The Hill: Trump Administration Targets $10T in Federal Spending Cuts

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President-elect Donald Trump’s transition team is planning for a $10.5 trillion cut in federal government budget over 10 years in a bid to reduce federal bureaucracy, The Hill newspaper reported Thursday.

Alexander Bolton writes that transition officials Russ Vought and John Gray met with White House career staff to discuss the incoming administration’s plans to save money through agency funding reductions and program reforms.

The proposal is similar to a blueprint of federal spending recommendations that Washington-based think tank Heritage Foundation published last year, according to the report.

The report said the Trump administration eyes significant cuts to budgets of the departments of Energy, Commerce, Transportation, State and Justice.

The next administration also considers privatization of the Corporation for Public Broadcasting and elimination of the National Endowment for the Humanities and National Endowment for the Arts, Bolton reported.

Bolton added the transition team could release the proposal within Trump’s first 45 days in office and the incoming president could unveil his first budget proposal in mid or late April.

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