Donald Trump proposes a 10 per cent military spending increase, paid for by deep cuts elsewhere.
Washington, US (BBN) – US President Donald Trump is seeking to boost defence spending by 10 per cent in his proposed budget plan for 2018.
The blueprint will increase defence spending by $54bn (£43bn) but seeks to recoup that sum through deep cuts elsewhere, including to foreign aid, reports BBC.
Trump’s plan leaves large welfare programmes untouched, despite Republican calls for reform.
The president has consulted government agencies about his plans and will present his budget to Congress in May.
Between now and then, he needs to identify where the agencies can make savings and work out what he does with tax reform.
Republican John McCain said the $603bn defence budget – which was outlined by White House officials – would be insufficient.
Speaking at the White House during a meeting with state governors on Monday morning, Trump said: “We’re going to do more with less and make the government lean and accountable.”
The president, who vowed to increase military spending and preserve welfare programmes during his campaign, said the budget will focus on “military, safety, economic development”.
“It will include an historic increase in defence spending to rebuild the depleted military of the United States of America at a time we most need it,” he said.
Military spending has declined in recent years due to budgetary battles in Congress that led to a spending freeze on defence.
However, it is still not uncommon for Congress to approve procurement of tanks, aircraft and ships that the Pentagon says it doesn’t even need.
Trump’s proposal would return the US closer to wartime spending.
He also said he would spend “big” on infrastructure like roads and rails, but he has not yet revealed his tax plans.
Trump pledged to cut taxes during his presidential campaign, which would probably add to the national debt, a figure that could hit $20 trillion on his watch.
The White House sent Trump’s 2018 budget blueprint, which begins on 1 October, to federal agencies on Monday.
The agencies will then review the plan and propose changes to the cuts as the White House prepares for negotiations with Congress.
The Republican-controlled Congress must approve any federal spending.
Trump’s plan is expected to face backlash from Democrats and some Republicans over the planned cuts to domestic programmes.
Congresswoman Nita Lowey, the ranking Democrat on the House Appropriations Committee, said Trump’s plan is harmful to working families.
“We will fight tooth and nail to protect services and investments that are critical to hardworking American families and communities across the country,” she said.
No Subscription? You Are Missing Out!
Join the business leaders of Bangladesh who rely on BBN's original reporting and in-depth analysis on business scenario of the country. We send only one daily email. No Spam Guaranteed!