Trump proposes 5 percent budget cut for each Cabinet agency

WASHINGTON — On the heels of a new Treasury Department report showing a 17 percent rise in the annual federal budget deficit, President Donald Trump said Wednesday that he was asking his Cabinet to propose major belt-tightening.

“We’re going to be asking for a 5 percent cut from every secretary,” Trump told reporters, adding “if not more,” just before a Cabinet meeting when he actually sat down with his lieutenants a few minutes later.

Source: Trump proposes 5 percent budget cut for each Cabinet agency

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