Trump sees to slash government spending in budget plan

22 May by

Trump sees to slash government spending in budget plan

Trump sees to slash government spending in budget plan

The White House on Tuesday will ask Republicans who control the U.S. Congress – and federal purse strings – to slash spending on healthcare and food assistance programs for the poor as they push ahead on plans to cut taxes and trim the deficit. President Donald Trump is set to propose a raft of politically sensitive cuts in his first full budget, for the fiscal year that starts in October, a proposal that some analysts expected would be put aside by lawmakers as they craft their own budget and spending plans. Trump, who is traveling overseas and will miss the unveiling of his plan, wants lawmakers to cut $3.6 trillion in government spending over 10 years, balancing the budget by the end of the decade, according to a preview given to reporters on Monday.

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Source:: https://finance.yahoo.com/news/trump-budget-plan-slashes-food-stamps-healthcare-poor-011019419–business.html

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