Trump budget would cut $4.4T in spending, boosting defense while slashing safety nets, foreign aid

(Worthy News) – The White House on Sunday unveiled a $4.8 trillion budget proposal that would slash spending dramatically on foreign aid and social safety nets, while including $2 billion for a southern border wall and substantially boosting funding to NASA, the Department of Veterans Affairs and the Department of Homeland Security.

Fox News has confirmed the details of the budget, which The Wall Street Journal first reported. The package, set to be formally announced on Monday, as-is stood little chance of passage in the House of Representatives, which the Democrats have controlled. Still, it served as a signal of the president’s priorities as Republicans have aimed to retake the chamber in the 2020 elections.

The plan aims to eliminate the federal deficit — or the difference between spending and revenue that is slated to exceed $1 trillion this year — by 2035. In all, the White House is seeking to cut $4.4 trillion in federal spending over the next 10 years, including reductions in spending on food stamps and federal disability benefits through more stringent work and eligibility requirements. [ Source: Fox News (Read More…) ]

Lift this up in Prayer

9

people are currently praying.

Latest Worthy News

Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Books by George Whitten

Identity in Messiah Revealed https://identityinmessiah.com

A devotional journey calling believers out of self-doubt and into confident, Kingdom-rooted identity in the Messiah.

Buy on Amazon

The Biblical Fall Feasts Revealed https://biblicalfallfeasts.com

An in-depth look at the Biblical fall feasts and their prophetic significance for believers today.

Buy on Amazon

As an Amazon Associate I earn from qualifying purchases.