US budget. Trump's proposal assumes gigantic cuts of federal expenses

The proposed budget would raise expenses for defense by 13 %, and expenditure on internal security by almost 65 percent. In relation to the levels of 2025, discretionary expenses not related to the defense would be reduced by 23 percent. to the lowest level from 2017 – the Reuters agency informed behind the White House Management and Budget Office.

The so -called “slim budget” is an outline of administration priorities, which is to enable republican members of the Congress to deal with the development of expenditure.

As Reuters notes, Trump's first budget as the 47th President of the US is to implement campaign promises to increase expenditure on armed forces and protect borders, while limiting federal bureaucracy.

“At this critical moment we need a historic budget – one that will end the financing of our fall, put Americans in the first place and provide unprecedented support for our army and internal security,” said the director of the government agency Russ Vought in a statement.

Trump presses the Congress controlled by the Republicans to extend the 2017 tax reduction, which was his greatest legislative achievement in the first term. According to impartial analysts, this can increase the state's debt by $ 5 trillion.

The federal government currently has a growing debt of $ 36 trillion all the time, and some fiscal conservatives and budget experts are afraid that the Trump's Act on tax reduction will increase this debt even more if sufficient cuts do not occur.

The annual budget application of the White House includes economic forecasts and detailed proposals for how much money every government agency should spend in the fiscal year starting on October 1. According to the budget office of the Congress in the fiscal year 2024, the expenses amounted to $ 6.8 trillion.

Reuters notes that legislators often introduce significant changes in the White House request for the budget. But Trump has an extraordinary influence on this Congress controlled by the Republicans and can get a lot of what he wants.

Republicans In Congress, they hope to pass the Act on tax reduction by July 4 and are working on overcoming internal divisions on the proposed cuts of federal expenses to pay for it. Perhaps they will have to take into account the growing tensions in US economy Due to Trump's tariff increases, which turn global trade upside down.

According to the management office and budget in a statement, the budget proposal is the fulfillment of Trump's promise regarding the closure or significant limitation of the United States Education Department, while maintaining financing for children from low -income families.

“Donald Trump's Days, in which he pretended to be a populist, came to an end” – said the US Senator in a statement Chuck Schumerleader of the Democrats in the American Senate. “His policy is nothing but a total attack on hard -working Americans. While he destroys healthcare, cuts education and hollows programs on which families rely – he finances tax breaks for billionaires and large corporations” – he added.

Reuters notes that the White House budget provides for an additional $ 500 million discretionary expenses to strengthen the security of borders and support Trump's activities aimed at mass deportations. In addition, the purpose of $ 766 million to provide financing technologies securing borders and funds for maintaining 22,000 border guard agents and employing additional customs officers and border guards.