While increasing the U.S. military budget by $54 billion, President Trump\u2019s new budget proposes cuts to the international development budget by 37%. These major cuts to the Secretary of State will severely hamper U.S. foreign relation efforts. Trump\u2019s budget proposal demonstrates where his priorities lie, and it is not with diplomacy or international development. Americans should also expect to see cuts to the Public Broadcasting Service, the National Endowment of the Arts and Humanities and the Environmental Protection Agency.<\/p>\n
Trump\u2019s budget proposal is a boon for the defense industry as Lockheed Martin, Northrop Grumman, Raytheon, Boeing, General Dynamics, and Huntington Ingalls have each seen stock increases since the President\u2019s budget proposal (Investor\u2019s Business Daily<\/a>) was released. The defense contractors further receive benefits in the form of subsidies and tax credits. The Fiscal Times<\/a> provides a list of defense contractors and the amount in grants and tax credits each of the contractors receive. General Electric alone receives more than $800 million in tax credits.<\/p>\n This new administration has made it clear that it prioritizes its war-based capacity over a peace-based economy. Even military leaders are questioning the President\u2019s proposed cuts to the State Department budget. In a joint letter, 100 generals defended the importance of supporting diplomacy. They quoted Defense Secretary James Mattis who said, \u201cIf you don\u2019t fully fund the State Department, then I need to buy more ammunition\u201d (CBSNews<\/a>). In quoting Mattis, these generals are saying that the country is essentially at risk with these cuts to diplomacy.<\/p>\n The President\u2019s proposed budget is unacceptable. It puts our country at risk and endangers the lives of military personnel at home and abroad. It is our personal responsibility to contact our congressional representatives every day and let them know that we do not support these cuts to valuable resources like the State Department, PBS, NEA and EPA. Contact your representative today<\/a>!<\/p>\n References<\/p>\n Investor\u2019s Business Daily: http:\/\/www.investors.com\/news\/a-fiscal-hawk-is-in-charge-of-the-budget-but-trump-will-raise-defense-spending\/<\/a><\/p>\n The Fiscal Times: http:\/\/www.thefiscaltimes.com\/2015\/03\/20\/How-Big-Contractors-Mooch-Federal-Subsidies<\/a><\/p>\n