President Donald J. Trump’s first annual budget proposal puts America first by reprioritizes spending in important ways. U.S. Congressman Brady (TX-08) released the following statement:
We finally have a President who is committed to restoring the American Dream. President Trump’s budget reduces government waste, slashes the national debt and uses fiscally conservative principles to pave the path towards a balanced budget that will deliver economic growth. Furthermore, it prioritizes the safety and security of our nation by rebuilding our military and securing the southern border. I look forward to passing a balanced, built for growth budget that moves our economy forward.
The graph below shows proposed changes over ten years:
Safety and Security
o $54 billion billion increase in military spending to fight terrorists lay the groundwork for a larger, more capable strategy-driven military.
o $300 million towards securing our southern border and immigration enforcement.
o Recruiting and hiring additional agents, officers, investigators, attorneys, and support staff at CBP and ICE.
Jobs and Growth
o This budget prioritizes reforming our broken tax code so workers can keep more of their hard-earned dollars.
o It also takes steps to protect workers and businesses by strongly enforcing our trade agreements and holding our trading partners accountable.
Regulatory and Entitlement Relief
Saves $274 billion over 10 years
o By placing an emphasis on reducing waste, fraud, and abuse, President Trump’s budget also takes steps to ensure every dollar invested in important federal programs is truly helping individuals and families.
o His budget also focuses on helping people in poverty find a job, earn a paycheck, and climb the economic ladder by rewarding work.
o Cutting Obama era regulations, which have generated annual cost savings of approximately $600 million to $1.2 billion per year.