White House Unveils $4.8 Trillion Budget Proposal

The video discusses President Trump's $4.8 trillion budget proposal for fiscal year 2021, which includes a slight increase in military spending and significant cuts to nondefense spending and foreign aid. The proposal aims to eliminate the federal deficit by 2035 but faces challenges in Congress, where Democrats hold the majority. The plan reflects Trump's priorities, such as border security and tax cuts, as the 2020 election approaches.

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