer ben]

Obviously we’ll need to see the details. In such a broad plan I’m sure there will be plenty to agree and disagree with. And this proposal obviously won’t be the final product, as it’s probably just the starting point for negotiations. Still, it’s very encouraging to see that reducing the deficit seems to be a priority now.

Bravo for logic and reason in the R+P, we are making progress after Bozz'S post.

Standing ovation!

[AriGhold]

Bravo for logic and reason in the R+P, we are making progress after Bozz'S post.

Standing ovation!

Are we? Look at the other posts ITT.

[Ephedra]

Are we? Look at the other posts ITT.

What're your thoughts on this proposal, Ari?

[BullittEV]

Are we? Look at the other posts ITT.

What are your thoughts on the bill thus far?

[AriGhold]

What're your thoughts on this proposal, Ari?

We need to make significant cuts to the military if we are ever going to achieve a balanced budget. I’ll give him credit for doing some trimming but who knows what the final budget will look like.