Trump’s budget ‘waste of money’ – CNN
President Donald Trump’s new budget would cut spending by more than $1.5 trillion, according to a report from the nonpartisan Committee for a Responsible Federal Budget.
The report estimates that $1,600 for every family in the U.S. would be lost in 2020 under the plan.
The plan would also eliminate the Consumer Financial Protection Bureau and eliminate the Department of Education, among other programs.
The budget would also cut spending on health care and the Supplemental Nutrition Assistance Program (SNAP), which provides food to millions of low-income Americans.
“These budget cuts are a waste of money that will have a devastating impact on low- and moderate-income families,” Sen. Ron Wyden, a Democrat from Oregon, said in a statement.
“The president should stop playing politics and immediately reverse these cuts.
This is the wrong budget for our economy and the country.”
The Senate Finance Committee approved the budget by a vote of 30-11 on Monday.
The Trump administration has been struggling to come up with a plan to fill several key roles in the government.
The president has threatened to cut spending for military operations, the State Department, the Environmental Protection Agency and the National Institutes of Health, and has called for cuts to programs for the disabled, veterans and children.
The Republican-controlled Congress is expected to vote on the budget next week, but Senate Minority Leader Chuck Schumer, D-New York, said the White House is working with Democrats to make sure it doesn’t go to the White Trumpet.
“If the president wants to continue to pursue cuts and slash the federal budget to its pre-election low levels, he needs to follow through on his promise,” Schumer said in an emailed statement.
Trump has also been trying to sell the budget to voters as a job-creation plan.
“We will create millions of new jobs and reduce our national debt to less than $20 trillion by 2020,” Trump said in his State of the Union address.
The President’s budget is not the first time Trump has been trying for fiscal discipline.
He also tried to cut taxes by nearly $1 trillion over 10 years.
The spending cuts were not enough to help him pass the first major piece of legislation, the American Health Care Act, and the Republican-led House passed a version of the bill.
The bill, however, faced an immediate backlash from the Trump administration and other GOP lawmakers.
House Speaker Paul Ryan said in October that the Senate had to do more to get the bill through the House and Senate before the tax bill could be signed into law.