How important is fiscal transparency - Business Finance
Please respond to the following: How important is fiscal transparency? When looking at the 2017 America First: A Blueprint to Make America Great Again, does the executive/federal budget reflect a realistic assessment of the fiscal problems facing state and local government? The response should include a minimum of 300 words and references in APA format. The 2017 report is attached.
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America First
A Budget Blueprint to Make
America Great Again
Office of Management and Budget
America First
A Budget Blueprint to Make
America Great Again
Office of Management and Budget
Table of Contents
Page
President’s Message �������������������������������������������������������������������������������������������������������������������������������1
OMB Director’s Message �����������������������������������������������������������������������������������������������������������������������3
Major Agency Budget Highlights ��������������������������������������������������������������������������������������������������������5
Management ���������������������������������������������������������������������������������������������������������������������������������������������7
Regulation ������������������������������������������������������������������������������������������������������������������������������������������������9
Department of Agriculture �����������������������������������������������������������������������������������������������������������������11
Department of Commerce �������������������������������������������������������������������������������������������������������������������13
Department of Defense ������������������������������������������������������������������������������������������������������������������������15
Department of Education �������������������������������������������������������������������������������������������������������������������17
Department of Energy �������������������������������������������������������������������������������������������������������������������������19
Department of Health and Human Services ����������������������������������������������������������������������������������21
Department of Homeland Security ���������������������������������������������������������������������������������������������������23
Department of Housing and Urban Development ������������������������������������������������������������������������25
Department of the Interior �����������������������������������������������������������������������������������������������������������������27
Department of Justice �������������������������������������������������������������������������������������������������������������������������29
Department of Labor ���������������������������������������������������������������������������������������������������������������������������31
Department of State, USAID, and Treasury International Programs ��������������������������������������33
Department of Transportation ����������������������������������������������������������������������������������������������������������35
Department of the Treasury ���������������������������������������������������������������������������������������������������������������37
Department of Veterans Affairs ���������������������������������������������������������������������������������������������������������39
Environmental Protection Agency ���������������������������������������������������������������������������������������������������41
National Aeronautics and Space Administration �������������������������������������������������������������������������43
Small Business Administration ���������������������������������������������������������������������������������������������������������45
Summary Tables ������������������������������������������������������������������������������������������������������������������������������������47
Table 1. Proposed Discretionary Caps for 2018 Budget�������������������������������������������������������������49
Table 2. 2018 Discretionary Overview by Major Agency������������������������������������������������������������50
Table 3. Major 2018 Budget Changes from Current Law�����������������������������������������������������������52
Table 4. Major 2017 Changes from Security Supplemental Request�����������������������������������������53
GENERAL NOTES
1. All years referenced for economic data are calendar years unless
otherwise noted. All years referenced for budget data are fiscal
years unless otherwise noted.
2. At the time of this writing, only one of the annual appropriations bills for 2017 had been enacted (the Military Construction
and Veterans Affairs Appropriations Act), as well as the Further
Continuing and Security Assistance Appropriations Act, which
provided 2017 discretionary funding for certain Department of
Defense accounts; therefore, the programs provided for in the
remaining 2017 annual appropriations bills were operating under a continuing resolution (Public Law 114-223, division C, as
amended). For these programs, references to 2017 spending in
the text and tables reflect the levels provided by the continuing
resolution.
3. Details in the tables may not add to the totals due to rounding.
4. Web address: http://www.budget.gov
AMERICA FIRST
Beginning a New Chapter of American Greatness
A MESSAGE TO THE CONGRESS OF THE UNITED STATES:
The American people elected me to fight for their priorities in Washington, D.C. and deliver
on my promise to protect our Nation. I fully intend to keep that promise.
One of the most important ways the Federal Government sets priorities is through the Budget
of the United States.
Accordingly, I submit to the Congress this Budget Blueprint to reprioritize Federal spending
so that it advances the safety and security of the American people.
Our aim is to meet the simple, but crucial demand of our citizens—a Government that puts
the needs of its own people first. When we do that, we will set free the dreams of every
American, and we will begin a new chapter of American greatness.
A budget that puts America first must make the safety of our people its number one priority—
because without safety, there can be no prosperity.
That is why I have instructed my Budget Director, Mick Mulvaney, to craft a budget that
emphasizes national security and public safety. That work is reflected in this Budget
Blueprint. To keep Americans safe, we have made tough choices that have been put off for
too long. But we have also made necessary investments that are long overdue.
My Budget Blueprint for 2018:
•
provides for one of the largest increases in defense spending without increasing the
debt;
•
significantly increases the budget for immigration enforcement at the Department of
Justice and the Department of Homeland Security;
•
includes additional resources for a wall on the southern border with Mexico, immigration judges, expanded detention capacity, U.S. Attorneys, U.S. Immigration and
Customs Enforcement, and Border Patrol;
•
increases funding to address violent crime and reduces opioid abuse; and
•
puts America first by keeping more of America’s hard-earned tax dollars here at home.
The core of my first Budget Blueprint is the rebuilding of our Nation’s military without adding
to our Federal deficit. There is a $54 billion increase in defense spending in 2018 that is offset
by targeted reductions elsewhere. This defense funding is vital to rebuilding and preparing
our Armed Forces for the future.
We must ensure that our courageous servicemen and women have the tools they need to deter
war, and when called upon to fight, do only one thing: Win.
In these dangerous times, this public safety and national security Budget Blueprint is a
message to the world—a message of American strength, security, and resolve.
This Budget Blueprint follows through on my promise to focus on keeping Americans safe,
keeping terrorists out of our country, and putting violent offenders behind bars.
1
The defense and public safety spending increases in this Budget Blueprint are offset and paid
for by finding greater savings and efficiencies across the Federal Government. Our Budget
Blueprint insists on $54 billion in reductions to non-Defense programs. We are going to do
more with less, and make the Government lean and accountable to the people.
This includes deep cuts to foreign aid. It is time to prioritize the security and well-being of
Americans, and to ask the rest of the world to step up and pay its fair share.
Many other Government agencies and departments will also experience cuts. These cuts
are sensible and rational. Every agency and department will be driven to achieve greater
efficiency and to eliminate wasteful spending in carrying out their honorable service to the
American people.
I look forward to engaging the Congress and enacting this America First Budget.
Donald J. Trump
2
A Message from the Director, Office of Management and Budget
I am proud to introduce the “America First” Budget.
While recognizing this Blueprint is not the full Federal budget, it does provide lawmakers
and the public with a view of the priorities of the President and his Administration.
The Federal budget is a complex document. However, working for a President committed to
keeping his promises means my job is as simple as translating his words into numbers.
That is why you will find here a familiar focus on rebuilding and restoring our Nation’s
security. Under the Obama Administration, our shrinking military has been stretched far
too thin. The military has been forced to make aging ships, planes, and other vehicles last
well beyond their intended life spans. The President will reverse this dangerous trend. From
rebuilding our Armed Forces to beefing up our border security and safeguarding our Nation’s
sovereignty, this Budget makes security priority one.
It does so while meeting another of the President’s core commitments: addressing our Nation’s
priorities without sending future generations an even bigger credit card bill.
This 2018 Budget Blueprint will not add to the deficit. It has been crafted much the same
way any American family creates its own budget while paying bills around their kitchen
table; it makes hard choices.
The President’s commitment to fiscal responsibility is historic. Not since early in President
Reagan’s first term have more tax dollars been saved and more Government inefficiency and
waste been targeted. Every corner of the Federal budget is scrutinized, every program tested,
every penny of taxpayer money watched over.
Our $20 trillion national debt is a crisis, not just for the Nation, but for every citizen. Each
American’s share of this debt is more than $60,000 and growing. It is a challenge of great
stakes, but one the American people can solve. American families make tough decisions
every day about their own budgets; it is time Washington does the same.
Mick Mulvaney
3
MAJOR AGENCY BUDGET HIGHLIGHTS
The 2018 Budget is being unveiled sequentially
in that this Blueprint provides details only on our
discretionary funding proposals. The full Budget
that will be released later this spring will include
our specific mandatory and tax proposals, as well
as a full fiscal path.
For instance, the President has emphasized that
one of his top priorities is modernizing the outdated
infrastructure that the American public depends
upon. To spearhead his infrastructure initiative,
the President has tapped a group of infrastructure
experts to evaluate investment options along
with commonsense regulatory, administrative,
organizational, and policy changes to encourage
investment and speed project delivery. Through
this initiative, the President is committed to
making sure that taxpayer dollars are expended
for the highest return projects and that all levels
of government maximize leverage to get the
best deals and exercise vigorous oversight. The
Administration will provide more budgetary, tax,
and legislative details in the coming months.
In the chapters that follow, Budget highlights
are presented for major agencies. Consistent
with the President’s approach to move the Nation
toward fiscal responsibility, the Budget eliminates
and reduces hundreds of programs and focuses
funding to redefine the proper role of the Federal
Government.
The Budget also proposes to eliminate funding
for other independent agencies, including:
the African Development Foundation; the
Appalachian
Regional
Commission;
the
Chemical Safety Board; the Corporation
for National and Community Service; the
Corporation for Public Broadcasting; the Delta
Regional Authority; the Denali Commission;
the Institute of Museum and Library Services;
the Inter-American Foundation; the U.S. Trade
and Development Agency; the Legal Services
Corporation; the National Endowment for
the Arts; the National Endowment for the
Humanities; the Neighborhood Reinvestment
Corporation; the Northern Border Regional
Commission; the Overseas Private Investment
Corporation; the United States Institute of
Peace; the United States Interagency Council
on Homelessness; and the Woodrow Wilson
International Center for Scholars.
5
MANAGEMENT
Making Government Work Again
The Federal Government can—and should—
operate more effectively, efficiently, and securely.
For decades, leaders on both sides of the aisle
have talked about the need to make Government
work better. The President is taking bold action
now to make Government work again for the
American people.
As one of his first acts as President, on
January 23, 2017, the President issued a
memorandum imposing a Federal “Hiring
Freeze” and requiring a long-term plan to reduce
the size of the Federal Government’s workforce.
In addition, on March 13, 2017, the President
signed Executive Order 13781 establishing
a “Comprehensive Plan for Reorganizing the
Executive Branch,” which set in motion the
important work of reorganizing executive
departments and agencies. These two actions
are complementary and plans should reflect
both Presidential actions. Legislation will be
required before major reorganization of the
Executive Branch can take place, but the White
House is best situated to review and recommend
changes to the Congress. In roughly a year,
the Congress will receive from the President
and the Director of the Office of Management
and Budget (OMB) a comprehensive plan for
reorganization proposals. The White House
will work closely with congressional committees
with jurisdiction over Government organization
to ensure the needed reforms actually happen.
Simultaneously, the Administration will
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