Here are the top 10 things to know about President Donald Trump’s $4.7 trillion budget request for the coming fiscal year:
1. Military spending would go up. A deficit reduction law calls for a cut of 11 percent, or $71 billion, to regular national security spending, which doesn’t include war-related costs. But the Trump administration would skirt that law by pumping $165 billion into a war-related account that is exempt from spending limits, even though the money isn’t needed for overseas conflicts. The result would be a 5 percent increase to defense, which would total $750 billion in fiscal 2020.
President Donald Trump unveiled a $4.7 trillion budget request for fiscal 2020 that would boost military funding, cut non-defense programs and intensify the partisan fight over a southern border wall.
The tax and spending blueprint calls for saving $2.8 trillion over the coming decade by cutting non-defense discretionary programs, curbing health care costs, imposing tougher work requirements on welfare programs and restructuring federal student loans, among other things.
BY PAUL M. KRAWZAK AND DAVID LERMAN
President Donald Trump will send a budget request to Capitol Hill on Monday seeking to eliminate deficits in 15 years, relying on rosy economic growth forecasts to boost revenue and tight limits on nondefense appropriations to counterbalance hefty increases for the military and his signature border wall project.
President Donald Trump's fiscal 2020 budget request, due out next week, is likely to skirt a defense spending cap to boost the military while proposing deep cuts to nondefense programs. CQ's Paul M. Krawzak explains how the White House blueprint is sure to trigger a new showdown over spending limits, along with the need to increase the debt limit and the continuing battle over border wall funds.
CQ’s award-winning defense reporter John M. Donnelly revealed that a Pentagon fund that President Donald Trump wants to use to pay for his wall is nearly depleted, forcing him to look elsewhere in the Pentagon budget for the money. Trump appears poised to break tradition and bypass Congress in this money transfer, and Donnelly says that “would tear a hole in the fabric of cooperation between the White House and the Congress.”
CQ defense reporter John M. Donnelly spells out how President Donald Trump's emergency action to raid Pentagon accounts to pay for a border wall could affect military facilities and programs already stretched thin.
A new snag over immigrant detention policy has thrown a monkey wrench into border security negotiations, as lawmakers look to prevent another government shutdown. CQ appropriations reporter Kellie Mejdrich explains what both sides are seeking and how the Trump administration is softening its demand on border wall funding.
Negotiations on a border security deal have hit a snag in a dispute over immigrant detention policy, Senate Appropriations Chairman Richard C. Shelby said Sunday.
House and Senate conferees were scrambling to reach a deal by Monday that would resolve the impasse over President Donald Trump’s demand for a border wall and avoid another partial government shutdown when current funding runs dry on Feb. 15. But Shelby put the odds of a deal at only “50-50,” citing a partisan rift over Immigration and Customs Enforcement, or ICE.
House and Senate negotiators were planning to work through the weekend to reach a border security deal that would clear the way for a final fiscal 2019 spending package.
A House-Senate conference committee on a Homeland Security bill had been hoping to reach an agreement by Friday. But members said they would probably use the weekend to resolve all remaining concerns, with the goal of producing legislative text on Monday.
As the longest shutdown in modern history enters its fourth week, CQ’s fiscal policy reporter Doug Sword assesses the options for ending the spending impasse. But none appear promising, as President Donald Trump has rejected the latest proposals.
Within days of the government shutdown setting a record, federal agencies, employees and the general public will begin to feel the pain, says CQ budget and appropriations reporter Kellie Mejdrich. She also gives the latest developments in what is turning out to be a prolonged political battle.
The White House formally asked lawmakers Sunday to provide an additional $7 billion beyond what Senate appropriators proposed in their bipartisan Homeland Security spending bill last year, with more than half earmarked for a “steel barrier” along the southwest border.
The request, outlined in a letter from Acting Office of Management and Budget Director Russell Vought, doesn’t seem likely to lead to an immediate breakthrough in reopening large portions of the federal government that have been closed since Dec. 22.
House Republicans will try again this week to pass a year-end package of tax cuts after revamping the measure a second time to win broader political support.
The latest version of the bill restores an extension of two expired tax breaks: one for a biodiesel tax credit and another for a railroad track maintenance credit. The biodiesel credit, which would be extended and then phased out by 2024, was a particular priority for Sen. Charles E. Grassley of Iowa, the likely chairman next year of the Senate Finance Committee.
Lawmakers returned to the Capitol this week without an agreement on a year-end spending package that would wrap up seven unfinished bills for the fiscal year that began Oct. 1.
Reaching a deal would require a lot of work in a very short period of time. Both chambers are scheduled to be in session for only eight legislative days before a stopgap funding law runs dry on Dec. 7. If no new package is passed by then, Congress would need another continuing resolution to avoid a partial government shutdown.
With just eight legislative days remaining to avoid a partial government shutdown, lawmakers will confront a slew of prickly issues, including Robert S. Mueller III's Russia investigation, in their government spending talks, says CQ's senior budget reporter Paul M. Krawzak. He games out what might happen to the seven pending bills that need to pass by Dec. 7.
Key Republican senators head to the White House Thursday afternoon to meet with President Donald Trump, hoping to resolve a border brawl that could hold up a year-end spending package and lead to a partial government shutdown.
The White House session could make clear whether Trump is prepared to give any ground in his request for a $5 billion down payment on a southern border wall — or whether he’s prepared to trigger a shutdown if he doesn’t get his way. Senate appropriators have offered only $1.6 billion in their bipartisan version of a Homeland Security spending bill.
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