May
07

Trump Seeking $15 Billion Cut in Unspent Federal Funds, Official Says

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  • Proposal would cancel $7 billion from children’s insurance
  •  Cancellation won’t affect $1.3 trillion fiscal 2018 budget

President Donald Trump’s administration is asking Congress to cancel $15 billion in unspent government funds, including $7 billion from the Children’s Health Insurance Program, a senior administration official said Monday.

The proposal is a Republican effort to claim fiscal responsibility after a deficit-increasing tax cut and a massive fiscal 2018 spending bill

Trump Seeking $15 Billion Cut in Unspent Federal Funds, Official Says

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Categories : Finance

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