Trump To Request An Additional $8.6 Billion To Complete Border Wall

Lloyd Doyle
March 11, 2019

Pelosi and Schumer issued their statement in response to reports that indicated Trump plans to ask Congress for $8.6 billion in funding for a border wall.

Despite active work on a bipartisan deal, the president declared a national emergency in February to secure the funding his administration felt was necessary to build barriers along the southern border.

The administration recently outlined roughly $8.1 billion in other immediate funding for the wall, which includes almost $1.4 billion in a recent spending bill, as well as $600 million from asset forfeitures, $2.5 billion from Defense Department counter-narcotics funds, and $3.6 billion from military construction money.

"I would just say that the whole issue of the wall and border security is of paramount importance", Kudlow said on Fox News Sunday. We have a crisis down there.

White House and congressional budget blueprints typically look to get to balance over 10 years. "The same thing will repeat itself if he tries this again", said House Speaker Nancy Pelosi, D-Calif., and Senate Democratic leader Chuck Schumer of NY.

Trump led a government shutdown in December that lasted for 35 days because Congress would not appropriate $5.7 billion to build sections of the wall. "The same thing will repeat itself if he tries this again".

The president's demand for funds for his barrier comes on the heels of a five-week partial government shutdown, the longest in American history, where Trump and Speaker Nancy Pelosi battled over border money. He finally agreed to reopen the government when lawmakers provided him $1.375 billion for new border construction, and he then announced his plans for the national emergency.

Responding to the deficit, Kudlow said that good growth policies don't necessarily have to "obsess" over it. Congress appears to have enough votes to reject Trump's action, but not enough to overturn his pledged veto.

According to a report at Politico, President Donald Trump's proposed budget - expected to be released on Monday - contains spending cuts that will never pass muster and is already being bashed by top Republicans who fear another shutdown will hurt their party. It's the first since Democrats won control of the House in November's mid-term elections, and it'll will kick off months of bargaining over his spending requests and proposed funding cuts for many domestic programs. "It's a question of will Congress allow us to finish the job", a second official said.

The budget document also includes economic projections for the next decade, with the administration forecasting continued expansion. "We believe the 3 percent tax rates of 2018 will continue in 2019 and beyond 2020 and so forth". The White House predicts the economy will grow 3.1 percent in 2020, 3 percent in 2021, and 2.8 percent in 2026.

Asked whether Trump's new border funding request signals that a new budget fight is coming, White House National Economic Council Director Larry Kudlow responded, "I suppose there will be".

The projections are at odds with those of many private forecasters.

Other reports by Iphone Fresh

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