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Read. Follow. Verify.Overview of the President's Fiscal Year 2019 Budget Proposal
Record date · January 1, 2018
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What This Bill Does
This document is a transcript from a February 14, 2018, House Budget Committee hearing regarding the President's proposed budget for fiscal year 2019. The hearing featured testimony from Mick Mulvaney, Director of the Office of Management and Budget, to discuss the administration's spending priorities and policy recommendations.
The President's budget proposal serves as the starting point for the federal budget process, outlining the administration's priorities for national defense, infrastructure, and deficit reduction that Congress will use to craft the final federal budget.
Who It Affects
Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.
Federal Agencies
Agencies are subject to the spending levels and policy priorities outlined in the final budget passed by Congress based on these recommendations.
Taxpayers
Taxpayers are affected by the allocation of federal funds and the government's strategy for managing the national deficit.
Key Facts
- The President's budget proposal projects $3 trillion in total deficit reduction over a 10-year window.
- The proposal includes $1.7 trillion in mandatory spending savings.
- The budget aims to bring the federal deficit to within 1 percent of GDP within 10 years.
- The proposal prioritizes increased funding for national defense.
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- The budget includes specific funding requests to address the national opioid epidemic.
- The proposal includes funding for border security enhancements.
- The budget includes an infrastructure overhaul initiative.
- The hearing was held on February 14, 2018, in the Longworth House Office Building.
- The budget process officially begins with the receipt of the President's budget request by Congress.
Frequently Asked Questions
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News Coverage
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Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Focus on Opioid Epidemic
The 2019 budget proposal explicitly identifies the opioid epidemic as a priority area for federal funding, reflecting a shift in national policy focus at the time.
Connected Entities
Sources
www.govinfo.gov
Analysis Score
0–100- Significance85How much this matters to a regular citizen
- Controversy40Intensity of disagreement among stakeholders
- Entertainment10Compellingness for a non-policy-wonk reader
- Buzz20Current news / social attention level
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