Trump unveils $4.8 trillion budget that backtracks on deal with Congress
Story Date: 2/11/2020

 

Source: Niv Elis, THE HILL, 2/10/20
 

President Trump on Monday unveiled a $4.8 trillion budget proposal that includes spending cuts that would nullify a two-year deal negotiated with Congress last summer. The new budget for the 2021 fiscal year beginning in October includes $590 billion in non-defense spending and $740.5 billion in defense spending. The total $4.8 trillion figure also anticipates about $3.5 trillion in spending on Social Security, Medicare and other entitlements.

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