The director of the Office of Management and Budget (OMB) Mick Mulvaney introduced President Donald Trump’s first budget proposal. He briefed the reporters from the White House on the budget, for which the actual document will be released today, when its gets presented to the lawmakers on Capitol Hill. Here are the few important highlights from the briefing,

• The budget proposals will be delivered to the lawmakers both in congress and in the Senate on Tuesday and Mr. Mulvaney will be testifying before House budget committee on Wednesday and before Senate budget committee on Thursday.
• The budget report is titled as ‘A new foundation of American Greatness’. It is also being called as Taxpayer first budget. The White House is claiming that the budget was prepared by understanding or looking through the eyes of taxpayers.
• The budget is aimed at making the United States fiscally balance in 10 years. It begins to reduce the deficit as a percentage of the overall economy in year one.
• The budget aims at a sustained growth of 3 percent over the next 10 years.
• The budget does fund President’s priorities that include, money for national security, money for border security, money for a wall, technology people, infrastructure at the border, money for law enforcement at the federal and the state levels, money for veterans, and money for school choice.
• The budget proposes $25 billion for parental leave for the first time ever in the United States.
• The budget assumed that President Trump’s tax proposals are deficit neutral.
• It suggests that reforms to food stamps program and temporary assistance to needy programs would save close to $200 billion over the next 10 years.
• The budget also wants to require child tax credit and earned income tax credit claimants to show they have social security numbers, as part of changes that would save $40bn.
• The plan also includes Trump’s initial proposals (March) to cut down the budget of several government agencies including state department, justice department, and EPA.