Breaking News
Investing Pro 0
🙌 It's Here: the Only Stock Screener You'll Ever Need Get Started

Trump budget asks more than $200 billion for infrastructure, border security: budget director

Published Feb 11, 2018 09:07PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. White House budget director Mick Mulvaney speaks at the White House in Washington

By Katanga Johnson

WASHINGTON (Reuters) - The White House said on Sunday its budget proposal would include $200 billion for infrastructure spending and $23 billion for enhanced border security to help fulfill campaign promises by U.S. President Donald Trump.

The budget plan to be released on Monday also proposes a $3 trillion deficit cut over 10 years, White House Budget Director Mick Mulvaney said in a statement.

“Just like every American family, the Budget makes hard choices: fund what we must, cut where we can, and reduce what we borrow," Mulvaney added.

He said the plan would also request federal funds for opioid treatment programs and improving the health of military veterans.

Presidential budgets carry no enforcement mechanism and are viewed largely by Congress as suggestions.

Topping the priorities in the budget plan is the $200 billion request in federal funds to spur about $1.5 trillion in infrastructure investments with state, local and private partners, Mulvaney said.

Following last week's congressional passage of a two-year spending plan, Mulvaney said the administration was also seeking "$21 billion to jumpstart key elements of the infrastructure initiative."

The budget plan will request more than $23 billion for border security and immigration enforcement, including $18 billion over two years to build a border wall with Mexico, Mulvaney said.

Trump has promised to build the border wall to keep out illegal immigrants and drug smugglers. Democrats oppose funding the wall, which they view as unnecessary.

The budget proposal also includes $782 million to hire and support 2,750 additional officers and agents at U.S. Customs and Border Protection (CBP) and U.S. Immigration and Customs Enforcement (ICE), Mulvaney said.

Coupled with that proposed spending is a $2.7 billion request to pay for what the White House called an "average daily detention capacity of 52,000 illegal aliens at ICE, the agency’s highest-ever detention level."

The budget also seeks $85.5 billion in discretionary funding for veteran health services, including homelessness programs, readjustment counseling and vocational rehabilitation.

The budget request will be delivered to Congress only days after Trump signed into law a bipartisan spending agreement hammered out by lawmakers that will increase domestic spending by $300 billion over two years - including $165 billion in defense spending and $131 billion in non-military domestic spending.

Mulvaney said earlier on Sunday that all that money did not need to be spent.

Trump budget asks more than $200 billion for infrastructure, border security: budget director
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email