Trump budget won't eliminate deficit: report

Trump budget won't eliminate deficit: report
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President TrumpDonald John Trump Trump responds to calls to tear down monuments with creation of 'National Garden' of statues Trump: Children are taught in school to 'hate their own country' Trump accuses those tearing down statues of wanting to 'overthrow the American Revolution' 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 MulvaneySupreme Court ruling could unleash new legal challenges to consumer bureau Bottom line White House goes through dizzying change in staff 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 PaulRand Paul's exchange with Fauci was exactly what America needed GOP Arizona lawmaker says Fauci and Birx 'undermine' Trump's coronavirus response Fauci: 'We are not going in the right direction' 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 MeadowsAtlanta airport checkpoint closed after worker tests positive for coronavirus House Republicans urge White House to support TSA giving travelers temperature checks The Hill's Morning Report - Republicans shift, urge people to wear masks MORE (R-N.C.) on Sunday said Republican leadership “caved” in the recent budget deal, adding “the swamp won and the American taxpayer lost.”