President Donald Trump has released his 2018 budget proposal for the U.S. government. With Trump’s promise to decrease taxes while lowering America’s national deficit, the 2018 budget will play a pivotal role in determining his ability to deliver on this statement.
A review of the 2018 proposed budget compared to 2017 is shown in the graph below.
Even with steep cuts to most Departments and Agencies, Trump’s overall proposed budget is only a .3% decrease from the 2017 budget. This is primarily caused by a proposed increase to Defense spending ($52 billion increase) as well as Homeland Security ($3 billion increase).
Let’s review the potential implications of Trump’s main proposed budget cuts to the Cabinet Departments and Agencies.
The Department of Agriculture (USDA) oversees sustainable agricultural production, protects the long-term availability of food and safeguards America’s forests and grasslands. It also plays a role in food safety and nutrition.
Trump proposes to cut the USDA funding by $4.7 billion, a decrease of 21%, to $17.9 billion. The proposed funding would have the following impact:
The Department of Commerce promotes job creation and economic growth. Trump proposes to cut Commerce funding by $1.5 billion, a 16% decrease, to $7.8 billion. The proposed funding would have the following impact:
The Department of Education promotes student achievement and access to educational opportunities. Trump proposes to cut Education funding by $9 billion, a 13% decrease, to $59 billion. The proposed funding would have the following impact:
The Department of Energy ensures security and prosperity by overseeing energy, environmental and nuclear assets. Trump proposes to cut DOE funding by $1.7 billion, a decrease of 5.6%, to $28 billion.
It is worth noting that the proposed budget would redistribute funds for Department of Energy by increasing funds to the National Nuclear Security Administration while cutting other DOE programs by 17.9%. The proposed funding would have the following impact:
The Department of Health and Human Services (HHS) is in charge of enhancing the health and well-being of Americans through sustained advances in the sciences of medicine, public health and social services. Trump proposes to cut HHS funding by $15.1 billion, a decrease of 17.9%, to $69 billion. The proposed funding would have the following impact:
The Department of Housing and Urban Development (HUD) promotes safe and affordable housing for Americans and access to homeownership opportunities. Trump proposes to cut HUD funding by $6.2 billion, a decrease of 13.2%, to $40.7 billion. The proposed funding would have the following impact:
The Department of Justice (DOJ) enforces the laws and defends the United States’ interests. Trump proposes to cut DOJ funding by $1.1 billion, a decrease of 3.8%, to $27.7 billion. The proposed funding would have the following impact:
The Department of Labor promotes the welfare of American workers and retiree’s by overseeing working conditions, benefits and wages. Trump proposes to cut Labor funding by $2.5 billion, a decrease of 21%, to $9.6 billion. The proposed funding would have the following impact:
The Department of State leads the country in foreign policy issues. Trump proposes to cut State Department funding by $11 billion, a decrease of 28%, to $27.1 billion. The proposed funding would have the following impact:
The Environmental Protection Agency (EPA) is focused on protecting the environment and human health. Trump proposes to cut EPA funding by $2.6 billion, a decrease of 31%, to $5.7 billion. The proposed funding would have the following impact:
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President Donald Trump has released his 2018 budget proposal for the U.S. government. With Trump’s promise to decrease taxes while lowering America’s national deficit, the 2018 budget will play a pivotal role in determining his ability to deliver on this statement.
A review of the 2018 proposed budget compared to 2017 is shown in the graph below.
Even with steep cuts to most Departments and Agencies, Trump’s overall proposed budget is only a .3% decrease from the 2017 budget. This is primarily caused by a proposed increase to Defense spending ($52 billion increase) as well as Homeland Security ($3 billion increase).
Let’s review the potential implications of Trump’s main proposed budget cuts to the Cabinet Departments and Agencies.
The Department of Agriculture (USDA) oversees sustainable agricultural production, protects the long-term availability of food and safeguards America’s forests and grasslands. It also plays a role in food safety and nutrition.
Trump proposes to cut the USDA funding by $4.7 billion, a decrease of 21%, to $17.9 billion. The proposed funding would have the following impact:
The Department of Commerce promotes job creation and economic growth. Trump proposes to cut Commerce funding by $1.5 billion, a 16% decrease, to $7.8 billion. The proposed funding would have the following impact:
The Department of Education promotes student achievement and access to educational opportunities. Trump proposes to cut Education funding by $9 billion, a 13% decrease, to $59 billion. The proposed funding would have the following impact:
The Department of Energy ensures security and prosperity by overseeing energy, environmental and nuclear assets. Trump proposes to cut DOE funding by $1.7 billion, a decrease of 5.6%, to $28 billion.
It is worth noting that the proposed budget would redistribute funds for Department of Energy by increasing funds to the National Nuclear Security Administration while cutting other DOE programs by 17.9%. The proposed funding would have the following impact:
The Department of Health and Human Services (HHS) is in charge of enhancing the health and well-being of Americans through sustained advances in the sciences of medicine, public health and social services. Trump proposes to cut HHS funding by $15.1 billion, a decrease of 17.9%, to $69 billion. The proposed funding would have the following impact:
The Department of Housing and Urban Development (HUD) promotes safe and affordable housing for Americans and access to homeownership opportunities. Trump proposes to cut HUD funding by $6.2 billion, a decrease of 13.2%, to $40.7 billion. The proposed funding would have the following impact:
The Department of Justice (DOJ) enforces the laws and defends the United States’ interests. Trump proposes to cut DOJ funding by $1.1 billion, a decrease of 3.8%, to $27.7 billion. The proposed funding would have the following impact:
The Department of Labor promotes the welfare of American workers and retiree’s by overseeing working conditions, benefits and wages. Trump proposes to cut Labor funding by $2.5 billion, a decrease of 21%, to $9.6 billion. The proposed funding would have the following impact:
The Department of State leads the country in foreign policy issues. Trump proposes to cut State Department funding by $11 billion, a decrease of 28%, to $27.1 billion. The proposed funding would have the following impact:
The Environmental Protection Agency (EPA) is focused on protecting the environment and human health. Trump proposes to cut EPA funding by $2.6 billion, a decrease of 31%, to $5.7 billion. The proposed funding would have the following impact:
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