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Tuesday, April 20, 2021

Trump’s budget: A showdown over infrastructure spending

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Talks over coming up with a massive U.S. federal spending plan are in full swing today in Washington, with President Trump set to huddle with Vice President Pence, House Speaker Paul Ryan, and Senate Majority Leader Mitch McConnell. In the White House’s latest update, the package is expected to include around $400 billion worth of tax cuts, including a two-year corporate tax cut estimated to total $300 billion. And, if there’s one question that stands out from the conversation thus far, it’s about a separate proposal on infrastructure spending.

Mr. Trump and Republicans currently have a $1.5 trillion long-term spending plan under consideration in Congress. But Democrats, who are pushing for a $1.4 trillion short-term measure, worry that a package that contains a significant amount of tax cuts could turn the package into a one-trick pony.

In other developments from the week:

More on U.S. Supreme Court

On Monday, President Trump signed the executive order meant to ban people from several mostly Muslim countries from entering the U.S. But he didn’t get to list the people he wanted to ban. The rules envisioned a ban on any individual coming from Afghanistan, Libya, Iran, Sudan, Syria, Yemen, and Somalia. The reason for not including these countries is that current Supreme Court Justice Brett Kavanaugh, who Trump appointed last month, sided with the plaintiffs in a case and dissented to the fact that these countries didn’t make the list.

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