Industrial Complex is Back: Trump Unveils His Budget Plan

Industrial Complex is Back: Trump Unveils His Budget Plan

The White House's proposed 2018 budget for the agency comes as Trump seeks to clear away regulations he claims are hobbling US businesses - like oil drillers and coal miners. Increases in defense spending could have a positive economic impact on the state's large military presence.

The wall will get $1.5 billion in 2017 Mulvaney said that alongside the 2018 blueprint, OMB will also roll out a 2017 supplemental budget that requests an additional $30 billion for DoD and DHS, including $1.5 billion in funding for Trump's proposed border wall.

Trump will deliver his budget proposal to Congress on Thursday, and nearly every federal agency is facing changes in their financing, according to the new plan.

The problem that most defense analysts see is that under Trump's plan the United States will be decreasing global involvement, so why is there a pressing need to build more destroyers and submarines?

Much of the reduction in State Department funding reflects big cuts in foreign aid. In Trump's budget proposal, while the Interior Department, Housing and Urban Development, and the Agriculture Department take major hits, Social Security, Medicare, and Medicaid, remain intact.

The White House budget blueprint also does not reflect possible tax cuts or the passage of the health care bill now working its way through Congress.

The plan will include a 6 percent increase for the Department of Homeland Security, which is leading the administration's effort to crack down on immigrants in the country illegally.

All of this means that Trump, as some suggested earlier, is a President who represents the U.S. military-industrial complex. But we don't balance the budget, but we do reprioritize spending, and that's the message to Congress.

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Office of Management and Budget Director Mick Mulvaney debuted what he called the "blueprint" for the Trump administration's fiscal 2018 budget on Thursday, outlining a heady mix of new initiatives and spending cuts.

Trump, left, speaks from the East Room. However, dramatic decreases in environmental regulations are merely a reflection of his broader agenda of deregulating the economy, as in case with oil and pipelines, for example.

"We will see whether that budget can garner support of Republicans, much less Democrats", said Rep. Steny Hoyer of Southern Maryland, the House Democratic Whip.

In addition, departments, programs, expenditures and tax cuts come with an army of lobbyists paid to make sure few changes are made, and those that are enacted come with greater government largess, not less.

Trump's first budget will also feature substantial increases in spending for the Department of Defense, Department of Homeland Security, law enforcement and school choice.

Meanwhile Wednesday, Trump met with auto industry representatives in Detroit, where he said his plans to re-examine federal fuel efficiency standards would spark a revival of American-produced vehicles. It will be limited to the discretionary, $1 trillion-plus portion of the $4 trillion annual federal budget that pays for Cabinet agencies and departments.

"You can't drain the swamp and leave all the people in it", Mulvaney remarked. Combined with the $60 billion for the war fund projected by the Obama administration, that would have meant a $700 billion defense budget. Funding to multilateral development banks, including the World Bank, would be cut by approximately $650 million over three years.

As for the Environmental Protection Agency, Mulvaney asserted that despite the budget cut (reportedly 31 percent) its "core function" will not be endangered. "Even though it's a Republican Congress with a Republican president, a lot of what's in the budget is extremely popular politically and the cuts are never going to see the light of day".