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Trump budget won't eliminate deficit: report

Trump budget won't eliminate deficit: report
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President TrumpDonald TrumpCaitlyn Jenner on Hannity touts Trump: 'He was a disruptor' Ivanka Trump doubles down on vaccine push with post celebrating second shot Conservative Club for Growth PAC comes out against Stefanik to replace Cheney MORE's budget will not wipe out the deficit, conceding that the tax-cut bill and new spending make that possibility unlikely, according to a new report in The Washington Post.

It's a significant departure for Trump and Republicans in Congress, who have passed balanced budgets in the past. Trump's new budget does propose cuts that would reduce the deficit by $3 trillion over a decade but stops short of balancing, say sources who spoke to the Post.

The proposal follows a budget deal for the next two years approved by the House and Senate that would add $300 billion in new spending.

A majority of Republicans backed the deal, but it was harshly criticized by many fiscal conservatives. Trump's own budget director, former Rep. Mick MulvaneyMick MulvaneyHeadhunters having hard time finding jobs for former Trump officials: report Trump holdovers are denying Social Security benefits to the hardest working Americans Mulvaney calls Trump's comments on Capitol riot 'manifestly false' MORE (S.C.), said that if he were still a member of Congress he would have voted against it.

Trump’s budget request is set for release Monday and will include $23 billion for border security and enforcement, as well as nearly $17 billion to address the opioid epidemic.

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In addition to programs included in the budget, Congress voted last week to approve an increase of roughly $300 billion in spending caps for fiscal 2018 and 2019.

Mulvaney, in an appearance on "Fox News Sunday" with Chris Wallace, also said the administration could “have a chance to change this [debt] trajectory.”

Some Republican lawmakers have been critical of spending since Trump took office.

Sen. Rand PaulRandal (Rand) Howard PaulSherrod Brown calls Rand Paul 'kind of a lunatic' for not wearing mask Overnight Health Care: WHO-backed Covax gets a boost from Moderna Vaccine hesitancy among lawmakers slows return to normalcy on Capitol Hill MORE (R-Ky.), who delayed a vote to keep the government open by railing against government spending, noted spending has not lessened since former President Obama left office. 

Rep. Mark MeadowsMark MeadowsBoehner finally calls it as he sees it Stephen Miller launching group to challenge Democrats' policies through lawsuits A year with the coronavirus: How we got here MORE (R-N.C.) on Sunday said Republican leadership “caved” in the recent budget deal, adding “the swamp won and the American taxpayer lost.”