Egypt, Saudi Arabia coordinate on regional crises ahead of first Supreme Council meeting    FRA launches first register for tech-based risk assessment firms in non-banking finance    Egypt's Health Ministry, Philips to study local manufacturing of CT scan machines    African World Heritage Fund registers four new sites as Egypt hosts board meetings    Maduro faces New York court as world leaders demand explanation and Trump threatens strikes    Egypt identifies 80 measures to overhaul startup environment and boost investment    Turkish firm Eroglu Moda Tekstil to invest $5.6m in Egypt garment factory    EGX closes in red area on 5 Jan    Gold rises on Monday    Oil falls on Monday    Al-Sisi pledges full support for UN desertification chief in Cairo meeting    Al-Sisi highlights Egypt's sporting readiness during 2026 World Cup trophy tour    Egypt opens Braille-accessible library in Cairo under presidential directive    Abdelatty urges calm in Yemen in high-level calls with Turkey, Pakistan, Gulf states    Madbouly highlights "love and closeness" between Egyptians during Christmas visit    Egypt confirms safety of citizens in Venezuela after US strikes, capture of Maduro    From Niche to National Asset: Inside the Egyptian Golf Federation's Institutional Rebirth    5th-century BC industrial hub, Roman burials discovered in Egypt's West Delta    Egyptian-Italian team uncovers ancient workshops, Roman cemetery in Western Nile Delta    Egypt, Viatris sign MoU to expand presidential mental health initiative    Egypt's PM reviews rollout of second phase of universal health insurance scheme    Egypt sends medical convoy, supplies to Sudan to support healthcare sector    Egypt sends 15th urgent aid convoy to Gaza in cooperation with Catholic Relief Services    Al-Sisi: Egypt seeks binding Nile agreement with Ethiopia    Egyptian-built dam in Tanzania is model for Nile cooperation, says Foreign Minister    Al-Sisi affirms support for Sudan's sovereignty and calls for accountability over conflict crimes    Egypt flags red lines, urges Sudan unity, civilian protection    Egyptian Golf Federation appoints Stuart Clayton as technical director    4th Egyptian Women Summit kicks off with focus on STEM, AI    UNESCO adds Egyptian Koshari to intangible cultural heritage list    Egypt recovers two ancient artefacts from Belgium    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Trump's budget likely to get rejected Monday
Published in Amwal Al Ghad on 09 - 03 - 2019

When President Donald Trump proposes his 2020 federal budget on Monday, official Washington will likely have a quick look, shrug and move on, marking another stage in the quiet decay of the U.S. government's traditional policy-making processes.
There was a time when the release of the president's budget was a red-letter day on the calendar of Washington wonkery, with policy experts and fiscal hawks delving into spreadsheets and expounding upon new spending plans and the national debt.
But the hoopla of budget day is gone, a relic of a time when politics were less polarized, the federal deficit drove political decisions and the White House and Congress still took the budget process seriously.
"It has seemed to me that budget day ain't what it used to be," said Robert Bixby, who has pored over the budget for more than 25 years at the Concord Coalition, a fiscal responsibility advocacy group.
Last year's budget weighed in at a whopping $4.4 trillion. It was not balanced and was panned for relying on rosy economic projections and for not doing enough to cut the federal deficit.
The 2020 Trump budget will land a month after a deadline established in law, a lag blamed on the recent five-week partial shutdown of the federal government over a funding dispute.
Congress, which controls federal spending, is likely to dismiss Trump's proposal, if recent history is any guide.
The Democratic-ruled House of Representatives and Republican-majority Senate also are unlikely to agree on a joint budget resolution of their own. Instead, they probably will stumble forward until fiscal 2019 ends and a spending deadline arrives on Oct. 1, forcing them to produce a last-minute deal or face another government shutdown.
"The entire process has become one of missed deadlines, make-believe budgets filled with gimmicks and magic asterisks," said Maya MacGuineas, president of the Committee for a Responsible Federal Budget.
MacGuineas remembers in years gone by "scurrying around" to read through the budget as fast as possible so that she could answer a flurry of calls from reporters. These days, the budget is a blip on the news cycle, a process that is neither serious nor effective.
"I think it feels like a bit of kabuki theater at this point, for everybody," MacGuineas said.
The White House disagreed. The budget process helps the administration set priorities for agencies for the year ahead and lays down a marker on issues, a senior administration official said, speaking on condition of anonymity.
"Of course, Congress has the power of the purse but the president's budget plants a flag to define terms of the tax and spending debate in Washington," the official said.
The traditional budget and appropriations process was limping along well before Trump took office.
One of former President Ronald Reagan's budgets in the 1980s was brought out on a stretcher as a stunt to show the document was alive and well, ahead of it being declared dead-on-arrival in Congress, recalled Stephen Moore, a senior fellow at the Heritage Foundation, a conservative think tank.
"What we have right now is essentially government by automatic pilot and that's not healthy," Moore said, describing the cycle of last-minute massive omnibus spending bills agreed on only when deadlines loom.
The budget and spending process has been further hobbled by lawmakers' unwillingness to compromise and tendency to put off hard decisions while hoping for a shift in the next election cycle, said Kenneth Baer, an associate director in the Office of Management and Budget under former President Barack Obama.
Trump's budget office has accelerated the downward slide of the process by using more gimmicks to make up for shortfalls, Baer said. "All the normal ways of operating the government have just been thrown out of the window," he said.
Trump's acting budget director, Russell Vought, has said the budget aims to cut non-defense spending and cap spending under levels set in the 2011 Budget Control Act – a feat made possible only with an increase in an emergency account called the Overseas Contingency Operations (OCO) fund to cover Trump's plan to increase defense spending.
The tactic makes a mockery of the budget process, said Bixby of the Concord Coalition.
"It's nothing but an astronomical gimmick! It's over the top! It's so over the top, it's clownish!" Bixby said.
With the national debt now topping $22 trillion and the deficit at $900 billion in 2019, it is unlikely that Washington will find its way to fiscal discipline without an overhaul of the process, Bixby said.
He said he is frustrated and worried that it could take a crisis to jolt change, like a recession or a failure to raise the government's debt limit – something that needs to happen in coming months to avoid stumbling into a first-ever default.
"If they act as dysfunctionally this fall as they did last fall and throw the debt limit into the mix, it's very, very toxic," Bixby said.


Clic here to read the story from its source.