Trump budget seeks cuts to domestic programs, social programs, funding for wall

Copies of the President Trump's FY 2019 budget proposal are delivered to the U.S. House Budget Committee offices on Capitol Hill in Washington, U.S. February 12, 2018. REUTERS/Jonathan Ernst

Vastavam web: President Donald Trump proposed a budget on Monday that calls for cuts in domestic spending and social programs such as Medicare and seeks a sharp increase in military spending and funding for a wall on the Mexican border.President Donald Trump proposed a budget on Monday that calls for cuts in domestic spending and social programs such as Medicare and seeks a sharp increase in military spending and funding for a wall on the Mexican border.

There is little chance of those cuts becoming real, as presidential budgets are rarely enacted by the U.S. Congress, which controls federal purse strings. Instead, the budget allows the White House to lay out its priorities for the year.Still, the proposed cuts drew a rebuke from the top Democrat on the House of Representatives Budget Committee, John Yarmuth.Beyond social programs, the plan calls for deep cuts in non-military spending that the White House said would lower the federal budget deficit by more than $3 trillion over 10 years.

It calls for spending $57 billion less in fiscal year 2019 than mandated in a two-year budget deal passed last week by Congress that raised spending limits on both military and domestic programs by $300 billion.The Trump administration says, however, that Congress need not spend all of the money called for under the deal, particularly with regard to domestic spending.Trump’s budget proposal forecasts annual economic growth of at least 3 percent over the next three years, an aggressive target that is crucial to help cover the cost of $1.5 trillion in tax cuts passed by the Republican-controlled Congress in December.