Trump 2020 budget: Spending cuts and deficits

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Trump 2020 budget: Spending cuts and deficits
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Trump 2020 budget projects big deficits despite spending cuts

Washington President Donald Trump delivered a 2020 budget to Democrats on Monday that cuts spending across the board yet still isn't projected to balance for 15 years, even with ambitious economic growth forecasts.

The President's blueprint also revisits the political fight over border wall funding that triggered this past winter's partial government shutdown. Trump wants to cut funding for most federal government agencies by $2.7 trillion, while boosting defense spending and setting aside $8.6 billion for the proposed wall along the US-Mexico border.

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