As President Donald Trump releases his proposed budget for 2018, the biotech sector seemed to be sorting out ramifications. The budget comes in at only 50 pages, less than half the size of previous administrations' budgets. But to the larger point about diplomacy and Defense Department, this is a "hard-power" budget.
The prez aims to direct an extra $54 billion (a mere 1.3 percent of the $4 trillion in federal spending) to defense, taking it from other discretionary areas.
Community Development Block Grant program: One of HUD's longest continuously run programs "is not well-targeted to the poorest populations", according to the Trump administration.
More than 60 government agencies and programs would be entirely defunded, including money for public broadcasting, programs to combat climate change, help for low-income Americans, and the National Endowment for the Arts. The budget blueprint "maintains approximately $13 billion in funding" for programs under the Individuals with Disabilities Education Act. "When you start looking at places that we reduce spending, one of the questions we asked was, can we really continue to ask a coal miner in West Virginia or a single mom in Detroit to pay for these programs?" he said Thursday on MSNBC.
In total, the budget would cut 1.2 per cent in discretionary spending overall.
"We're not spending money on that anymore", Mulvaney said of climate change research. So it's not obvious how slashing billions from the NIH budget, as the Trump administration proposes, will bring more jobs to America. The current federal budget expires on April 28 of this year, meaning another shutdown is possible if either a complete budget or stop-gap measure isn't passed.
If we can cut enough librarians, scientists and after-school programs for kids, Trump's budget director calculates, we can fund more weapons programs-including a renewed investment in nuclear weapons.
President Trump will ask Congress for funding to protect the border and construct a wall - a major campaign promise - in a budget expected to be released Thursday morning. But some prominent Republicans were also quick to criticize the budget.
Democrats have spoken out against the budget they say would devastate the work done by agencies like the EPA. Sen.
While Mulvaney described the cuts to the State Department as "fairly dramatic", he said the country's core diplomatic functions will not be impacted by the cuts, which he said are focused on reducing foreign aid. "Every agency and department will be driven to achieve greater efficiency and to eliminate wasteful spending in carrying out their honorable service to the American people".