Yesterday evening, President Trump and his Administration released their proposed budget. The budget blueprint gives a good indication of the Administration's priorities and how it sees the roles of the various federal departments and agencies. The proposal would cut substantial funding across most agencies with only the Department for Homeland Security, Defense Department, and the Department of Veteran Affairs seeing increases in their budgets. The focus on military and security is in line with the Trump Administration's messaging. Cuts range from a 1% proposed cut in NASA's funding to a 31% reduction in the EPA's budget. Of interest in IMA-NA members, the Labor Department under the Trump Administration's proposed plan would see a budget reduction of 21% and the Department of Interior would see a 12% cut. The President's proposed budget gives Congress an the country an idea of priorities of the new Administration. Congress has authority over discretionary spending, but will need to keep this proposal in mind as they work on setting a budget as President Trump will have the opportunity to either veto or sign off on the final budget.
To read the America First budget blueprint click here.