Trump Proposes $4.8 Trillion Budget, With $2 billion for Border Wall

The White House is releasing its budget proposal for fiscal year 2021 (starting on October 1) today, February 10, and administration officials have confirmed some key figures from the document over the weekend.

Fiscal conservatives will be dismayed by the total amount of the budget — $4.8 trillion —and will be taking a close look at it to see how much it adds to the federal debt, which has increased by $2.8 trillion since the start of the Trump administration and is projected to increase by $4.7 trillion through the end of the decade because of spending increases and tax cuts.

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