Trump budget boosts military, slashes social safety nets

(NBC News) — President Trump’s $4.8 trillion dollar budget plan was released Monday.

It boosts military spending and provides more funds for a wall along the Mexico border, but cuts food stamps, farm subsidies and student loans.

House Speaker Nancy Pelosi claims it’s “brazenly inflicting savage multi-billion-dollar cuts to Medicare and Medicaid.”

The budget is based on rosy projections and program changes, and has little chance of passing without major alterations.

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