The Trump White House said Monday it will send lawmakers a proposal to slash $15 billion in unused funds, leaving the $1.3 trillion spending bill unchanged. The multibillion-dollar roster of proposed spending cuts comes from leftover funding from previous years. The senior official described the proposed cuts as money that sits in an account, and is important to get off the books. In response, White House budget director Mick Mulvaney cleansed the measure of cuts to the huge omnibus bill. Now he says he’s planning to submit several different packages of spending cuts — and it’s likely they’ll get more conservative with each new proposal.

Source: Fox News May 08, 2018 02:15 UTC