Acting GPO Deputy Director Herbert Jackson, left, and Acting OMB Director Russ Vought pose with a copy of President Donald Trump’s budget for Fiscal Year 2020 during their photo-op at the Government Publishing Office in Washington on Thursday, March 7, 2019. (Bill Clark/CQ Roll Call)
Here are the top 10 things to know about President Donald Trump’s $4.7 trillion budget request for the coming fiscal year:
1. Military spending would go up. A deficit reduction law calls for a cut of 11 percent, or $71 billion, to regular national security spending, which doesn’t include war-related costs. But the Trump administration would skirt that law by pumping $165 billion into a war-related account that is exempt from spending limits, even though the money isn’t needed for overseas conflicts. The result would be a 5 percent increase to defense, which would total $750 billion in fiscal 2020.