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Trump preparing to release $4.8 trillion budget proposal
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The Wise And Powerful Admin
Posts : 111040 Join date : 2014-07-29 Age : 101 Location : A Mile High
Subject: Trump preparing to release $4.8 trillion budget proposal Sun Feb 09, 2020 4:37 pm
Trump preparing to release $4.8 trillion budget proposal FoxNews • Feb 9, 2020
Highlights of the 2021 budget include increased military spending and $2 billion for the border wall.
Temple Regular Member
Posts : 7317 Join date : 2014-07-29
Subject: Re: Trump preparing to release $4.8 trillion budget proposal Sun Feb 09, 2020 5:38 pm
trump would be releasing 'thee' report.. the man couldn't add 6 lines. he won't read/study it the writers of it will tell him what is in it.. then trump might attempt to talk a condensed version and fuk it up BWAA
Grackle
Posts : 2495 Join date : 2017-09-09
Subject: Re: Trump preparing to release $4.8 trillion budget proposal Sun Feb 09, 2020 5:43 pm
Quote :
the man couldn't add 6 lines. he won't read/study it
Funny, coming from a stooge who won't watch a video or click on a link to read an article
Temple Regular Member
Posts : 7317 Join date : 2014-07-29
Subject: Re: Trump preparing to release $4.8 trillion budget proposal Sun Feb 09, 2020 5:44 pm
Trump wants to invest big in nuclear weapons: report
President Donald Trump wants to dramatically increase spending on nuclear weapons, according to his new budget proposal.
Axios reported Sunday evening, after seeing an advanced copy, that there is a major increase in the budget for the arsenal.
“Trump’s 2021 budget calls for $28.9 billion for the Pentagon to modernize nuclear delivery systems and $19.8 billion to the National Nuclear Security Administration — a nearly 20% increase over his previous budget request — for ‘modernizing the nuclear weapons stockpile,'” Axios cited those familiar with the budget request.
“This includes a range of warhead life extension programs, investments in new scientific tools we need to maintain a safe, effective and reliable nuclear stockpile into the future,” Axios cited a source, “a major increase for maintenance and upgrade to a long-neglected and aging infrastructure, and funding to restore the nation’s capability to develop new nuclear warheads.”
The United States already has over 6,000 nuclear weapons, but it has fewer than Russia, according to a Arms Control fact sheet.
Political leaders have warned that the existing nuclear systems are reaching the “end of their service lives,” cited defense budget expert Makensie Eaglen, at the American Enterprise Institute.
“We keep putting bandaids over bandaids, and now new systems are required,” Eaglen said.
Trump believes in nuclear modernization, according to a source familiar with the budget.
A study published by Michigan Tech explained that it would take just 100 nuclear weapons to completely end humanity.
The United States is facing off against Russia, North Korea and Iran after Trump broke nuclear treaties and failed to negotiate peace with Kim Jong Un.
((is trump reading for the war he wants to start- or simply not taking care of american citizens needs))
Subject: BIG Mistake; Trump to Cut Medicaid, Social Security in 2020 Budget. Sun Feb 09, 2020 6:25 pm
BIG Mistake; Trump to Cut Medicaid, Social Security in 2020 Budget. posted; Yesterday at 9:25 pm (moved for no particular reason)
Trump expected to ask for $2 billion in funding for border wall, make cuts to medicare, medicaid, and social security in 2020 budget.
President Donald Trump on Monday is expected to unveil his latest budget, a $4.8 trillion proposal that will ask Congress for $2 billion for his long-promised border wall, will raise military spending, and will propose cuts to social safety-net programs, including Medicare and Medicaid.
According to a report Sunday from The Wall Street Journal, a senior Trump administration official said the president has plans to increase military spending $740.5 billion beginning in FY 2021, an increase of 0.3%.
As The Wall Street Journal noted, the president's budget is not likely to be passed into law in the form that it will be in when he announces it Monday. It's a jumping-off point of sorts that begins the negotiations between the president and Congress.
Further complicating his plans is the fact the president again faces a Democratic majority in the House, likely to push back on the president's proposals, especially after his impeachment last year.
Trump has asked for $2 billion to fund his enhancements to the border wall between the US and Mexico, a cornerstone of his 2016 bid for the Oval Office. Trump has faced significant barriers toward building the wall, particularly a Congress less than thrilled about funding the project, which the president used to claim would be paid for by Mexico.
The $5 billion request sparked a fight with Congress last year, which triggered the longest-on-record government shutdown when the previous years' budget ran out.
NASA sees a sizable increase in funding out of any federal agency, with a 12% boost as the president has expressed a desire to have an American back on the moon by 2024, according to the Wall Street Journal. Funding to the Environmental Protection Agency would decrease by 26%, according to the report.
The report said the president is also expected to announce a $4.4 trillion cut to federal spending over the next decade, which includes $130 billion in changes to prescription-drug prices through Medicare, $292 billion from safety-net cuts, like work requirements for Medicaid and SNAP.
The Wall Street Journal said. The president will also suggest a $70 billion cut through limiting eligibility for federal disability benefits.
According to the report, the president's plan will assume a higher level of economic growth than is predicted by most economists and will assume that Trump's 2017 tax-cuts will be extended past their current expiration date in 2025.
Other funding shifts come to the Department of Veterans Affairs, which sees a 13% increase, and the Department of Homeland Security — the agency in charge of border security and Immigrations and Customs Enforcement — would see a 3% increase. The National Nuclear Security Administration's budget would see funding increase by 19%, according to The Wall Street Journal report.
Foreign aid would be slashed by 21%, the report said. Lawmakers on both sides of the aisle last year said they did not support the president's previous proposals to cut foreign aid.
The Ben Carson-helmed Department of Housing and Urban Development's budget would be cut by 15%, and there would be a 9% decrease in funding for the Centers for Disease Control.
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