March 11, 2019 "Information Clearing House" -  President Donald Trump’s administration unveiled its third budget proposal Monday, cementing a vision for the United States that bolsters funding for defense and border walls, while severely cutting social programs for the nation’s poorest.

The $4.7 trillion budget proposal, which encompasses everything from funding for food aid, education, and health care to national defense, seeks to slash $845 billion from Medicare — a program Trump notably promised to leave untouched — $241 billion from Medicaid through major structural reforms, as well as a 9 percent cut across non-defense programs, all while increasing the defense budget to $750 billion, 5 percent more than the 2019 budget.

Additionally, Trump’s administration has asked Congress for $8.6 billion for the president’s border wall, a project the president declared a national emergency over earlier this year amid the nation’s longest government shutdown in history.

The proposal also predicts significant economic growth over the next decade — at about 3 percent annually — with the expectation that the government will continue to enact tax cuts and a deregulatory agenda. The projections are far rosier than what outside forecasters expect.