Trump to Propose 10% Defense Increase in Budget Plan, Aides Say
- Officials say budget targets being sent to federal agencies
- Social Security, Medicare left out of planned reductions
President Trump Preps Budget, Message to Congress
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President Donald Trump will propose boosting defense spending by $54 billion in his first budget plan, offset by an equivalent cut from the rest of the government’s discretionary budget, according to administration officials.
Most federal agencies other than those involved in security will see their budgets reduced to make room for 10 percent higher spending on defense, said the officials, who briefed reporters on condition of anonymity. The cuts won’t affect entitlements, including Social Security and Medicare, which make up about two-thirds of the $4 trillion federal budget. Trump has said he won’t touch either program.