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Axios Apr 1
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How Trump got crushed on the budget

Here's how badly President Trump was defeated in his goal of reining in federal spending. His budget proposal called for deep spending cuts, except for a big increase in defense. Instead, as this visual shows, the omnibus spending bill he signed last week boosts spending in all major categories, including defense — leading to the $1.3 trillion budget Trump complained about.

Note: Defense, State and Foreign Operations, and Military Construction and Veterans Affairs funding includes base and Overseas Contingency Operations funding. Data: Democratic Committee on Appropriations; Chart: Chris Canipe/Axios

The details: Per the Committee for a Responsible Federal Budget, the bill includes a 13% increase in overall spending over last year, plus an additional $110 billion through what it calls "clear budget gimmickry."

What's next: Trump promised he would "never sign another bill like this again," and his next budget proposes deep cuts all over again. But Congress has already proven it's not ready to follow along — partly because Republicans can't pass spending bills without some Democratic votes, but also because the Republicans who write the spending bills have their own priorities.

Axios 33 mins ago
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Axios situational awareness

Ina Fried 47 mins ago
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Amazon is always one step ahead

Symbol for Amazon Prime
Photo: Ant Palmer/Getty Images

Amazon is an iceberg: People only see what's above the surface. Meanwhile, underneath, the company just keeps expanding.

Why you'll hear about this again: This has proven true time and time again. When people thought of Amazon as a bookstore, it was already on its way to being an e-commerce giant. When all people saw was an e-commerce giant, Amazon was well on its way to being a marketplace and web services provider.