On the heels of the largest budget deficit in six years. President Trump is pushing his Cabinet to find cuts.
FOX’s Jared Halpern has more from Washington:
President Trump is requesting each Cabinet Secretary to cut five percent from their budgets next year:
(President Trump): “And I think if you can do more than that, we will be very happy. There are some people at the table, I won’t point you out, who can do substantially more than that.”
Senate Majority Leader Mitch McConnell in a session with reporters says increased spending was part of an agreement to secure more funding for the military.
A Treasury Department report this week showed a higher deficit for the fiscal year that ended last month.
Revenues were up slightly after the tax cuts passed by Congress.
In Washington, Jared Halpern, FOX News.
Follow Jared Halpern on Twitter: @JaredHalpern