The White House is expected to unveil a budget that does not balance, despite optimistic growth projections and deep cuts to discretionary programs.
The White House is expected to unveil a budget on Monday that does not balance, despite optimistic growth projections and deep cuts to discretionary programs, according to two people familiar with the plans.
For Republicans, that has traditionally meant ensuring the federal budget eventually balances — that government spending does not exceed revenues by the end of the next decade. But the administration abandoned that philosophy in its budget last year and plans to do so again this year, sources said. The deficit would also persist despite the administration's plans for steep cuts in discretionary programs outside of the Defense Department. In an op-ed last month, Acting Budget Director Russ Vought said the administration will seek a 5 percent cut to all other federal agencies.
Under that law, discretionary programs are already facing a 9 percent reduction — commonly known as the sequester — unless Congress votes to raise the spending caps. The White House budget is expected to set funding levels at 5 percent below that amount.
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