国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

Trump asks cabinet departments to cut spending as budget deficit widens

Source: Xinhua| 2018-10-18 04:52:40|Editor: Mu Xuequan
Video PlayerClose

WASHINGTON, Oct. 17 (Xinhua) -- U.S. President Donald Trump on Wednesday asked his cabinet departments to propose a 5 percent spending cut next year after the U.S. budget deficit rose to a six-year high.

"I'm going to ask each of you to come back with a 5 percent budget cut from your various departments, whether it's a secretary, an administrator, whatever," Trump told reporters prior to a cabinet meeting at the White House.

"I think you'll all be able to do it. There may be a special exemption perhaps," he said.

Trump's remarks came after the government reported that the budget deficit rose to 779 billion U.S. dollars in the fiscal year 2018 ending Sept. 30, the highest since 2012.

Analysts said the administration's tax cut and increased government spending have contributed to the rise of budget deficit in Trump's first full fiscal year as U.S. president.

Kevin Hassett, chairman of the White House's Council of Economic Advisers, said last week that the Trump administration would unveil measures soon to address the federal government's big budget deficit.

The Congressional Budget Office (CBO) has warned that growing budget deficits would boost U.S. public debt sharply over the next 30 years if current laws generally remained unchanged.

The public debt could approach 100 percent of U.S. GDP by the end of the next decade and 152 percent by 2048, reaching the highest level in the U.S. history, according to the CBO.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011105091375400711
主站蜘蛛池模板: 宁陵县| 吉林市| 河北区| 淅川县| 乐平市| 宁津县| 诏安县| 静安区| 裕民县| 明星| 奉新县| 吉木乃县| 昌乐县| 皮山县| 盘山县| 芒康县| 遂川县| 东源县| 富民县| 荣成市| 老河口市| 镇赉县| 岱山县| 古丈县| 泸西县| 延川县| 古蔺县| 六枝特区| 梁平县| 禹城市| 台安县| 汶上县| 保定市| 大连市| 延安市| 临泉县| 昌黎县| 临沭县| 称多县| 大余县| 攀枝花市|