中文字幕网伦射乱中文-超清中文乱码字幕在线观看-亚洲v国产v欧美v久久久久久-久久性网-手机在线成人av-成人六区-国产人与zoxxxx另类一一-青青草国产久久精品-蜜桃av久久久一区二区三区麻豆-成人av一区二区免费播放-在线视频麻豆-www爱爱-成人免费看片视频-性欧美老肥妇喷水-五月99久久婷婷国产综合亚洲-亚洲最色-各种含道具高h调教1v1男男-91丨porny丨国产-国产精品无码专区在线观看不卡-大香伊人

Trump asks cabinet departments to cut spending as budget deficit widens

Source: Xinhua| 2018-10-18 04:52:40|Editor: Mu Xuequan
Video PlayerClose

WASHINGTON, Oct. 17 (Xinhua) -- U.S. President Donald Trump on Wednesday asked his cabinet departments to propose a 5 percent spending cut next year after the U.S. budget deficit rose to a six-year high.

"I'm going to ask each of you to come back with a 5 percent budget cut from your various departments, whether it's a secretary, an administrator, whatever," Trump told reporters prior to a cabinet meeting at the White House.

"I think you'll all be able to do it. There may be a special exemption perhaps," he said.

Trump's remarks came after the government reported that the budget deficit rose to 779 billion U.S. dollars in the fiscal year 2018 ending Sept. 30, the highest since 2012.

Analysts said the administration's tax cut and increased government spending have contributed to the rise of budget deficit in Trump's first full fiscal year as U.S. president.

Kevin Hassett, chairman of the White House's Council of Economic Advisers, said last week that the Trump administration would unveil measures soon to address the federal government's big budget deficit.

The Congressional Budget Office (CBO) has warned that growing budget deficits would boost U.S. public debt sharply over the next 30 years if current laws generally remained unchanged.

The public debt could approach 100 percent of U.S. GDP by the end of the next decade and 152 percent by 2048, reaching the highest level in the U.S. history, according to the CBO.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011105091375400711