WASHINGTON, May 23 -- The Trump administration on Tuesday unveiled its first full budget that would cut 3.6 trillion U.S. dollars in government spending over the next 10 years to balance the federal budget.
"The first step is to bring federal spending under control and return the federal budget to balance within 10 years. Deficit spending has become an ingrained part of the culture in the nation's capital," the administration said in its budget for fiscal year 2018, which starts from Oct.1, 2017.
The budget, which was titled "A New Foundation for American Greatness", claims to eliminate the federal deficit by the end of the decade through faster economic growth and deep cuts in Medicaid payments, food stamps and disability benefits.
Calling it "a taxpayer-first budget", Mick Mulvaney, Director of the White House's Office of Management and Budget, said the administration would place great weight on the interests of taxpayers rather than those who need government help.
"We're no longer going to measure compassion by the number of programs or the number of people on those programs, but by the number of people we help get off those programs," Mulvaney said Tuesday at a press briefing.
Funding for Medicaid, the health care program for low-income and disabled Americans, would be cut by more than 800 billion U.S. dollar over 10 years, while the Supplemental Nutrition Assistance Program, which provides benefits to about 44 million people, would be cut by about 193 billion dollars, according to the budget.
For fiscal 2018, the budget would also shift 54 billion dollars from non-defense discretionary spending to defense by enacting major cuts to the State Department, the Environmental Protection Agency and other agencies.
The budget is expected to meet with resistance from both parties in Congress and start a new round of fiscal fighting in Washington. Republican Senator John Cornyn has described the budget as "basically dead on arrival". Many Democrats have also opposed the steep cuts to non-defense discretionary spending in the budget.
"President Trump's budget is a stark showcase of the president' s broken promises to America's hard-working families," House Democratic Leader Nancy Pelosi said Tuesday in a statement. "Families across America would suffer, with particularly harsh effects on rural communities."
The administration also estimated that U.S. economic growth would accelerate from 1.6 percent last year to 3 percent by 2021, and would continue staying at that level for the rest of the decade, with the help of tax reform and deregulation.
However, many economists are skeptical about the administration's growth assumptions. The U.S. economic growth will average about only 1.9 percent over the next 10 years, according to the nonpartisan Congressional Budget Office.
National 9/11 museum at standstill as anniversary nears
Mideast protests spark debate over free speech, religion(视频)
我的校园 My Campus
Designing an alternative to antibiotics
Easing pain in the sick and dying
Chinese invest in Italian soccer club(视频)
A Hollywood movie producer helps develop mobile calendar application
Indicators show US economic recovery slow, uneven
Tree deaths linked to climate change
Convention to nominate president Obama for second term
The legal battle between Apple and SamsungDownloa
Using art to make summer school more interesting
Words and their stories: Let's do business
'War of 1812' flag still inspires after 200 years
Learning First Aid: What to do until medical help arrives
New heart stents better than old ones, study says
Uneven signs of growth in the transport industry
Touring colleges, without ever leaving home
Kenny Chesney's latest album builds on success
Do sex strikes work?
The Occupy Movement turns one
Driving with GPS can be difficult to navigate
American history: Columbus discovers the New World
Health Experts: One last push needed to eliminate polio
Oil giants eye Arctic reserves
What world leaders said at the UN
Men face higher death risk, but why?
Worries about rising food prices may ease
American's first exchange students from China
Somalis in US optimistic about changes back home(视频)