Trump Proposes a Record $4.75 Trillion Budget – The New York Times

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WASHINGTON — President Trump sent Congress on Monday a record $4.75 trillion budget request that proposes an increase in military spending and sharp cuts to domestic programs like education and environmental protection for the 2020 fiscal year.

Mr. Trump’s budget, the largest in federal history, includes a nearly 5 percent increase in military spending — which is more than the Pentagon had asked for — and an additional $8.6 billion for construction of a border wall with Mexico. And it contains what White House officials called a total of $1.9 trillion in cost savings from mandatory safety net programs, like Medicaid and Medicare.

The budget is unlikely to have much impact on actual spending levels, which are controlled by Congress. Democratic leaders in both the House and Senate pronounced the budget dead on arrival on Sunday, and Mr. Trump’s budgets largely failed to gain traction in previous years, when fellow Republicans controlled both chambers.

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Trump’s 2020 budget proposal: what’s in it, what gets cut, and what it means – Voxtrump budget vox

President Donald Trump’s administration unveiled its third budget proposal Monday, cementing a vision for the United States that bolsters funding for defense and border walls, while severely cutting social programs for the nation’s poorest.

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