Pres. Trump budget calls for return to 'fiscal sanity'

Trump plans to ask for another $8.6B to fund border wall: report

Pelosi, Schumer threaten another gov't shutdown over President Trump's request for border wall funds

Trump's proposal for the fiscal year that begins October 1 includes $8.6 billion to build the U.S-Mexico border wall.

"My 2020 Budget builds on the tremendous progress we have made and provides a clear roadmap for the Congress to bring federal spending and debt under control", Trump writes in a message to Congress that serves as the introduction to the budget plan. The politically contentious declaration would circumvent Congress, although there's no guarantee Trump will be able to use the money in the face of a legal challenge from California and other states. The House has already voted to revoke the emergency, and the Senate is likely to do the same this week.

House Speaker Nancy Pelosi (D-CA) and Senate Minority Leader Chuck Schumer (D-NY) warned President Donald Trump on Sunday that "the same thing will repeat itself" if he asks for $8.6 billion to build a border wall. Money targeted for the wall "would be better spent on rebuilding America", they said. It provides money to fight opioid addiction and $291 million to "defeat the HIV/AIDS epidemic".

The administration's plan calls for $2.7 trillion in spending cuts over 10 years and assumes that the economy will grow by about 3 percent over the next decade - well above many independent forecasts.

The administration pointed to the 2020 budget's reduction of "nondefense programmatic spending by 5 percent" to a cap level below that in 2019. To get around the cap, the budget calls for funneling $165 billion into a war-related account that is exempt from spending limits. Trump took that step after Congress approved almost $1.4 billion for border barriers, far less than the $5.7 billion he wanted. "However, the national debt - now more than $22 trillion - remains a grave threat to our economic and societal prosperity".

Even with his own projections, Trump's budget would not come into balance for a decade and a half, rather than the traditional hope of balancing in 10 years.

President Donald Trump's top economist is brushing off concerns about rising budget deficits and slowing economic growth in advance of the release of the president's 2020 budget.

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An Air Transat statement said, "Our 189 passengers' safety is our top priority and they were evacuated promptly upon landing". Those traveling through the airport are advised to contact your airline for flight status updates.

The overall trim to discretionary spending masks large shifts in funding priorities among various agencies.

For the fiscal year that begins October 1, Trump would increase defense spending by about 5 percent to $750 billion, despite a spending cap imposed by a deficit reduction law that requires cuts. Under the budget, major sections of both the Affordable Care Act and Medicaid would be turned over to the states starting in 2021. But with Democrats in charge of the House, the plan is going nowhere on Capitol Hill.

Trump and his Republican allies had been on the offensive on health care in recent months, after several Democratic candidates struggled to answer questions about how they would pay for universal coverage and whether they would allow Americans to keep their private insurance. About $718 billion would go to the Defense Department.

Meanwhile, it would add $60 million for charter schools and $200 million for school safety initiatives. She also proposed up to $5 billion in federal tax credits to support school choice scholarships. The Department of Defense also gets $3.6 billion to assist in the mission to secure the border. The plan again targets reducing veteran suicides as a top priority and sets aside $4.3 billion to improve the department's computer system and website. He said Trump added almost $2 trillion to deficits with the GOP's "tax cuts for the wealthy and large corporations, and now it appears his budget asks the American people to pay the price", the Democrat said. Despite media messaging that permeates even many other conservative outlets, actual cuts - i.e. literally spending less year over year - are rare.

The proposed $2.7 trillion in cuts represents more spending reductions proposed than by any administration in history.

Those have been part of Trump's foreign policy for two years now, although other positions are contrasted by the budget request: While Trump has threatened to slash aid to Central American countries over immigration, the budget proposal calls for increased economic assistance to enhance "governance and boost local economies to discourage illegal immigration", according to Deputy Secretary John Sullivan.

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