President Donald J. Trump is Promoting a Fiscally Responsible and Pro-American 2020 Budget | Eastern NC Now

Press Release:

    "America is roaring back, and now is the time to invest in the future of America."  -  President Donald J. Trump

    FURTHERING OUR ECONOMIC PROSPERITY: President Donald J. Trump's budget request will continue our economic resurgence while furthering his vision to reduce spending and invest in America.

          •  The Trump Administration's pro-growth policies have unleashed the American economy, creating millions of jobs and resulting in historically low unemployment.

          •  However, the national debt - currently more than $22 trillion - remains a grave threat to our economic and societal prosperity.

          •  This budget will address the national debt crisis while still investing in critical American priorities that will allow America to further excel in the future.

    RESPONSIBLE BUDGETING: President Trump's budget request promotes responsible Government spending by prioritizing effective programs and cutting waste.

          •  The budget reduces nondefense programmatic spending by 5 percent below the 2019 cap level.

          •  Proposes policies to shrink or eliminate Federal programs that fail to deliver desired outcomes for the American people.

          •  Reduces spending by $2.7 trillion over 10 years, shrinking the deficit from nearly 5 percent of GDP in 2020 to under 1 percent of GDP in 2029.

          •  Puts the Federal budget on a path to balance within 15 years.

          •  Sticks to the current discretionary spending caps while also providing additional defense resources through investments in Overseas Contingency Operations and emergency funding.

                •  Allows us to fund our national security needs while avoiding a costly "cap deal," which would increase defense and nondefense spending.

    INVESTMENT IN AMERICA: President Trump's budget request reflects his commitment to defending our Nation, ending the opioid epidemic, and building a strong American workforce.

          •  $32.5 billion for border security and immigration enforcement activities to help manage the immigration crisis on the United States southern border, including:

                •  $8.6 billion for the border wall, funded by Department of Defense (DOD) and Department of Homeland Security (DHS).

                •  $478 million to hire 1,750 additional Customs and Border Protection (CBP) and Immigration and Customs Enforcement (ICE) law enforcement officers.

                •  $2.7 billion in funding for 54,000 ICE immigration detention beds.

          •  $750 billion for national defense - including $718 billion for DOD to pursue the National Defense Strategy.

                •  Priorities include: strategic competition with Russia and China, countering rogue regimes such as North Korea and Iran, defeating terrorist threats, and consolidating gains in Iraq and Afghanistan.

          •  $80.2 billion to fund Department of Veterans Affairs (VA) medical care requirements in 2020.

                •  Fully supports implementation of the historic VA MISSION Act to provide veterans greater choice on where they receive their healthcare, including at a private provider.

          •  $330 million for the Department of Justice to aid State and local efforts to fight the opioid crisis.

          •  The budget promotes quality education and job training, holds higher education institutions more accountable, and expands Pell Grants to high-quality short-term training programs.

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