Don't HR Alone #5 - Budget News and Survey finds Americans forfeit half of their earned paid tim


Trumps’ budget tackles major reforms at Labor Department — FEDERAL NEWS

On May 23, 2017, President Donald Trump released his budget, which according to Director of Management and Budget Mick Mulvaney, is a "taxpayer first" budget, constructed with an eye toward the folks who are paying for it, rather than its recipients. Mulvaney stressed that the budget balances in 10 years based on 3 percent economic growth (as opposed to 1.9 percent, which the previous administration saw as a ceiling), but many commenters have called this economic growth estimate unrealistic. Among other things, the budget proposal would impose several major reforms at the Department of Labor.

Reform pillars. The budget rests on eight pillars of reform supporting what the Trump Administration sees as it "moral commitment to replacing our current economic stagnation with faster economic growth":

  • Health reform

  • Tax reform and simplification

  • Immigration reform

  • Reductions in federal spending

  • Regulatory rollback

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