The White House on Feb. 10 released a $4.8 trillion budget plan for Fiscal 2021 that outlines the administration’s political priorities heading into the November election.
The plan maintains $740.5 billion for the Defense Department but would cut domestic spending while reducing costs to Medicaid and Medicare. Funding for numerous federal programs and agencies would be slashed, including a 37 percent cut to the Commerce Department, a 26 percent cut to Environmental Protection Agency, a 15 percent cut to Housing and Urban Development, as well as budget cuts for Health and Human Services and Education.
Trump’s proposed spending cuts would break a two-year deal negotiated with Congress last summer and congressional Democrats declared it “dead on arrival.”
“This is the future President Trump envisions for our nation,” said House Budget Committee Chairman John Yarmuth (D-KY). “One where the federal government relinquishes any responsibility for the well-being of the American people in our nation. What the president has put forth is a destructive and irrational budget that intentionally goes after working families and vulnerable Americans.”
Congressional Republicans defended the president’s budget as an attempt to rein in federal spending. Trump’s budget plan reduces deficits by $4.6 trillion over the next 10 years and would balance the budget in 15 years.
“Eliminating this egregiously wasteful spending has been a priority in past Republican budgets and I’m pleased that President Trump is continuing these important, commonsense efforts to stop the grossly irresponsible use of taxpayer dollars,” said Rep. Steve Womack (R-AR), ranking member on the House Budget Committee.