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Trump’s budget indicates $163 billion cuts
Gulf Today
|May 04, 2025
After launching the tariff attack on America’s business and trade partners across the globe, President Donald Trump is turning inward as it were, and doing the things he believes will help America become great again.
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While the tariffs were increased, he is cutting down government budgetary support for what he believes to be wasteful expenditure.
And in this category of wasteful expenditure he includes education and other social welfare measures that are meant to help Americans struggling to make ends meet. The White House Office of Management and Budget has proposed a cut of $163 billion in the 2025 budget. And true to his offensive credo, he has increased expenditure for defence and for homeland security.
The defence budget has been increased by 13 per cent, and the homeland security budget by 65 per cent. Non-defence discretionary spending has been cut down by 23 per cent. The Office of Management and Budget (OMB) Director Russ Vought said, “At this critical moment, we need a historic budget - one that ends the funding of our decline, puts Americas first, and delivers unprecedented support to our military and homeland security.”
यह कहानी Gulf Today के May 04, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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