Trump budget promises balance in decade, relies on deep cuts
Trump's blueprint for the 2018 budget year comes out Tuesday. It includes a wave of cuts to benefit programs such as
All told, according to people familiar with the plan, Trump's budget includes
Cuts include a whopping
The food stamp cuts are several times larger than those attempted by
The fleshed-out proposal follows up on an unpopular partial release in March that targeted the budgets of domestic agencies and foreign aid for cuts averaging 10 percent — and made lawmakers in both parties recoil.
The new cuts are unpopular as well.
"We think it's wrongheaded," said Rep.
Trump's budget plan promises to balance the federal ledger by the end of a 10-year window, even while exempting
Instead, the Trump tax plan promises an overhaul that would cut tax rates but rely on erasing tax breaks and economic growth to end up as "revenue neutral." It would create three tax brackets — 10 percent, 25 percent and 35 percent — instead of the current seven.
Trump is also targeting the
"I would think that the health care bill is our best policy statement on
Details on Trump's budget will not be publicly released until Tuesday, but Mulvaney has briefed
A full budget submission by the administration to
An earlier blueprint from Trump proposed a
Trump's
"The budget's a starting point. We'll go to work from there," said Sen.
Presidential budgets are mere suggestions, and the
Tuesday's budget will also include proposals such as paid leave for parents after the birth or adoption of a child, a


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