Skip to main content

The context you need, when you need it

When news breaks, you need to understand what actually matters — and what to do about it. At Vox, our mission to help you make sense of the world has never been more vital. But we can’t do it on our own.

We rely on readers like you to fund our journalism. Will you support our work and become a Vox Member today?

Join now

At 11:30 am on Monday, the Trump administration’s Office of Management and Budget released its proposal for the fiscal year 2019 budget. Fiscal years are different from calendar years, so the proposal covers October 1, 2018, through September 30, 2019.

The budget proposes nearly $700 billion in 10-year savings by “repealing and replacing” Obamacare, more than $200 billion in cuts to the Supplemental Nutrition Assistance Program (SNAP, or food stamps), and $266 billion in cost reduction in Medicare, among many other program cuts.

  • Trump’s budget request slashes retirement benefits for 2 million federal workers

    Furloughed federal workers and those aligned with them protest the partial government shutdown in the Hart Senate Office Building January 23, 2019 in Washington, DC. Members of the National Federation of Federal Employees, the American Federation of Gover
    Furloughed federal workers and those aligned with them protest the partial government shutdown in the Hart Senate Office Building January 23, 2019 in Washington, DC. Members of the National Federation of Federal Employees, the American Federation of Gover
    Furloughed federal workers and contract workers protest the partial government shutdown in the Hart Senate Office Building on January 23, 2019, in Washington, DC.
    Win McNamee/Getty Images

    President Donald Trump’s grand vision for America in 2020 can be summarized this way: spend billions more dollars on the US military and immigration enforcement; cut billions of dollars from the social safety net. And do nothing to close the $1 trillion deficit Republicans created with their 2017 corporate tax cuts.

    The president’s 2020 budget proposal, which he released Monday, managed to anger everyone from retirees to childhood cancer researchers. It also angered millions of federal employees and retired government workers, who would see their pensions cut under the president’s budget request.

    Read Article >
  • Dylan Matthews

    Dylan Matthews

    Obama’s chief economist: Trump’s economic projections are “the most absurd I’ve ever seen”

    President Trump Visits Equipment Manufacturing Plant In Pennsylvania
    President Trump Visits Equipment Manufacturing Plant In Pennsylvania
    A fan attends a Trump speech on the economy in Coraopolis, Pennsylvania.
    Jeff Swensen/Getty Images

    With the release of President Donald Trump’s 2019 budget proposal, the Trump economic vision is becoming clearer than ever. Trump envisions a world where the US taxes dramatically less and cuts spending significantly too, leaving little funding for things like roads, scientific research, and safety net programs. He predicts huge growth rates, of 3 percent a year, without explaining how he’d get there. And independent analysts believe his agenda will lead to trillion-dollar-plus deficits as far as the eye can see.

    Jason Furman, who worked as deputy director of the National Economic Council and then chief economist in the Obama White House, finds this vision of the future alarming, to say the least. He’s totally supportive of deficits, even massive ones, when they’re needed to overcome economic downturns, but now that the economy is recovering and deficits are still large, he’s more worried. And the answer, he argues, is raising taxes and getting more revenue, especially from the rich but ultimately from everyone.

    Read Article >
  • Jen Kirby

    Jen Kirby

    Trump wants to replace food stamps with food boxes, for some reason

    US-ECONOMY-FOOD-POVERTY
    US-ECONOMY-FOOD-POVERTY
    Frederic J. Brown/AFP/Getty Images

    The Trump administration has proposed a radical overhaul to the food stamp program that would replace some people’s benefits with a “Harvest box” of products like shelf-stable milk, pasta, peanut butter, meat, and canned fruits and vegetables.

    The changes are part of a dramatic proposed cut to funding for food stamps, or SNAP, adding up to more than $200 billion dollars over 10 years. Switching to “Harvest boxes,” according to the budget, would contribute $130 million of that savings.

    Read Article >
  • Trump’s budget proposal hurts the Rust Belt factory towns that voted for him

    The White House budget slashes millions of dollars in spending to revive economic growth in factory towns like Flint, Michigan.
    The White House budget slashes millions of dollars in spending to revive economic growth in factory towns like Flint, Michigan.
    The White House budget slashes millions of dollars in spending to revive economic growth in factory towns like Flint, Michigan.
    Brett Carlsen/Getty Images

    President Donald Trump has promised that dying American industries and factory towns will come “roaring back” under his presidency. But if his budget proposal for 2019 is any sign, his administration won’t do much to make that happen.

    In the budget plan released Monday, the Trump White House proposed slashing more than $300 million in spending on some of the few federal programs meant to boost manufacturing in distressed communities — the same industrial towns in decline that turned out heavily for Trump. The White House had proposed the same thing last year, though Congress kept most of the funding in place for 2018.

    Read Article >
  • German Lopez

    German Lopez

    Trump’s budget could help fight the opioid crisis — if it didn’t try to repeal Obamacare

    President Donald Trump.
    President Donald Trump.
    Chris Kleponis/Pool via Getty Images

    If you want to understand how little President Donald Trump has done so far on the opioid epidemic, just read this paragraph from his 2019 budget plan:

    At first read, this might sound impressive. Trump not only created a commission to address the crisis head-on, but reportedly added $1 billion in funding to combat the epidemic.

    Read Article >
  • Alex Ward

    Alex Ward

    Trump promised to rebuild the military. His new budget does that, if you squint.

    President Trump Cabinet Meeting
    President Trump Cabinet Meeting
    Ron Sachs-Pool/Getty Images

    President Donald Trump just released his proposed defense budget for 2019, and it’s not as massive as the administration might have you believe.

    On the campaign trail, candidate Trump talked frequently about rebuilding the military and increasing defense spending to do so. Over his past year in office, he’s advocated for giving more money to the military.

    Read Article >
  • Dylan Scott

    Dylan Scott

    Trump’s health care budget, explained

    If Donald Trump’s administration could do anything it wanted in health care, this is what it would do, as told by the FY 2019 budget the White House released Monday.

    At least officially, Trump isn’t giving up on repealing the Affordable Care Act. The budget proposes enacting a repeal-and-replace bill that closely resembles the plan put forward by Sens. Lindsey Graham (R-SC) and Bill Cassidy (R-LA) last fall, which would have turned much of Obamacare’s funding for Medicaid expansion and premium subsidies into block grants for states to create their own health care programs. It would also overhaul Medicaid with a per-person spending cap.

    Read Article >
  • Dylan Matthews

    Dylan Matthews

    The gigantic cuts in Donald Trump’s latest budget proposal, explained

    U.S. Government Shutdown Enters Third Day
    U.S. Government Shutdown Enters Third Day
    Trump budget director Mick Mulvaney.
    Chip Somodevilla/Getty Images

    On Monday, President Donald Trump unveiled the second budget proposal of his presidency, encompassing proposals affecting defense and non-defense funding for government agencies, tax changes, and funding for social insurance and assistance programs like Social Security, Medicare, Medicaid, and food stamps.

    The budget broadly resembles the budget Trump released last year, and both closely follow budget plans put forward by House Speaker Paul Ryan when he was the House Budget Committee chair. Ryan’s previous budget proposals featured trillions in cuts to programs for the poor. While Trump largely leaves the non-disability portions of Social Security unscathed, and boosts funding for border security, veterans, and defense, he cuts just about everything else — including Medicare, which was largely spared in the fiscal year 2018 budget.

    Read Article >
  • German Lopez

    German Lopez

    Trump said, “I love the police.” But his budget slashes funding that helps hire more cops.

    President Donald Trump addresses police officers in New York.
    President Donald Trump addresses police officers in New York.
    Spencer Platt/Getty Images

    President Donald Trump was not shy about his admiration for police officers on the 2016 campaign trail — at one point simply stating, “I love the police. They’re the greatest.”

    But when it comes to putting that love into policy, Trump may not be as generous. In his 2019 budget plan, the Trump administration proposes a nearly 50 percent cut to the COPS Hiring Program, which helps hire local police officers.

    Read Article >
  • Matthew Yglesias

    Matthew Yglesias

    Trump’s infrastructure proposal, explained

    US-POLITICS-TRUMP-PRAYER BREAKFAST
    US-POLITICS-TRUMP-PRAYER BREAKFAST
    MANDEL NGAN/AFP/Getty Images

    In his State of the Union address, Donald Trump promised an infrastructure agenda that would let America “build gleaming new roads, bridges, highways, railways, and waterways across our land.” The actual infrastructure program he’s unveiling today alongside his fiscal year 2019 budget request, however, is likely to do nothing of the sort.

    In part that’s due to the specific elements of the program design. But more fundamentally it’s because of the way the program is financed — or, rather, not financed.

    Read Article >