The draft budget of the U.S. President : Trump wants more money for defense, less for social assistance

US President Donald Trump has submitted a 4.7-trillion-U.S.-Dollar budget proposal for fiscal year 2020 that provides for more spending for defense. According to the will of the White house, the defense budget will increase by five percent to $ 750 billion (669 billion Euro). The government headquarters in the areas of environment, health and social welfare wants to swipe money, including 845 billion for the health insurance "Medicare". The Budget of the Ministry of foreign Affairs and development aid Agency, USAID, is to be reduced by 23 percent.

Trump insists, moreover, on billion for the construction of a wall on the border to Mexico, his Central campaign promises. For additional 8.6 billion dollars are provided for in the design. If Trump gets the money, however, is questionable. U.S. presidents have traditionally placed their own Etatentwürfe, but first and foremost, pure desire catalogs.

It is considered unlikely that trump's Plan is being implemented in this Form. The budget law lies with the Congress, and the Democrats have since the beginning of the year, the majority in the house of representatives. The democratic Chairman of the chamber, Nancy Pelosi, described the planned cuts on Monday as a "ruthless and short-sighted" and announced that the design does not support it.

In the case of the total debt of the United States are currently at record levels

If the White house and the Congress, not until the end of September on a new budget that once again threatens a shutdown of the government. Because of a dispute in order to Trump the required wall it had come a few weeks ago to the longest Shutdown in the history of the country. Several Hundred government employees were forced to work without pay, or on furlough, to endure.

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Overview of the editor Stephan-Andreas Casdorff on the issues of the day from politics and Economics

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does not balance the proposal by The White house aims to balance the budget within Trumps office. The total debt of the United States are currently at record levels. Almost four weeks ago, the financial had informed the Ministry that the total debt of the US increased Federal budgets on more than $ 22 trillion. Finally, the debt of the US Federal budget climbed in the first four months (October to January) of the current financial year to 77 percent.

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The acting Director of the budgetary authority, in Russ Vought, made on Monday, the democratic predecessor government for the high deficit is responsible. Observers are of the view that trump has contributed to the tax reform significantly. (dpa)