Breaking News
Several Roads under CPEC in Their Final Phase: Pakistani Official
...
China’s Sinopharm Receives WHO Validation for Safety, Efficacy & Quality
...
Turkish Lira Plunges Sharply Against US Dollar
...
U.S. $1.9 Trillion Stimulus Package Could Heat Up Economic Expansion
...
Lebanese Producers Enter Chinese Market Through Online Giant JD.Com
...
East Asian Economies Lead Global Recovery from COVID-19
...
Trump releases $4 trillion budget plan
President Donald Trump released his $4 trillion-plus budget plan today, which includes his long-awaited infrastructure project and seeks funding for a border wall, opioid treatment, and veterans’ health.
The White House is proposing $200 billion in federal spending over the next decade, intended to spur $1.5 trillion in new infrastructure investment.
The budget also proposes cutting deficits by $3 trillion over a decade and calls for an investment of $18 billion to build a border wall.
“World-class infrastructure is possible for the American people,” Trump said in his budget message to Congress.
In the runup to the release, the president also tweeted: “This will be a big week for Infrastructure. After so stupidly spending $7 trillion in the Middle East, it is now time to start investing in OUR Country!”
Related Articles
US economy Added Jobs Fewer than Expected in March
The US economy added 120,000 jobs during March, lower than estimates suggested, while the unemployment rate fell slightly to 8.2%.
US economic growth slower than thought in first quarter
The US economy grew at an annualised 1.9% in the first three months of 2012, less than the 2.2% first
US unemployment at its lowest since 2009
The US unemployment rate last month fell at 7.8%, down from 8.1% in August. The US economy added a further
