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Home » Economy » Trump administration releases ‘America-First’ budget proposal

Trump administration releases ‘America-First’ budget proposal

By Newsd
Updated on :
Source: The Fiscal Times

Trump administration on Thursday released a preliminary 2018 budget proposal, which details many of the changes the US President wants to make to the federal government’s spending.

To pay for an increase in defence spending, the ‘America First’ budget proposes dramatic cuts to many federal agencies including Environmental Protection Agency, the State Department and the Agriculture Department.

Funding would disappear altogether for 19 independent bodies that count on federal money for public broadcasting, the arts and regional issues.

Trump wants to spend $54 billion more on defense, put a down payment on his border wall, and breathe life into a few other campaign promises. His initial budget outline does not incorporate his promise to pour $1 trillion into roads, bridges, airports and other infrastructure projects, CNBC reported.

The Department of Homeland Security would get a 6.8 percent increase, with more money for extra staff needed to catch, detain and deport illegal immigrants.

The estimate of the full cost of the wall will be included in the full budget, expected in mid-May.

Funding to the Environmental Protection Agency will be slashed by $2.6 billion or more than 31 percent, and the State Department by more than 28 percent.

Anti-poverty grants and a program that helps poor people pay their energy bills would be slashed.

The Education Department faces a 14 percent cut under the Trump administration budget, which would downsize or eliminate a raft of grants, including for teacher training, afterschool programs, and aid to low-income and minority college students, The Washington Post reported.

The budget also proposed a 21 percent Labor Department which will reduce the funding for job training programs that benefit seniors and disadvantaged youth.

The budget assumes there will be reduced U.S. contributions to the United Nations. The United States will also contribute less to international development banks, including the World Bank.

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