WASHINGTON (AP) - President Donald Trump's budget for the upcoming fiscal year calls for steep cuts to America's social safety net and mounting spending on the military.
That combination in the $4.4 trillion budget plan submitted Monday to Congress steps far back from Trump's promises last year to balance the federal budget. If enacted, his plan would establish annual $1 trillion-plus deficits, a major reversal for Republicans who objected to increased spending during the Obama administration.
Trump's budget revives his calls for big cuts to domestic programs that benefit the poor and middle class, such as food stamps, housing subsidies and student loans. Retirement benefits would remain mostly untouched, as Trump has pledged, though Medicare providers would absorb about $500 billion in cuts - a nearly 6 percent reduction.
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