Trump administration rolls out infrastructure plan - but who pays?


The budget also calls for increased spending to expand the number of magnet schools that offer specialized instruction usually focused on specific curricula.

The budget also seeks some $13 billion in new funding over the next two years to combat the opioid epidemic.

The White House wants to spend $4.4 trillion next year and collect roughly a trillion dollars less than that in taxes, yielding a budget deficit of almost 5 percent.

Earlier, the Pentagon unveiled a mammoth budget proposal for fiscal 2019 that would see a more than 10 per cent boost in spending and add thousands more troops across the United States military services.

The budget will cut spending, specifically in non-defense discretionary spending, which helps fund everything from education programs to food stamps to public broadcast.

The spending blueprint also outlines almost $1.5 trillion in cuts over the next decade to Medicaid, the government health plan for the poor - another proposal that was rejected in Congress previous year.

That's because many housing activists misunderstand housing policy.

Instead of following his advice, Mulvaney said Monday, Congress "pounded the hell out of me".

"Just because this deal was signed does not mean the future is written in stone".

President Donald Trump on Monday released his $4.4 trillion budget proposal for 2019.

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Still, Mulvaney took the opportunity on Monday to boast that Trump's priorities are apparent in the plan.

Indeed, most voters didn't think Trump would do a good job concerning the deficit before he was put into office. The administration made its calculations using assumptions about the U.S.'s economic trajectory that are more optimistic than the consensus among private-sector forecasters, or the assumptions used by other parts of the government.

Trump's budget would drop ONC's funding from $60 million in fiscal 2017 to $38 million in fiscal 2019. In December, the Federal Reserve projected annualized growth of 2.2 percent over that period.

Republicans might not be so willing to go with a plan that shifts the infrastructure funding burden to state and local taxpayers, but some members of the GOP caucus are also loathe to raise federal revenues, especially the gas tax, which hasn't been increased in 25 years and now falls short of raising enough money for existing transportation programs.

But given that they already passed a tax plan that will likely add than a trillion to deficits on its own, it seems unlikely that Republican lawmakers will care too much about raising the deficit further if it gets in the way of other priorities.

But at a White House meeting Monday on infrastructure with state and local officials, Trump said he looked forward to spending more on the US - not overseas. "Washington will no longer be a roadblock to progress; Washington will now be your partner".

Out of the $50 billion figure, 80% of the funds under the Rural Infrastructure Program would be provided to the governor of each State via formula distribution. "So cutting those programs is a non-starter for us". Rep. Ed Royce, R-Calif., chairman of the Foreign Affairs Committee, said lawmakers in both parties would once again reject the president's "deep cuts" to the State Department and foreign aid. Judging the plan not as a fiscal blueprint but as no more than a vague indication of Trump's fiscal thinking, the document is still objectionable. Passage of an infrastructure bill will require presidential leadership and bipartisan congressional cooperation.

"It is utterly astounding that just six weeks after slashing taxes on the wealthy and biggest corporations, creating a huge deficit, the president asks older Americans and middle-class Americans to make up the difference by slashing Medicare and Medicaid", said Sen. Charles E. Schumer, D-N.Y., the chamber's minority leader.

Immigration: The FY19 budget requests $23 billion for border security and immigration enforcement. The request calls for $18 billion for border security, including $1.6 billion to build about 65 miles of the wall in South Texas. Furthermore, this budget assumes repeal of Obamacare and reforms to Medicaid that Trump didn't even feel strongly enough about to mention in his State of the Union address. It would also cut the agency's Office of Science and Technology almost in half, to $489 million from its current $762 million.

"Under the proposal, The Centers for Disease Control and Prevention would face a cut but the National Institutes of Health and the Food and Drug Administration would see increases".