President Trump is reportedly telling aides to prepare for significant budget cuts should he win reelection, marking a reversal of the sizeable spending the White House has directed since he took office.
Five people briefed on the discussions told The Washington Post that the administration will be better positioned to reduce spending and shrink or completely scrap certain agencies starting in 2021, especially if Republicans win back the House.
However, the cost-cutting goal for a potential second-term is thrusting uncertainty into how to tackle current negotiations with House Democrats on crafting a budget and lifting the debt ceiling, the newspaper reported.
Trump, who was once a vociferous critic of raising the debt ceiling without concessions, is now calling to lift the limit to allow more spending and borrowing, saying it’s a “sacred thing in our country” that shouldn’t be used to negotiate.
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