Category: Federal Budget

Trump bizarrely boasts about the strength of the military to children at White House Easter Egg Roll

President Donald Trump on Monday welcomed children to the White House for the annual Easter Egg Roll with a bizarre rant about the strength of the American military.

In his address to the children at the event, Trump began by referring to the White House as “this house or building or whatever you want to call it because there is no name for it, it is special.” Trump then said that he and his staff keep the White House “in tip-top shape, we call it sometimes tippy-top shape, and it’s a great, great place.”

He then pivoted to talking about the military, which he said would soon be “at a level it’s never been before” and “you see what’s happening with funding” and “just think of $700 billion, because that’s what’s going into our military this year.”

[Raw Story]

Media

 

Trump’s border wall proposal is exactly what Ann Coulter pitched on Fox News Saturday night

On March 25, President Donald Trump released a cryptic tweet proposing to use funds dedicated to national defense to build a wall along the southern border, a plan conservative commentator Ann Coulter had proposed hours earlier on one of Trump’s favorite Fox News shows, Justice with Judge Jeanine.

On Sunday morning, Trump tweeted:

The tweet was widely interpreted as a proposal to use military funding to build a border wall, a proposal Coulter had made the night before on Justice with Judge Jeanine. The show’s host, Jeanine Pirro, is a longtime friend of Trump’s and has earned a special place on his watch list through her fawning coverage.

JEANINE PIRRO (HOST): What can the president do? What can the president do as commander-in-chief?

ANN COULTER: Look, on the day after his inauguration, it’s his authority under the Constitution that cannot be taken away from him by any legislature, by any court — I’m quite confident the Supreme Court would uphold this — to defend our borders. I mean, he has — the last war that had a declaration of war from Congress in it was World War II, and we engage in a lot of military actions around the world. I think it can be done right on our border as part of the defense. Have the Seabees do it. But if he needs to —

PIRRO: OK, so where does he get the money? Where does he get the money to build the wall that you can say he can build as national defense. Where does he take the money from?

COULTER: The same place Reagan took the money to invade Grenada. The same place he took the money to bomb Syria. He has money to spend on national defense, and this is a much bigger problem of national defense. This is our people being attacked with chemical warfare, not allegedly Syrians.

 

[Media Matters]

Media

Trump touts $1.6B for wall funding, blasts ‘Dem giveaways’

President Trump marked the $1.3 trillion budget agreement Wednesday night by touting funding for a wall on the southern border while blasting “Dem giveaways.”

“Got $1.6 Billion to start Wall on Southern Border, rest will be forthcoming,” Trump tweeted.

Most importantly, got $700 Billion to rebuild our Military, $716 Billion next year…most ever. Had to waste money on Dem giveaways in order to take care of military pay increase and new equipment.”

Trump also added that, “Democrats refused to take care of DACA. Would have been so easy, but they just didn’t care. I had to fight for Military and start of Wall.”

The Trump administration ended DACA — Deferred Action for Childhood Arrivals — last year. The program protected nearly 800,000 young undocumented immigrants brought to the US as children from deportation.

[New York Post]

Reality

From Daily Kos.

Donald Trump is trying to sell the spending bill as a victory for his precious border wall. As is so often the case, he’s lying and the real question is whether he’s lying more to himself or more to the rest of us. Trump tweeted that “Got $1.6 Billion to start Wall on Southern Border, rest will be forthcoming.” In reality:

… Democrats pointed out that only $641 million of that money is designated for 33 miles of “new fencing or levees” ― specifically not a concrete wall. The rest of the money is for repairing or replacing existing fencing or border security technology.

Not just Democrats, though:

“Are we going to continue to fund sanctuary cities? Are we going to continue to fund Planned Parenthood? Are we going to continue to raise the debt to levels that quite frankly are unsustainable and bankrupt our country?” [House Freedom Caucus Chair Mark Meadows] said. “There is really no wall funding. People will try to spin it as there is wall funding, but the [$1.6 billion] has been in there for some time.”

Trump Believes a Corporate Stock Market Rally Reduces Government National Debt

President Trump falsely claimed Wednesday that, “in one sense,” the stock market rally since his election reduces the $20 trillion national debt.

Let’s break down his astonishing claim.

“The country — we took it over, it owed $20 trillion,” Trump Sean Hannity of Fox News in Pennsylvania.

So far, so good. It’s correct that the U.S. owed nearly $20 trillion when Trump took office.

“As you know, the last eight years, they borrowed more than it did in the whole history of our country. So, they borrowed more than $10 trillion dollars, right?”

Also, more or less accurate — $9 trillion to be exact.

“And yet, we picked up $5.2 trillion just in the stock market. Possibly picked up the whole thing in terms of the first nine months in terms of value. So, you can say in one sense we’re really increasing values; and maybe in a sense we’re reducing debt.”

Huh? To say this is a head-scratcher is an understatement.

Trump is right that the stock market has added trillions in value since his election.

But higher stock prices reflect corporate profits. Shareholders and investors reap the rewards. When investors get richer, it does not reduce the amount of money Congress and the federal government has already spent and owes.

The national debt, which he correctly states is $20 trillion, is the result of the government spending more than it takes in. To cut the debt, Congress has to spend less or raise taxes. That would free up cash to pay down what the U.S. owes.

“The stock market’s gains have virtually nothing to do with the size of the national debt, which continues to rise because government spending far exceeds government receipts,” political economist Greg Valliere told CNNMoney.

“A higher stock market encourages consumers and companies to spend more, which helps the overall economy,” said Valliere of Horizon Investments. “But it’s absurd to contend that the national debt has fallen because of this.”

In fact, the president wants to cut taxes and potentially add to the debt if spending cuts cannot be found to offset those tax cuts.

The White House, in a statement, said Trump “was simply making the point that we’ve seen enormous growth in the stock market since his election, that means more money in the pocket of everyday citizens, and more circulating in our economy as a whole.”

As for that stock market rally, the Standard and Poor’s 500 is up nearly 20% since his election — an impressive rally. No question investors cheer this president’s pro-business, anti-regulation, lower taxes agenda. But under the Obama Administration that same index rose 235%. And no, that stock market rally did not reduce or offset the national debt either.

[CNN]

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Watch on CNN

Trump Blames Democrats for Shutting Down Park Service After Proposing Shutting Down Park Service

President Donald Trump uncorked a tweet storm on Thursday morning, lashing out at Democrats over a slew of different issues.

Trump’s Twitter tirade — six messages over the course of just two minutes — came a day before an expected congressional vote on appropriations that would seek to avoid a shutdown of the federal government.

The president’s tweets seemed to refer to threats by Democrats in Congress not to support that appropriations package if it does not include spending for Obamacare subsidies that lower the cost of out-of-pocket health expenses for low-income Americans.

If the government does not appropriate that money, which goes directly to insurers, those insurers that sell Obamacare plans will still be on the hook for the subsidies to customers, but will have to eat the cost of doing so.

But the tweeter in chief also teed off on Democrats on military spending, border security and national parks.

Reality

In Trump’s budget proposal to Congress, he suggested massive cuts of $1.5 billion dollars to the Department of the Interior which would have decimated the Parks Department.

 

Trump: ObamaCare Will Die Without ‘Big Money’

President Trump said early Sunday that ObamaCare will die “far sooner than anyone” thought if it doesn’t receive federal funds to keep it going.

The president’s message comes just days before the Democrats and Republicans must agree on a federal budget or face a government shutdown.

Both parties are pushing for funding of their own priorities. The White House is pushing for funds to build a wall along the Mexican border and enhance border security, while Democrats hope to make more inroads in healthcare coverage.

White House officials have been publicly talking about the negotiations Sunday morning.

Office of Management and Budget Director Mick Mulvaney said Sunday that a government shutdown is not a “desired end.” He dodged questions about what would be acceptable to the administration in negotiations.

Secretary of Homeland Security John Kelly said the president will be “insistent” on border wall funding.

Congress must pass a spending bill by Friday to avoid a government shutdown.

Reality

This is an apparent threat to the possibility of ending federal subsidies to help lower-income people buy health insurance. This will remove 24 million people from health care.

 

Trump Says Military is ‘Becoming Stronger Than Ever Before … We Have No Choice!’

President Trump on Sunday said the country has “no choice” but to continue building up its military.

“Our military is building and is rapidly becoming stronger than ever before,” the president tweeted Sunday.

“Frankly, we have no choice!”

The president often talks about building up the country’s military.

Recently, his administration has become increasingly involved in conflicts he previously said the U.S. should avoid, and the president is placing more power in the hands of military leaders.

Earlier this month, the U.S. launched a missile strike on a Syrian airfield in response to a chemical attack in northern Syria that killed dozens of civilians. The chemical attack was allegedly carried out by operatives of Syrian President Bashar Assad.

The U.S. military last week dropped a massive non-nuclear bomb on ISIS targets in Afghanistan, using the weapon for the first time ever.

The country has also stationed a naval strike force near North Korea.

The Trump administration earlier this year also proposed a budget that would increase defense spending by $54 billion, which the White House said would be offset by other cuts.

Trump’s Budget Director Convinced Him to Cut Key Program Because ‘He Didn’t Know’ What It Did

President Donald Trump’s proposed budget contained a lot of cuts to key programs that help Trump’s own voters, such as the Appalachian Regional Commission that has been responsible for helping slash high poverty rates in rural America.

In an interview with CNBC’s John Harwood, White House budget director Mick Mulvaney said that he was able to convince Trump to slash the Appalachian Regional Commission and similar programs in his proposed budget because he had no idea what the program did.

“My guess is he probably didn’t know what the Appalachian Regional Commission did,” Mulvaney said of Trump. “I was able to convince him, ‘Mr. President, this is not an efficient use of the taxpayer dollars. This is not the best way to help the people in West Virginia.’ He goes, ‘Okay, that’s great. Is there a way to get those folks the money in a more efficient way?’ And the answer is yes. And that’s what’s we’re going focus on doing.”

Harwood then asked Mulvaney if Trump was aware that his budget cuts might hurt his own voters — and Mulvaney responded that the best way to help all voters was to spur higher economic growth.

“I think what the president will tell you is, ‘The best thing I can do for those folks, whether or not they voted for me, is to figure out a way to get 3.5 percent economic growth,’” he said.

Elsewhere in the interview, Mulvaney said he’s working on getting Trump on board with making some changes to Social Security, including the disability benefits program, which he said has “become effectively a long-term unemployment, permanent unemployment program.”

(h/t Raw Story)

Trump to Spend 7th Consecutive Weekend at Trump-Branded Property, at Enormous Cost to Taxpayers

President Trump doesn’t want to spend federal dollars on after-school programs, meals for poor people, or heating assistance that helps keep folks alive.

But he has no problem wasting more than $3 million a pop to spend weekends at his private Mar-a-Lago club in Florida. Trump has already made four trips there since becoming president on January 20, and on Friday he confirmed he’s headed there this weekend for the fifth time.

Despite vowing during his campaign that he “would rarely leave the White House because there’s so much work to be done” and “would not be a president who took vacations” because “you don’t have time to take time off,” Trump has visited Trump-branded properties each of the past six weekends. That streak will hit seven when Trump lands at Mar-a-Lago later Friday.

In fact, Trump has spent time at Trump-branded property every weekend of his presidency other than the very first, when he created chaos throughout the country by signing a Muslim ban executive order that was later stayed by a federal court.

As Quartz reported on Friday, after this weekend, Trump will have already spent about $16.5 million on trips to Mar-a-Lago. For that amount, Meals on Wheels could feed 5,967 seniors for a year and after school programs could feed 114,583 children for a year.

On Thursday, Office of Management and Budget director Mick Mulvaney defended the draconian cuts included in the Trump administration’s proposed budget by arguing that the federal government can’t ask “a coal miner in West Virginia or a single mom in Detroit to pay for” programs like the Corporation for Public Broadcasting. But one wonders whether those struggling Americans would rather have public radio or dole out their share of the $3.3 million a self-proclaimed billionaire is spending each weekend to mingle with his ludicrously wealthy club members down in Florida.

(h/t ThinkProgress)

Media

Trump Budget May Cut State Department Anti-Semitism Positions

President Trump’s first budget may eliminate special envoy positions at the State Department for combating anti-Semitism, according to a new report.

Trump’s plan may also cut the agency’s diplomatic staff dedicated to addressing climate change and conducting outreach to Muslim communities, Bloomberg said Monday.

Bloomberg said it confirmed the possibility with people familiar with the Trump administration’s plans for State.

Trump is also expected to eliminate one of the agency’s deputy secretary positions and reassign the staff elsewhere, it said.

The role in question oversees State’s management and resources, Bloomberg added, and the agency’s foreign aid is under similar scrutiny for potential cuts.

The administration announced earlier Monday that it is proposing a budget to increase defense spending by $54 billion by reducing spending elsewhere.

Reports emerged the same day Trump is expected to demand major reductions at State and the Environmental Protection Agency (EPA) to fund his defense spending boost.

Trump is reportedly seeking major cuts to the EPA’s climate change programs and foreign aid through State.

Office of Management and Budget officials have not specified where the overall reductions would occur, but reports have said State’s budget could be slashed by up to 30 percent.

The EPA’s reductions are less severe, with as much as 24 percent of its budget possibly getting trimmed.

More than 120 retired generals and admirals urged Congress Monday not to slash funding for State’s diplomacy and foreign aid.

“The State Department, USAID, Millennium Challenge Corporation, Peace Corps and other development agencies are critical to preventing conflict and reducing the need to put our men and women in uniform in harm’s way,” they wrote.

“We urge you to ensure that resources for the international affairs budget keep pace with the growing global threats and opportunities we face. Now is not the time for retreat.”

Monday’s letter included such notable signatories as former CIA director and retired Gen. David Petraeus and former National Security Agency head and retired Gen. Keith Alexander.

Trump has reportedly instructed his Cabinet and administration officials to prepare budget requests for a first outline, expected March 13.

(h/t The Hill)

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