President Trump unveiled his “Better for America” budget for the year 2020 on Monday. The record-high $4.75 budget increases spending on the military and border security while cutting many domestic programs.
Though the President promised to pay off the national debt in eight years during his 2016 campaign, the President’s budget does not project a balanced budget for 15 years. It also envisions budget deficits topping $1 trillion from 2020 through 2022.
Trump’s budget includes a request for $750 billion in military spending. The 5% hike in military spending is more than the Pentagon requested from the President. The President’s budget also requests $8.6 in funding for a wall on the southern border.
The budget also includes additional funding for fighting the opioid epidemic. It raises spending on health care for veterans, efforts to lower prescription drug prices, a school voucher program, and infrastructure.
In a move which Senator Chuck Schumer of New York characterized as “a gut punch to the American middle class,” Trump’s budget would cut spending by five percent at every non-military government department. He proposed cutting $818 billion from projected Medicare spending over the next decade along with $1.5 trillion in cuts from projected spending on Medicaid.
The budget also includes a proposal for work requirements for adult food stamp recipients of food…
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