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Trump's 2020 budget request to seek $8.6 billion for border wall

Trump's 2020 budget request to seek $8.6 billion for border wall

FILE- In this December 3, 2018, file photo White House chief economic adviser Larry Kudlow talks with reporters about trade negotiations with China, at the White House in Washington. We have a crisis down there.

"I suppose there will be", he told "Fox News Sunday". The White House budget blueprint is sure to hit a wall of opposition from Democrats and encounter resistance from Republicans as well. They said lawmakers were prepared to block his demand this time as well. Several lawmakers have said they expect the debt ceiling to be raised as part of a broader budget deal this summer or fall. It proposes $2.7 trillion in budget cuts over the next 10 years, which is still not enough to close the Trump-sized hole the tax cuts have created. We need a budget that works for all Americans, not just Trump and his billionaire friends.

That previous request led to an impasse that resulted in a 35-day partial shutdown of the United States government, the longest ever. Eventually, Trump relented and reopened the government. The IMF anticipates USA growth to decline to 2.5 per cent this year and soften further to 1.8 per cent in 2020 as the fiscal stimulus of the Republican-backed tax cuts fade.

Trump's proposal for the fiscal year that begins October 1 includes $8.6 billion to build the U.S-Mexico border wall.

The Democratic-controlled House voted last month by 245-to-182 to nullify Trump's emergency declaration. Republicans control the Senate. It was immediately panned by Democrats, who control the House of Representatives and blocked Trump's push for border wall funding in a standoff that led a year ago to a five-week partial federal government shutdown.

The increasingly ambitious cuts to Medicare in the White House budget reflect the administration's narrowing budget math, as the federal deficit has continued to balloon under its watch.

The proposal will also include $1 billion for a child-care fund that would seek to improve access to care for underserved populations, a White House official confirmed. If every American family contributed $1,000 a month too reduce the debt, it would still take 11 years to erase it, the group says.

"This is in addition to the billions of dollars that we are securing through the President's declaration of a national emergency", Vought said.

White House officials say there are already 122 miles of barriers that have been completed or are now under construction.

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During his 2016 presidential campaign, Trump rallies frequently featured his supporters screaming "build the wall".

The Mexican government has repeatedly said it has no intention of providing the money.

His top advisers have not provided information to back up many of those assertions, but Kudlow said Sunday that Trump planned to keep fighting.

But he said Trump "is going to stay with his wall".

Pelosi and Schumer said Sunday the money would be better spent on projects like education and workforce development, among other things.

China and the US have reached consensus on many "crucial" issues and have discussed the need to observe the "autonomy" of each other's monetary policy, People's Bank of China Governor Yi Gang said at a press conference during the annual National People's Congress in Beijing.

The White House proposal also calls for an expansion of the nation's missile defenses against nuclear threats, focusing on the "hit-to-kill" missile ranges in Alaska. Last year, Trump called for cutting the Department of State's budget by 29 percent and the EPA's by 25 percent, but Congress instead agreed to a bipartisan budget plan that boosted domestic discretionary spending across the board (while also providing an increase for the Pentagon). "The interest spending that we're now doing, is a major problem".

Non-defense spending was held below those caps, thanks to steep proposed funding cuts to the State Department (23 percent) and Environmental Protection Agency (31 percent), among others.