Day: March 11, 2019

Trump’s 2020 budget calls for $2.7T in spending cuts, promises to erase deficit in 15 years

(Worthy News) – President Trump will unveil his fiscal 2020 budget request to Congress on Monday which calls for $2.7 trillion in spending cuts and balances in 15 years, according to the White House budget office.

The budget from the White House is the first the president will send to a divided Congress, and the proposal is likely to face fierce opposition from the new Democrat-controlled House. But Trump’s spending plan highlights a number of his priorities, including strengthening border security to address the situation at the U.S.-Mexico border, and tackling the opioid crisis.

“In the last two, President Trump and this administration have prioritized reining in reckless Washington spending,” acting Office of Management and Budget Director Russ Vought said in a statement. “The budget that we have presented to Congress and the American people, ‘A Budget for a Better America,’ embodies fiscal responsibility, and takes aim at Washington’s waste, fraud, and abuse.” [ Source: Washington Examiner (Read More…) ]

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Nerves Fray, Tempers Flare as Venezuela Blackout Hits 4th Day

(Worthy News) – Furious Venezuelans lined up to buy water and fuel on Sunday as the country entered a fourth day of a nationwide blackout that has left already-scarce food rotting in shops, homes suffering for lack of water and cell phones without reception.

Authorities have managed to provide only patchy access to power since the outage began on Thursday in what President Nicolas Maduro called an act of U.S.-backed sabotage, but critics insist it is the result of incompetence and corruption.

The government on Sunday suspended school and business activities for the following day without providing any information on a likely time frame for resolving the situation, leaving many fretting that it could extend indefinitely. [ Source: VOA News (Read More…) ]

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