Sign up for our newsletter

Below is a report that DML News gives a 4 OUT OF 4 STARS trustworthiness rating. We base this rating on the following criteria:

  • Provides named sources
  • Reported by more than one notable outlet
  • Does not insert opinion or leading words
  • Includes supporting video, direct statements, or photos

Click here to read more about our rating system.

As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by CNBC:

President Donald Trump said Wednesday that he will ask each of his Cabinet secretaries to cut 5 percent of their respective budgets, shortly after he pledged to reduce spending and lower the U.S. budget deficit.

“We’re going to be asking for a 5 percent cut from every secretary today,” Trump told reporters at the White House in advance of a meeting with those secretaries.

The article goes on to state the following:

The proposal comes days after the Trump administration announced a $779 billion budget deficit for fiscal 2018 — a six-year high and a 17 percent jump from the previous fiscal year.

“He’s asking them to cut the fraud, the waste, the abuse,” White House senior advisor Kellyanne Conway said on Fox Business News. “Cut the fat, not the essentials.”

To weigh in on this information provided by CNBC, engage in our LIVE CHAT below. Scroll down.

Sign up for our newsletter

Click here to join the comments

Previous articleBREAKING: U.S. Treasury senior official arrested, charged with leaking info on ex-Trump advisers
Next articleREPORT: Sheriff reports ICE forced to release illegal immigrants ‘out of the front door’