![]() Other discretionary spending (cabinet departments) would be reduced by $1.548T. This includes reduced spending of $752 billion for overseas contingency operations (defense spending in Afghanistan and other foreign countries), which is partially offset by other increases in defense spending of $448B, for a net defense cut of $304B. ![]() Discretionary spending: The budget cuts discretionary spending by a net $1.851 trillion over the 2018–2027 period.These savings would be partially offset by $200B in additional infrastructure investment. This includes reduced spending of $1.891T for healthcare, mainly due to the proposed repeal and replacement of the Affordable Care Act (ACA/Obamacare) $238 billion (B) in income security ("welfare") and $100 billion in reduced subsidies for student loans. Mandatory spending: The budget cuts mandatory spending by a net $2.033 trillion (T) over the 2018–2027 period.The Congressional Budget Office reported its evaluation of the budget on July 13, 2017, including its effects over the 2018–2027 period. ![]() CBO scoring of the budget CBO chart explaining the impact of the 2018 budget on spending, tax revenue, and deficits over the 2018–2027 periods The OMB estimated FY2018 would involve outlays of $4.094 trillion and revenues of $3.654 trillion, a $440 billion deficit. On March 16, 2017, President Trump sent his budget proposal to Congress, remaining largely unchanged from the initial proposal. The Trump administration proposed its 2018 budget on February 27, 2017, ahead of his address to Congress, outlining $54 billion in cuts to federal agencies and an increase in defense spending. Please help update this article to reflect recent events or newly available information. ![]()
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