Winners and losers in Trump's budget blueprint - News Summed Up

Winners and losers in Trump's budget blueprint


Here’s a breakdown of all the “winners” and “losers” in Trump’s inaugural budget outline:WINNERSDefenseINCREASE: $52.3 billion, 10 percentThe $639 billion defense proposal should go over well with hawks such as Sen. John McCain, R-Ariz., who notably advocated for a $640 billion budget. StateDECREASE: $10.9 billion, 28.7 percentThe budget eliminates the Global Climate Change Initiative and ceases payments to United Nations climate change programs. EducationDECREASE: $9.2 billion, 13.5 percentThe budget eliminates numerous grants and programs, while safeguarding the Pell Grant program. CommerceDECREASE: $1.5 billion, 15.7 percentThe budget consolidates aspects of the Economics and Statistics Administration within other statistics agencies. TreasuryDECREASE: $519 million, 4.1 percentThe budget eliminates grants, shrinks the Federal workforce and “empowers the Treasury Secretary … to end taxpayer bailouts.”OTHER AGENCIES


Source: Fox News March 16, 2017 14:03 UTC



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