It’s difficult to see through all the red ink, but President Trump’s proposed $4.38 trillion budget for fiscal 2019 contains consistent conservative policy solutions for the years ahead, such as beefing up the military and border security, trimming domestic spending across the board, containing the cost of most entitlement programs and slashing foreign aid.
After the next fiscal year, which begins Oct. 1, Mr. Trump would impose a “two-penny” rule on most domestic discretionary spending, cutting social programs by 2 percent per year, or two cents for every dollar spent. Over 10 years, the White House said, it would save taxpayers $1.5 trillion.
The president would curb the costs of Medicare, Medicaid and other entitlement programs except Social Security by $1.7 trillion over a decade, by giving states more flexibility to devise programs more targeted to the neediest citizens. He would cut $675 billion over a decade by repealing Obamacare, another entitlement program.
Cuts are proposed for food stamps and other welfare benefits, federal aid to education, and health care organizations that provide abortions. The budget would eliminate federal funding for public media.
Instead of granting all federal civilian employees an automatic pay raise next year, the White House is proposing to create a $1 billion fund for managers to give out performance-based pay raises. White House Budget Director Mick Mulvaney said more than 99 percent of federal employees currently get performance-based raises automatically.