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.
雅思口语范文:Weekends/Outings
雅思口语范文:General Questions
雅思口语素材:好句推荐-圣诞时光颂
雅思口语范文:Spare Time
雅思口语词汇:玩具的相关表达
雅思口语范文:书籍是心灵鸡汤
雅思口语范文:Kinds of music
雅思口语考试的注意事项
雅思口语素材:《西雅图未眠夜》经典台词
雅思口语素材:感恩节的温馨祝福
雅思口语范文:Family
雅思口语范文:Career
雅思口语范文:A perfect trip/holiday
雅思口语话题大全:教育 education
雅思口语范文:Future Plans
雅思口语素材:名人名言-尼克松
雅思口语素材:《阿甘正传》经典台词
雅思口语范文:心理医生是理想工作
雅思口语范文:教育出访是大事
雅思口语范文:电影《穿Prada的恶魔》
雅思口语范文:Mobil phone
雅思口语口语话题:体育明星
雅思口语范文:food
雅思口语范文:Hobbies
雅思口语范文:Married Person
雅思口语素材:A kind of transportation
雅思口语找谁练:找外教or靠自己?
雅思口语素材:名人名言-爱默生名言
雅思口语菜鸟级攻略(起步篇)
雅思口语范文:Most important invention
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |