President Donald Trump's proposed 2018 federal budget would cut spending by $4.3 trillion over 10 years, reports The New York Tines.
Office of Management and Budget director Mick Mulvaney briefed White House reporters Monday on the proposed budget. The White House will release a complete version of the $4.1 trillion budget plan Tuesday.
The budget, titled "A New Foundation for American Greatness," calls for major spending cuts to most nondefense federal agencies, including the Food and Drug Administration.
Under the spending cuts, the FDA would receive $1.89 billion in 2018, marking a 31 percent decrease from 2017. To offset this budget cut, the Trump Administration would increase user fees — the amount drug and devicemakers must pay for the agency to review their products — by $1.3 billion, reports STAT.
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