Advertisement

SKIP ADVERTISEMENT
You have a preview view of this article while we are checking your access. When we have confirmed access, the full article content will load.

Trump Proposes a Record $4.75 Trillion Budget

The president’s proposed budget for the 2020 fiscal year was delivered to Congress on Monday.Credit...Tom Brenner for The New York Times

WASHINGTON — President Trump sent Congress on Monday a record $4.75 trillion budget plan that calls for increased military spending and sharp cuts to domestic programs like education and environmental protection for the 2020 fiscal year.

Mr. Trump’s budget, the largest in federal history, includes a nearly 5 percent increase in military spending — which is more than the Pentagon had asked for — and an additional $8.6 billion for construction of a wall along the border with Mexico. It also contains what White House officials called a total of $1.9 trillion in cost savings from mandatory safety-net programs, like Medicaid and Medicare, the federal health care programs for the elderly and the poor.

The budget is unlikely to have much effect on actual spending levels, which are controlled by Congress. Democratic leaders in both the House and the Senate pronounced the budget dead on arrival on Sunday, and Mr. Trump’s budgets largely failed to gain traction in previous years, when fellow Republicans controlled both chambers.

But the blueprint is a declaration of Mr. Trump’s re-election campaign priorities and the starting skirmish in the race for 2020, as both Republicans and Democrats try to carve out their messages to appeal to voters.

The president’s budget quickly antagonized Democrats while making clear the contours of how he plans to run for re-election. It is replete with aggressively optimistic economic assumptions and appeals to his core constituents, and it envisions deep cuts to programs that Democrats hold dear. Yet it projects trillion-dollar deficits for the next four years and does not balance the budget for 15 years.

Senator Chuck Schumer of New York, the Democratic leader, called the proposal “a gut punch to the American middle class.” He said Mr. Trump’s requested cuts to Medicare, Medicaid and Social Security, “as well as numerous other middle-class programs, are devastating, but not surprising.”


Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.


Thank you for your patience while we verify access.

Already a subscriber? Log in.

Want all of The Times? Subscribe.

Advertisement

SKIP ADVERTISEMENT