Registration was successful!
Please follow the link from the email sent to

Trump Asks All Cabinet Members to Reduce Budget Spending by 5 Percent in 2019

© Sputnik / Serguey Guneev / Go to the photo bankUS President Donald Trump
US President Donald Trump - Sputnik International
Subscribe
WASHINGTON (Sputnik) - US President Donald Trump during a meeting on Wednesday asked all Cabinet secretaries to cut their budgets for 2019 by 5 percent.

"I'd like you all to come back with a five percent cut and I think if you can do more than that we will be very happy," Trump told the cabinet members.

Trump explained that some secretaries can deliver greater cuts in spending than the specified 5 percent and emphasized his request was of high importance.

The Critical Hour - Sputnik International
Epic Fail: Trump's Tax Cut Create Largest Federal Deficit in Over a Decade
The US president called the proposal a One-Year Nickel Plan to balance the budget similar to the Penny Plan he adopted in 2017.

READ MORE: Trump Wants to Compete With Russia in Energy Sector

The Penny Plan called on the US Congress to decrease discretionary spending by 1 percent every year.

Trump noted that his strategy was first to take care of the defense sector, resulting in a boost for the Defense Department budget that totals $716 billion for the next year.

Trump said the time has come now to take care of other government departments.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала