Trump 2021 budget would only benefit the richest in US: Analyst

President Donald Trump shows a signed Presidential Memorandum after delivering a statement on the Iran nuclear deal from the Diplomatic Reception Room of the White House, Tuesday, May 8, 2018, in Washington. (AP Photo/Evan Vucci)

The 2021 budget US President Donald Trump has proposed would only benefit the richest people living in the United States, says a political analyst.

David Cay Johnston, founder of the news organization DCReport from New York, made the remarks in an interview with Press TV on Wednesday when asked about the 2021 budget that was released on Monday by the Trump administration.

He said the budget “presumes a dramatic increase in economic growth, (but) under Donald Trump, a growth of the American economy has slowed each year.”

“He’s proposing to cut spending for the hungry and the poor in America, but he wants to increase spending on those things that would benefit the wealthiest people in America,” he added.

“What this budget tells you though is what the people around Donald Trump want, which is an America that is run of, by and for the rich instead of the America we’ve known.”

Experts believe the budget allocated funds to grow the US military industrial complex while cutting the budgets allocated to health and welfare.

The new budget will raise military spending by 0.3% to $740.5 billion for the fiscal year 2021.

Given Trump’s belief in US military superiority, the new budget aims to give America the upper-hand in the arms race with Russia and China.

The numbers proposed in the budget, indicate that Trump aims to gain global superiority by restoring nuclear weapons to a central role in America’s military strategy…..more here

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