chicagotribune | The federal government is projected to spend $4.091 trillion
next year, with roughly two-thirds of that going mostly toward Social
Security, Medicare,
Medicaid, poverty assistance and interest payments on the government
debt. This spending is expected to be left untouched in the budget
proposal next week.
What Trump will propose changing is
the rest of the budget, known as discretionary spending, which is
authorized each year by Congress. Slightly more than half of this
remaining money goes to the military, and the rest is spread across
agencies that operate things like education, diplomacy, housing,
transportation and law enforcement.
Among Trump's
expected proposals are an increase in military spending of $54 billion,
more money to start building a wall along the border between the United
States and Mexico, and the creation of new initiatives that expand
access to charter schools and other educational programs.
To
offset that new money, Trump will propose steep cuts across numerous
other agencies. Although final numbers remain in flux, his advisers have
considered cutting the Department of Housing and Urban Development's
budget by $6 billion, or 14 percent, according to a preliminary budget
document obtained by The Washington Post. That is a change that Trulia
chief economist Ralph McLaughlin said could "put nearly 8 million
Americans in both inner-city and suburban communities at risk of losing
their public housing and nearly 4 million at risk of losing their rental
subsidy."
Preliminary budget documents have also shown
that Trump advisers have also looked at cutting the Environmental
Protect Agency's staff by about 20 percent and tightening the Commerce
Department's budget by about 18 percent, which would impact climate
change research and weather satellite programs, among other things.
Trump
and his advisers have said that they believe the federal workforce is
too big, and that the federal government spends - and wastes - too much
money. They have said that Washington - the federal workers and
contractors, among others - has benefited from government largesse while
many other Americans have suffered. Federal spending, they have argued,
crowds the private sector and piles regulations and bureaucracy onto
companies.
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