President Trump's FY2021 Budget

Trump's new budget is replete with dangerous proposals that leave working families to fend for themselves in a changing and uncertain economy.
The President released his budget proposal for Fiscal Year 2021 and made his priorities clear: he continues to put the wealthiest Americans first at the expense of working families. The budget proposal makes tax cuts for the wealthy permanent while breaking his promises to working families on health care, the economy, and other areas that help Americans get ahead and keep them safe.

Trump's budget includes extreme spending cuts--including Medicare and Medicaid--and makes fantasy economic projections that the Congressional Budget Office and other experts have called unrealistic. Yet, even taking those into account, the President’s budget still does not balance over the next 10 years.
President Trump's FY2021 Budget Related
Issue Report
What They’re Saying: President Trump’s Budget
The President released his budget this week, and it has been swiftly panned for making unrealistic economic growth assumptions, failing to address massive deficits and debt, and breaking promises the President made – like protecting Medicare –  just last week in his State of the Union.  Here’s a look at what the press and news columnists are saying about the budget:
2/12/20
Speech
Hoyer Floor Remarks on the Trump Budget
Mr. Speaker, on Monday, the Trump Administration released its budget proposal for Fiscal Year 2021. It was titled, 'A Budget for America’s Future,' but its vision for that future is bleak. Its vision of the future is the true 'American carnage' that President Trump described in his Inaugural Address. It envisions an America that is less than it can or should be. It envisions an America where working families are left to struggle while the wealthy continue to prosper.
2/12/20
Morning Round-Up: “Fantasy Budget” Edition
The reviews of the President’s budget are in, and they are not kind. They point out the unrealistic economic growth assumptions, the massive deficits and debt, and his broken promise to protect programs like Medicare. Check it out:

From Politico:

“President Donald Trump sent another fantasy budget to Congress on Monday, thumbing his nose at the very spending levels he signed into law last summer.”

2/11/20
Questions for Republicans on the Trump Budget
President Trump’s budget released yesterday clearly outlines his priorities: the wealthiest Americans come first, while working families are left behind. After he promised to protect Medicare, Medicaid, and access to affordable health care, the President’s budget proposes destructive cuts to these programs and continues this Administration’s assault on American’s health care. With the budget revealing even more of the President’s hypocrisy, we know you are dying to see how far the GOP will go to defend him. Don’t worry, we’ve got some questions already prepared for you:
    2/11/20
    Issue Report
    The Trump Budget is a Continuation of Broken Promises to Working Families
    Yesterday, the President released his budget proposal for Fiscal Year 2021 and made his priorities clear: he continues to put the wealthiest Americans first at the expense of working families. The budget proposal makes tax cuts for the wealthy permanent while breaking his promises to working families on health care, the economy, and other areas that help Americans get ahead and keep them safe.
     
    2/11/20
    Op-Ed
    Hoyer Op-ed: President Trump's budget is a reflection of his State of the Union: A dangerous litany of falsehoods
    The budget released by the Trump administration Monday relies on a set of false assumptions about our economy, reflecting the distorted vision laid out in last week’s State of the Union address. In that speech, President Trump lied again and again about his record on the economy. It is critical that Americans know the facts.
    2/11/20
    Outside Content
    House Budget Committee Fact Sheet
    President Trump’s destructive and irrational budget leaves working families out in the cold while it doubles down on the failed 2017 GOP tax law, extending expiring provisions and adding $1.5 trillion more to debt over the last six years of the budget window. Most of this extension’s tax breaks go to the richest one-fifth of households. Two years in, mounting evidence continues to show the GOP tax scam showered benefits on the rich and large corporations, failed to “supercharge” our economy, worsened income inequality, and left the middle class behind.
    2/11/20
    Outside Content
    House Transportation Committee Statement
    “Despite pledging to fight for working families and invest in our communities, President Trump’s budget fails to deliver. Not only does his budget slash badly-needed funding to help make sure people get clean water, his vision for ‘making America great’ would also zero out programs to restore and protect critical bodies of water, from South Florida to the Gulf of Mexico, all while gutting the Army Corps’ budget by billions, slashing transit investments via the Capital Investments Grant program, and putting Amtrak into a downward spiral, putting critical routes at risk.
    2/11/20
    Outside Content
    House Energy and Commerce Committee Statement
    “President Trump’s 2021 budget is an extreme and drastic step in the wrong direction.  It continues the President’s ongoing assault on the health care of millions of seniors and hardworking American families, while also gutting environmental protection when we should be combating the climate crisis.
    2/11/20
    Outside Content
    House Budget Committee Statement
    “A half a trillion-dollar cut to Medicare. A roughly $900 billion cut to Medicaid. A $24 billion cut to Social Security. Gutting nutrition assistance by $182 billion. A 21 percent cut to foreign aid and diplomatic efforts. Debilitating attacks to the Environmental Protection Agency and the Department of Energy. Destructive cuts to our public schools and programs that help Americans earn a college education. This is the future President Trump envisions for our nation: one where the federal government relinquishes any responsibility for the well-being of the American people and our nation.
    2/11/20
    Outside Content
    House Appropriations Committee Fact Sheet
    Limits lifesaving medical research Cuts lifesaving medical research programs at the National Institutes of Health by $3.3 billion, and reduces funding for the Centers for Disease Control and Prevention by $678 million.
    2/11/20
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    House Ways and Means Committee Statement
    “When I saw the President’s proposed budget today, I felt an immense sense of relief – relief that there is absolutely no chance of his ruthless cuts to critical programs ever becoming law. Slashing billions from Medicare and Medicaid will only make it harder for Americans to access the healthcare they need. Cutting nutrition assistance and Social Security benefits for the disabled won’t enable people to get back on their feet financially. Repealing incentives to reduce carbon emissions will hinder our fight against climate change and deter the kind of innovation our planet needs.
    2/11/20
    Outside Content
    House Veterans’ Affairs Committee Statement
    “This administration will tout a 12% increase in the VA budget but ignores a much worse reality-- this budget will lead to less food on the plates of struggling veteran families, no new vouchers for homeless veterans, and millions of veterans cut off from key social programs targeted by the President.
    “Despite significant investments in mental health care for veterans-- a top priority for the President, this Committee and VA-- these funds direct resources outside VA into grant programs and the PREVENTS Task Force instead of being used to explicitly support veterans in crisis at VA.
    2/11/20
    Outside Content
    House Small Business Committee Statement
    "Instead of serving as a blueprint for the future, the Trump budget seeks to slash the funding our small businesses rely on to stay competitive and innovative in a 21st century economy.
    “I am extremely disappointed that the Trump administration takes aim at the Small Business Administration by proposing to cut the agency’s budget by 25 percent, while also proposing cuts to federal entrepreneurial development initiatives by $93 million, a clear disinvestment in the hardworking small businessmen and women across America. 
    2/11/20
    Outside Content
    House Science, Space, and Technology Committee Statement
    “While I am still reviewing the President’s Fiscal Year 2021 budget request, I am deeply concerned and disappointed with the destructive cuts to important civilian R&D and science and technology programs it contains. While there are bright spots, overall this proposal damages vital parts of our nation’s federal science and technology enterprise that drive our economy, keep our nation competitive, and protect our environment. I am confident that Congress will reject these ill-advised cuts when we consider this budget request in our authorizations and appropriations processes.”
    2/11/20
    Outside Content
    House Oversight and Reform Committee Statement
    “Once again, the Trump Administration has failed to put its money where its mouth is when it comes to improving the lives of hardworking Americans.  The President’s budget slashes funding for critical programs and continues to prioritize his special projects above the American people.
    “Making draconian cuts to critical federal government operations that Americans rely upon is unacceptable.  Using these cuts to justify spending billions of taxpayer dollars on the ineffective and unnecessary border wall is simply immoral.
    2/11/20
    Outside Content
    House Homeland Security Committee Statement
    “The Trump Administration’s budget proposal for the Department of Homeland Security prioritizes the President’s draconian immigration campaign promises at the expense of our country’s core homeland security operations. 
    “It seeks to unjustifiably decrease funding for FEMA, TSA, CISA and the Coast Guard to increase funding for immigration enforcement operations and detention capacity to detain thousands more children and adults and for the President’s border wall. 
    2/11/20
    Outside Content
    House Foreign Affairs Committee Statement
    “Like the President’s previous budgets, this year’s request is a waste of the paper it’s printed on. Proposing such reckless cuts to our critical foreign policy tools isn’t a serious proposal. If this draconian budget were enacted, it would weaken our security and leadership around the world. That’s how we know that this budget is nothing but red meat for the President’s political base. Congress will again reject this proposal in resounding bipartisan fashion...
    2/11/20
    Outside Content
    House Education and Labor Committee Statement
    “President Trump’s budget proposal is another shocking demonstration of the administration’s willingness to break its promises to the American people. Just two days after President Trump pledged that he would not cut Social Security or Medicare, the president released a FY 2021 budget proposal that cuts more than $1 trillion over the next decade from Medicare, Medicaid, and Social Security...
    2/11/20
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    House Appropriations Committee Statement
    “The President’s latest budget is a disastrous repeat of the misplaced priorities and callous cuts he has pursued unsuccessfully in past requests...
    2/11/20
    Outside Content
    Report from House Budget Committee
    President Trump’s latest budget fails the American people and takes a wrecking ball to America’s economic future. This President and his Congressional Republican allies have always prioritized special interests and the rich and powerful over the health, safety, and economic security of American families, and this budget continues their misplaced allegiance. The President’s deficit-financed tax cuts for the wealthy are on track to cost nearly $2 trillion and did little except blow up the deficit to heights not usually seen outside of recessions and major world wars...
    2/11/20
    Outside Content
    House Agriculture Committee Statement
    “This is what happens when ideologues decide to cut programs just for the sake of cutting. We will make sure that the farm bill isn’t cut during this year’s budget process. What’s worse is the President is proposing all these cuts without any attempt to balance the budget...
    2/11/20
    Press Release
    Hoyer: The President's Fiscal Year 2021 Budget Is Replete with Dangerous Proposals That Leave Working Families to Fend for Themselves
    President Trump’s FY2021 budget is replete with dangerous proposals that leave working families to fend for themselves in a changing and uncertain economy.  This budget makes the President’s priorities clear: the wealthiest Americans come first ahead of working Americans who are trying to get by and get ahead.
    2/10/20