Business is about compromise. One of the primary benefits of having a president who is a businessman as opposed to a politician is that they understand this. Trump has chosen to avoid significant cuts to foreign aid, ensuring that there is a compromise between the Republican and Democratic sides of Congress.
Pelosi was recently in arms about Trump cutting foreign aid. She said that it was a critical component in the budget negotiations. She also questioned the legalities of whether the Trump administration had the ability to cut spending from a package that was already approved by Congress.
The rescission that would have cut over $4 billion of foreign aid has been officially scrapped by Pres. Donald Trump. Much of this comes from an internal struggle between cabinet officials and budget advisers. Although the spending restraint could make a considerable difference, particularly with the rising deficit, Congress has already proved that it is a worthy expense.
A number of Republicans are in Trump’s corner in regards to getting rid of the rescission, including a number of senators. Steven Mnuchin, the Treasury Secretary, as well as Mike Pompeo, the Secretary of State, spoke to Trump about how getting rid of foreign aid could be a threat to national security as well as to the bipartisan negotiations that have been taking place in Congress to avoid a government shutdown – something that many Americans don’t want to see ever again.
Trump was looking to identify fiscal restraint, something that has been a big part of his political campaign. However, spending limits are increased as a result of the budget deal that came from Congress. Overall, there’s $50 billion over the next two fiscal years in comparison to current funding. However, based on all that is going on around the world, Trump doesn’t want to make the cut in the area of foreign aid.
Pelosi has also been the constant reminder that cuts to foreign aid or any other area would be in violation of the “good faith” in place from the bipartisan deal-making. This means that Congress has, essentially, tied Trump’s hands in order to make any real cuts.
Once the House and Senate come back from the break in September, the final aspects of the budget will be finished and any kind of precision is officially off the table.
This is one area where Trump cannot take the fall in terms of added spending. Congress has the power of the budget, based on the Constitution. This means that the Trump administration cannot provide executive overreach in this department – meaning that Trump is not responsible for the $50 billion worth of added budgeted spending. This needs to be a reminder when everything turned south and the House Dems want to point the finger and blame Trump for the added deficit.
Dems need to be reminded that they are a part of the problem, too. Although they are constantly under the belief that they are invincible, they are just as responsible for what happens in the country as the president is. Just because they don’t like who the president is doesn’t mean that they get to walk away blame-free.
In order to add fuel to the fire instead of simply smiling and walking away, Chuck Schumer, the Senate minority leader, tweeted about Trump, saying that he hoped that the president “learned the lesson” in regards to not playing games with the budget. This needs to be held over Chuck Schumer’s head as soon as Schumer wants to point out that there is a larger deficit than ever before. If he wants to tell Trump not to play games with the budget, he cannot blame Trump when the budget blows up in the country’s face.
Now that they rescission for foreign aid cuts is officially out of the equation, it still leaves the exorbitant spending in place on the budget that the Senate has approved. Cuts will need to be made over the next two years in some areas if no additional income is going to be brought in simply because the United States cannot afford such a substantial deficit. Not only will it leave a black mark on Trump’s record but it will also affect the stability of the economy as a whole.
Trump understands that foreign aid is important and necessary to ensure that future appropriations deals are able to move forward. National security is better protected with this move, though Schumer and the rest of the Dems need to figure out where some money can be cut in order to protect the US in other ways.