Home
/
RELIGION & LIBERTY ONLINE
/
7 Figures: Trump’s 2019 budget plan
7 Figures: Trump’s 2019 budget plan
Mar 28, 2026 3:36 PM

Yesterday, President Trump released his fiscal year 2019 budget plan. The president’s annual budget request tells Congress how much money the president thinks the Federal government should spend on public needs and programs; tells Congress how much money the president thinks the government should take in through taxes and other sources of revenue; and tells Congress how large a deficit or surplus would result from the president’s proposal.

Here are seven figures from the proposal you should know:

1. Overall spending and revenues: The budget asks for $4.407 trillion of expenditures while forecasting $3.422 trillion in revenue, leaving an anticipated deficit of just under $1 trillion.

2.Defense Spending: The budget proposes a defense discretionary spending level of $716 billion in FY 2019, including a shift of $20 billion of Overseas Contingency Operations funding to the base budget. This change results in a revised FY 2019 national defense discretionary base budget level of $64 7 billion and a revised OCO level of $69 billion.

3.Non-Defense Spending: The budget proposes $540 billion in non-defense spending, $75 billion above the current FY 2019 Budget, $10 billion above the pre-Balanced Budget Act of spending of approximately $530 billion set in the 2019 Sequestration Preview Report, and $57 billion below the new cap.

4.Opioids and Mental Health: The budget proposes an additional $10 billion in discretionary funding to address the opioid epidemic and serious mental illness.

5.Job Training: The budget proposes an additional $1.5 billion for workforce development grants at the Department of Labor.

6.Border Security and Immigration Enforcement: The budget proposes $23.1 billion in border security and immigration enforcement, including $2.2 billion in investments in border security technology.

7.Economic Growth: The budget assumes the economy will expand at an annual rate of 3 percent (the actual rate for the past decade has been about 2 percent).

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Risky Business: Keynes, Moral Hazard, and the Economic Crisis
Acton’s Sam Gregg on Public Discourse: At the level of government policy, a prominent instance of moral hazard was what some call the “Greenspan doctrine” of 2002. This involved the U.S. Federal Reserve stating that, while it was powerless to prevent the emergence of asset bubbles (such as the and housing booms), the Federal Reserve would do everything that it could to soften the effects of an imploding bubble. This included providing investors with the option of selling their depreciated...
Acton Commentary: Obama and the Moral Imagination
mentary today looks at President Obama’s deft use of narrative — the art of story telling — to inspire and motivate. By his own admission, Obama has taken a page from the playbook of the Great Communicator himself, Ronald Reagan. Reagan biographer Lou Cannon told the Chicago Tribune last year that Obama has “a narrative reach” and a talent for story telling that reminds him of the late president. Reagan “made other people a part of his own narrative, and...
Excerpts from the Inaugural
Here are some excerpted quotes from the text of President Obama’s Inaugural address that are relevant to the themes of this blog. Some are already beginning the parsing of these words: … We remain a young nation, but in the words of Scripture, the time e to set aside childish things. The time e to reaffirm our enduring spirit; to choose our better history; to carry forward that precious gift, that noble idea, passed on from generation to generation: the...
Acton Commentary: The End of Capitalism?
Dire predictions about the “death of capitalism” reveal a deep ignorance about the nature of the current economic crisis — technical and moral. “Markets are bined activities of millions of individuals and families,” Michael Miller writes in this week’s Acton Commentary. “They are posed merely of some guys on Wall Street; they are made up by us.” Read mentary over at Acton’s website, and share your thoughts ments here. ...
Kenneth Miller: Finding Darwin’s God
In case you’re interested, I wrote and just posted a five-part review of Miller’s book, Finding Darwin’s God. ...
Religious Freedom Day — 2009
The Acton Institute released a new short video to mark Religious Freedom Day. The proclamation from President George W. Bush points to religious freedom as a fundamental right of Americans and, indeed, people of faith all over the world. Religious freedom is the foundation of a healthy and hopeful society. On Religious Freedom Day, we recognize the importance of the 1786 passage of the Virginia Statute for Religious Freedom. We also celebrate the first liberties enshrined in our Constitution’s Bill...
Neighbors
Eleven times since President Bill Clinton began the practice in 1994, the U.S. President has declared Religious Freedom Day on Jan. 16, calling on Americans to “observe this day through appropriate events and activities in homes, schools, and places of worship.” President Bush has done the same this year. The day is the anniversary of the 1786 Virginia Statute of Religious Freedom, a work that built upon an earlier Virginia document, the Virginia Declaration of Rights of 1776. There American...
Population Economics
It’s usually good to steer clear of apocalyptic predictions of any sort, but as temperatures struggle to break the 10 degrees fahrenheit mark under full sun here in the Great Lakes region, talk of a “demographic winter” feels pelling than warnings of global warming. More seriously, the release of a new film by that name is the occasion for Jenny Roback Morse’s reflection on the economics of population. I don’t pretend to be an expert in the field and I...
Journal of Markets and Morality – Volume 11, Number 2
The latest issue of the Journal of Markets & Morality is now available online for current subscribers. This issue features the timely and challenging article, “Subprime Lending and Social Justice: A Biblical Perspective,” by William C. Wood, professor of economics at James Madison University and director of JMU’s Center for Economic Education. Prof. Wood notes that within the context of Christ’s call to love our enemies as well as our neighbors, “Christians cannot placent about credit markets even if they...
Book Review: Nathan Hale
Nathan Hale has long been enshrined as a patriotic American icon for his last words before his hanging by the British, “I only regret that I have but one life to lose for my country.” M. William Phelps, who is the author of the new book The Life and Death of America’s First Spy: Nathan Hale, believes Hale never uttered those exact words. But in Phelps’s view, that wouldn’t in any way take away from the significance and importance of...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved