McConnell Reports 'Encouraging' Signs In Trump Budget, Dems Decry Cuts

Likewise, the president's first budget proposal would include a significant cut in assistance to Latin American countries, especially Mexico and Central America, with whom the United States shares a cooperation program through funds dedicated to drug prevention, security or democracy programs in the area, as reported by EFE.

Trump's budget would slash spending on these programs by $616 billion over the next 10 years.

The budget envisions changes to the President's Emergency Plan for AIDS Relief (PEPFAR) program, a cornerstone of U.S. global health assistance, which supports HIV/AIDS treatment, testing and counselling for millions of people worldwide.

The domestic spending cuts would be redirected to a large increase in defense, border security, and immigration enforcement spending.

NBC News examined the states with populations that benefit the most from the programs and would experience cuts under the proposed budget. Defense spending would increase by $52 billion over the current year, including money earmarked for Trump's campaign promise of a wall along the Mexican border.

Trump's proposal foresees selling half of the US emergency oil stockpile, created in 1975 after the Arab oil embargo caused fears of price spikes.

The budget relies on faster economic growth and steep cuts to programs for the poor in a bid to balance the government's books over the next decade.

Parental leave: A new program promoted by Trump's daughter Ivanka would spend $19 billion to give six weeks of paid leave to new parents. But they also promised their focus is on "providing veterans with the most efficient and effective care and benefits", and proposes several trade offs to pay for program expansions.

-Doctors: The budget proposes to cap jury awards in medical malpractice lawsuits.

"Have to do it. Get rid of the fraud".

Medicaid cuts: Trump's budget, operating on the assumption that the Republican health care bill would officially pass, proposed slashing funding for Medicaid by 47 percent. These programs provide health insurance for millions of poor families.

It would impose more stringent work requirements and limits on those receiving aid, including disability and food stamps, now known as the Supplemental Nutrition Assistance Program, or SNAP.

A Trump administration official called the release of the president's 2018 budget proposal a fulfillment of promises.

The budget includes a $200 billion increase in infrastructure spending over the next decade. USA funding for worldwide peacekeeping would fall to about $1.5 billion, a cut of over 50 percent from 2017 levels.

Defending $190 billion in cuts to food stamps and $72 billion from Social Security disability payments - an apparent violation of Trump's campaign promise to not touch Social Security - Mulvaney argued: "That is how you can help people take charge of their own lives again". Social Security's trust funds are projected to run dry in 2034 and Medicare's is projected to run out of money in 2028. He specifically cited a musical on climate change funded by a National Science Foundation grant, a popular talking point with conservatives.

"While it is certainly possible to attain above-trend growth in any given year, it is not fiscally responsible to base a budget on the assumption that such growth can be maintained permanently", said Robert Bixby, executive director of the Concord Coalition, a fiscal watchdog group.

-Planned Parenthood: The budget would prohibit any funding for certain entities that provide abortions, including Planned Parenthood.

Titled "The New Foundation of American Greatness", the plan sets funding levels for the State Department and the Agency for International Development - the lead USA agency for foreign aid and development - at $37.6 billion for next year.