President Trump proposes a 2020 budget big on spending cuts
Share Now on:
President Donald Trump’s 2020 budget calls for $2.7 trillion in spending cuts over 10 years. And they come from one part of the budget in particular: nondefense discretionary spending. That type of spending supports basic government functions like law enforcement, education and foreign aid. It does not include spending for the military or for mandatory services like Medicare and Social Security, which have steadily become a bigger and bigger part of the budget.
Click the audio player above to hear the full story.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.