Trump budget won't eliminate deficit: report

Trump budget won't eliminate deficit: report
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President TrumpDonald John TrumpAlaska Republican Party cancels 2020 primary Ukrainian official denies Trump pressured president Trump goes after New York Times, Washington Post: 'They have gone totally CRAZY!!!!' 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 MulvaneyJohn (Mick) Michael MulvaneyTrump judicial picks face rare GOP opposition Trump administration asks Supreme Court to take up challenge to consumer bureau NOAA chief praises agency scientists after statement backing up Trump tweet 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 PaulOn The Money: House votes to avert shutdown, fund government through November | Judge blocks California law requiring Trump tax returns | Senate panel approves three spending bills Paul objection snags confirmation of former McConnell staffer Defense bill talks set to start amid wall fight 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 Randall MeadowsClarence Thomas, Joe Manchin, Rudy Giuliani among guests at second state visit under Trump The Hill Interview: Sanford says Trump GOP doing 'serious brand destruction' GOP signals unease with Barr's gun plan MORE (R-N.C.) on Sunday said Republican leadership “caved” in the recent budget deal, adding “the swamp won and the American taxpayer lost.”