President Trump Donald John TrumpCould Donald Trump and Boris Johnson be this generation's Reagan-Thatcher? (19659003) is reportedly telling aides to prepare for significant budget cuts should he win reelection, marking a reversal of the sizeable spending the White House has directed since he took office.
Five people briefed on the talks told the Washington Post that the administration will be better placed to reduce spending and shrink or completely scrap certain agencies starting in 2021
However, the cost-cutting goal for a potential second-term is thrusting uncertainty about how to tackle current negotiations with House Democrats on crafting a budget and lifting the debt ceiling, the newspaper reported. and vociferous critic of raising the debt ceiling without concessions, is now calling to lift the limit to allow more spending and borrowing, saying it's a "sacred thing in our country" that should not be used to negotiate.
Treasury Secretary Steve Mnuchin said the government could run out of money by early September if the debt ceiling is not increased. He's negotiating with Speaker Nancy Pelosi Nancy PelosiDHS chief to Pelosi: Emergency border funding 'has already had an impact' The Hill's Morning Report: Trump faces new hit on deficit MORE (D-Calif.) Over the prospect, though talks were stalled over an administration request for a $ 150 billion spending cut. Mick Mulvaney John (Mick) Michael MulvaneyThe Hill's Morning Report: Trump walks back from 'send her' (19659004) But Mnuchin's push for a deal does not completely mesh with calls from other advisers. back 'chants' Trump faces new hit on deficit' for significant cuts this term, a dispute that threatens to spill over into a potential Trump second term, The Post noted. Democrats have already said the sizeable cuts are non-starters for them this time around and they are not expected to agree to such steep cuts as Trump will be reelected.
Inserting even more confusion into the matter, Trump has not told aides how sweeping he