Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Catch up on the day's biggest business stories
Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter
Stay on top of the latest market trends
Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.
Sports news worthy of your time
Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.
Tech news worthy of your time
Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.
Get the inside stories
Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Want a daily digest of the top Denver news?
Get a daily digest of the most important stories affecting your hometown with Axios Denver
Want a daily digest of the top Des Moines news?
Get a daily digest of the most important stories affecting your hometown with Axios Des Moines
Want a daily digest of the top Twin Cities news?
Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities
Want a daily digest of the top Tampa Bay news?
Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay
Want a daily digest of the top Charlotte news?
Get a daily digest of the most important stories affecting your hometown with Axios Charlotte
Photo: Alex Edelman - Pool/Getty Images
President Trump on Monday sent a record $4.75 trillion 2020 budget proposal to Congress, in which he called for a 5% increase in military spending, a $1.9 trillion cut to safety net programs and an additional $8.6 billion for his border wall.
Why it matters: Trump's budget won't balance for 15 years, and Capitol Hill will promptly reject this budget, as it does every year with every president. But the proposal nonetheless highlights the White House's priorities for 2020.
By the numbers: Trump's budget, the largest in history, would make cuts to the following programs and departments ...
- Agriculture Department: -14.8%
- State Department and other international programs: -23.3%
- Interior Department: -11%
- Education Department: -12%
- Justice Department: -2.3%
- Energy Department: -10.8%
- Labor Department: -9.7%
- Health and Human Services: -12%
- Transportation Department: -21.5%
- Environmental Protection Agency: -31%
- Social Security Administration: -3.5%
- Medicaid: $1.5 trillion in cuts over 10 years
- Medicare: $845 billion in cuts over 10 years
These departments and programs would receive increases in funding ...
- Commerce Department: +0.4%
- National Nuclear Security Administration: +8.9%
- Department of Homeland Security: +7.4%
- Treasury Department: +1.5%
- Veteran Affairs: +7.5%
- NASA: +1.4%