OMB releases draft budget blueprint for discretionary spending
Office of Management and Budget Director Mick Mulvaney today released the president’s budget blueprint to federal agencies for review, which includes draft top-line numbers for discretionary spending only. "This is not a full-blown budget,” Mulvaney said during a press briefing. “That will not come until May, so you're not going to see anything in here that has to do with mandatory spending, entitlement reforms, tax policies, revenue projections or the infrastructure plan.” The draft budget blueprint would increase defense discretionary spending by $54 billion and reduce non-defense discretionary spending by $54 billion. He said the administration expects to present a final budget blueprint to Congress by March 16, and a full budget to Congress in the first part of May.