Washington_ Palestine Economy Portal.

Today, the White House unveiled a $ 4.8 trillion budget proposal that would significantly cut spending on foreign aid and social security networks, while allocating about $ 2 billion to build the border wall between the United States and Mexico and increase funding for NASA The Ministry of Veterans Affairs and the Department of Homeland Security.

With a Democrat majority, the budget is not expected to pass in the Housw. However, Indications are that Republicans aim to regain control of the House in the 2020 elections.

The plan aims to eliminate the federal deficit, which will exceed one trillion dollars by 2035.

The White House is seeking to cut 4.4 trillion federal spending over the next ten years, including cuts in food coupons and vouchers.

The plan to reduce foreign aid includes the majority of foreign countries, to which the United States provides aid, with the exception of the Israeli occupation state.