Trump unveils first budget with $3.6-trillion spending cut

Trump unveils first budget with $3.6-trillion spending cut Washington: US President Donald Trump's first budget includes draconian cuts of $3.6 trillion over 10 years in social assistance and medical coverage programs for lower-income citizens, moves aimed at eliminating the deficit.

Presented on Tuesday, the proposal's main entitlement programs affected by Trump's plan is Medicaid, which provides healthcare coverage to low-income citizens and which will see its funding reduced by $610 billion under the proposal, Efe news reported.

The budget plan for Fiscal Year 2018, entitled "A New Foundation for American Greatness" and which promises to eliminate the budget deficit -- predicted to be 3.1 per cent of GDP at year-end -- over a decade, nevertheless provides for increases in defense and border security spending.

Director of the Office of Management and Budget Mick Mulvaney said at the budget presentation that compassion can no longer be measured by the number of social programs and the money spent on such programs.

Mulvaney insisted that, with an agenda including cutting taxes deregulation and reduction of the size of the federal government, the administration will be able to achieve sustainable growth of 3 per cent annually over the coming decade.

"Everything is key to getting us back to 3 per cent (growth)," Mulvaney said.

The budget will reduce the SNAP food subsidy program for low-income families -- a total of 44 million people in 2016 -- by almost $200 billion and it authorizes more responsibility for the states in defining requirements for the program's beneficiaries in terms of minimum hours worked and actively conducting job searches.

Trump has criticized the ongoing increase in entitlements pushed by his predecessor Barack Obama during and after the 2008-2009 financial crisis, since this does not provide incentives for people to return to the labour market and contributes to an disequilibrium in the public accounts.



Discussion Forums

Trump unveils first budget with $3.6-trillion spending cut- Related News

Bonn talks reveal uncertainty over Paris Agreement

    Updated On : May 24,2017   4:04 pm
Climate negotiations are a highly complex undertaking with one simplifying factor that everything happens in one place. But for the current round of negotiations in Bonn, even this isn't the case. View More..

Trump meets Pope, calls it an 'honour'

    Updated On : May 24,2017   3:14 pm
Vatican City, May 24 (IANS) US President Donald Trump met Pope Francis at the Vatican on Wednesday during the first face-to-face meeting of the two leaders, who symbolise starkly different views of the world. View More..

Trump meets Pope Francis at Vatican

    Updated On : May 24,2017   1:20 pm
Vatican City, May 24 (IANS) US President Donald Trump met Pope Francis on Wednesday at the Vatican for a short private audience on the third leg of his overseas trip. View More..

'$19.1 billion budget positive for NASA'

    Updated On : May 24,2017   11:38 am
Washington, May 24 (IANS) At $19.1 billion, NASA has a very positive budget, said the agency's acting Administrator Robert Lightfoot after President Donald Trump released his fiscal 2018 budget request for the federal government on Tuesday. View More..

Five Shia protesters killed in Bahrain

    Updated On : May 24,2017   10:24 am
Manama, May 24 (IANS) At least five persons have been killed and dozens injured as police in Bahrain opened fire at supporters of the country's prominent Shia cleric, Ayatollah Isa Ahmed Qassim, officials said. View More..

Trump vows resolve against terrorism following Manchester attack

    Updated On : May 24,2017   6:26 am
Washington, May 24 (IANS) US President Donald Trump reassured British Prime Minister Theresa May that the resolve will "never waiver" in the face of terrorism, following a multiple-death bomb attack in Manchester. View More..

Iran says US weapons sale to Saudi to jeopardize regional security

    Updated On : May 24,2017   5:46 am
Tehran, May 24 (IANS) A senior Iranian military official said that the recent US-Saudi Arabia arms deal will jeopardize regional security, media reports said. View More..

Trump unveils first budget with $3.6-trillion spending cut

    Updated On : May 24,2017   3:54 am
Washington, May 24 (IANS) US President Donald Trump's first budget includes draconian cuts of $3.6 trillion over 10 years in social assistance and medical coverage programs for lower-income citizens, moves aimed at eliminating the deficit. View More..

Russia interfered in 2016 US elections: Former CIA director

    Updated On : May 24,2017   3:10 am
Washington, May 24 (IANS) Former CIA director John Brennan told Congress that Russia interfered in the 2016 US presidential election won by Republican Donald Trump. View More..

Trump visits Israel's Holocaust Museum, hails Jewish people

    Updated On : May 24,2017   2:14 am
Jerusalem, May 24 (IANS) US President Donald Trump visited Israel's national Holocaust memorial and said that the only way to prevent another genocide of its nature was to never be silent in the face of evil. View More..

Brussels under high security for Trump's visit, NATO summit

    Updated On : May 24,2017   12:34 am
Brussels, May 24 (IANS) The city of Brussels will be at its maximum level of security for the US President Donald Trump's visit to Belgium on Wednesday and the NATO summit on Thursday, media reports said. View More..

Trump reaches Rome to meet Italy, Vatican leaders

    Updated On : May 23,2017   11:18 pm
Rome, May 23 (IANS) US President Donald Trump arrived in Rome on Tuesday for meetings with Italian leaders and Pope Francis in Vatican City. View More..

G7 leaders to mull anti-terror cooperation, says Italian PM

    Updated On : May 23,2017   10:46 pm
Rome, May 23 (IANS/AKI) Counter-terrorism cooperation will be high on the agenda at this week's G7 summit in Italy's Taormina, Italian Premier Paolo Gentiloni said on Tuesday after the deadly attack in Britain's Manchester. View More..

Terror hits Britain: 22 killed in concert bombing claimed by IS

    Updated On : May 23,2017   10:04 pm
Manchester, May 23 (IANS) In one of the worst terror attacks in Britain, 22 persons were killed in a suicide blast at a concert in Manchester city on Monday night. The Islamic State claimed the attack and evoked strong reactions across the world. View More..

Trump asked 2 US intel chiefs to deny Russia collusion

    Updated On : May 23,2017   8:28 pm
Washington, May 23 (IANS) US President Donald Trump asked two of the nations top intelligence officials to help him push back against an FBI investigation into possible coordination between his campaign and the Russian government, officials said. View More..

IS claims responsibility for Manchester bombing, warns of more attacks

    Updated On : May 23,2017   6:42 pm
Manchester, May 23 (IANS) The Islamic State (IS) terrorist group has claimed responsibility for the Manchester bombing, saying a "soldier of the Caliphate" carried out the blast that tore through a crowd of fans at an Ariana Grande pop concert, killing 22 persons, a US terror-tracking organisation said on Tuesday. View More..

22 killed as suicide bomber strikes pop gig in Manchester (Fifth Lead)

    Updated On : May 23,2017   5:04 pm
Manchester, May 23 (IANS) At least 22 persons, including children, were killed when a suicide bomb blast tore through a crowd of fans leaving an Ariana Grande pop concert in the Manchester Arena, shocking the country and underlining the continued threat to European security. A 23-year-old man has been arrested in connection with the attack, police said on Tuesday. View More..

Italy's politicians condemn Manchester attack, express solidarity

    Updated On : May 23,2017   4:56 pm
Rome, May 23 (IANS/AKI) Italian politicians on Tuesday tweeted solidarity with Britain over the suicide bombing at a concert venue in the northern city of Manchester that killed 22 people including children and injured around 60. View More..

Sellout success for JLF in London

    Updated On : May 23,2017   3:46 pm
London, May 23 (IANS) The culturally curious flocked to the British Library last weekend for the London leg of the popular ZEE Jaipur Literature Festival for sessions on a range of topics including travel writing, the constitution, P.G Wodehouse, the Raj, partition and Lutyen's architecture. View More..

Trump meets Palestine President, urges resumption of peace talks

    Updated On : May 23,2017   3:12 pm
Bethlehem, May 23 (IANS) US President Donald Trump met Palestinian President Mahmoud Abbas in Bethlehem on Tuesday, a day after promising to make a renewed effort at peace between the Palestinians and Israelis. View More..