President Trump proposed a new budget plan, Monday, which will increase military and nondefense spending, and invest in roads, bridges, waterways, and other infrastructure. The budget plan would add $984 billion to the federal deficit next year, and will slash funding from food stamps, public health insurance, housing vouchers, and the Environmental Protection Agency.
The Environmental Protection Agency plans to set aside $12 million for buyouts and early retirements in coming months, as part of an effort to begin reshaping the agency’s workforce under the Trump administration. Roughly $24 million was unspent by the agency making it a “carryover” fund which was not spent in the last fiscal year and will be added onto the current one. Trump administration is set to release next week, indicates the administration will proceed with its plans to cut the agency’s budget by more than 31 percent compared to its current level.