Trump plans radical budget cuts: Who is affected?

Trump plans radical budget cuts: Who is affected?

Washington, USA - President Donald Trump has submitted a drastic proposal for the 2026 budget, which provides for savings of $ 163 billion. This corresponds more than a fifth of government spending. The details of the design show that, among other things, over $ 15 billion for the Energy Ministry and cuts in funding programs for e-car charging stations are affected. Trump is also planning reductions in USAID, National Science Foundation, Environmental Editions, Preschool Programs and the Authority for Minority Companies. At the same time, the draft provides for an increase in the budget for home protection by almost 65 percent compared to the current financial year.

The President's budget proposals are in the context of a federal budget that has not been adopted since September 2023. The US Congress is in a political stalemate that could lead to a potential budget lock (shutdown). For this reason, both chambers of the parliament recently approved a "continuation decision" in order to avoid such a lock and to ensure financing until at least March 1, 2024. This agreement was achieved shortly before the deadline, since the votes in the House of Representatives were canceled due to an expected winter storm.

savings and criticism

Trump emphasizes the securing of the limits and a hard approach to illegal migration as the focus of his second term. A total of $ 8 billion is scheduled for research on the moon and Mars, with 7 billion being intended for moon research and 1 billion for marograms. In addition, foreign aid is to be reduced by $ 49 billion. Democratic leaders, especially Chuck Schumer, critic of the design, sharply attacked him and found a frontal attack on hard -working Americans.

Highness about the government expenditure lies at the congress, where the Republicans have a small majority, but are very disputed. While Trump wants to present suggestions for tax changes during the year, the two parties are disagreed in central questions. The controversy are also the foreign aids demanded by President Joe Biden, which the Republicans make on stricter border security and immigration rules.

political negotiations

In the past few months, the congress has not been able to adopt a complete budget. Joe Biden had met with the top of both parties in the White House to make progress in the budget debate. Biden called for an overall package of $ 106 billion, which is primarily intended for Ukraine and Israel. A fundamental understanding between Mike Johnson, the new spokesman for the Republican, and Chuck Schumer could indicate a possible agreement in the budget dispute. Despite these positive steps, many Republican hardliners show resistance to an agreement.

Johnson, who followed Kevin McCarthy after his dismissal because of the financing question, tries to unite the different forces within the Republicans. The coming weeks could be decisive for the financial stability of the United States and the adoption of a new budget.