A Hack and Slash Overview of President Trump's Budget

A majority of President Trump's "American First" budget will be geared toward military and defense spending.

Author:: TheStreet Staff
Publish date:: Mar 16, 2017 10:50 AM EDT

The White House released its 2018 budget blueprint, titled "America First: A Budget Blueprint to Make America Again." A majority of President Trump's "American First" budget will be geared toward military and defense spending, with the U.S. Navy and cyber security being significant priorities. The blueprint also includes a 6.8% increase in investment on border security and immigration enforcement.

To make these increases, cuts will be made elsewhere:

The Environment Protection Agency budget will be slashed by 31%

The Department of Labor by 21%

The Department of Commerce by 16%

The Department of Treasury by 4.1%.

This article was written by a staff member of TheStreet.