Budget Cuts by President Trump Take $1.4 Trillion in Non-Defense Agencies

BROADBAND BREAKFAST INSIGHT: The best time to release a budget? When the president is away on a foreign trip! Trump to Propose $1.4 Trillion in Cuts to Non-Defense Agencies, from GovExec President Trump, in budget documents to be released on Tuesday, will propose shrinking spending at non-defense ag

BROADBAND BREAKFAST INSIGHT: The best time to release a budget? When the president is away on a foreign trip!

Trump to Propose $1.4 Trillion in Cuts to Non-Defense Agencies, from GovExec

President Trump, in budget documents to be released on Tuesday, will propose shrinking spending at non-defense agencies by $1.4 trillion over the next 10 years, with his administration acknowledging it had to make many “hard choices” to fulfill a promise to deliver a balanced budget.

The long-term spending projections make the previously announced $54 billion in cuts in discretionary spending at domestic agencies a small down payment on the reductions that would get larger each year through fiscal 2027. The administration will pursue a “two-penny plan,” Office of Management and Budget Director Mick Mulvaney said Monday, meaning it will impose an annual 2 percent reduction in non-defense discretionary spending.

The cuts will include shrinking the federal workforce. The documents the White House provided Monday did not spell out specific targets—OMB has said each agency will make its own determinations for how to slash their rolls—but did note that shedding employees would be part of the immediate cuts.

[more…]

Source: Trump to Propose $1.4 Trillion in Cuts to Non-Defense Agencies – Management – GovExec.com

Popular Tags