President Donald Trump will unveil his budget proposals later this week, which is likely to include the cutting of government bureaucrats at levels not seen since the end of the Second World War, according to budget analysts.
The budget, which will be released on Thursday, is expected to drastically decrease the size of government, cutting jobs in sectors such as housing, foreign aid, and environmental protection — and instead prioritizing areas such as the military and homeland security.
According to an analysis conducted by Mark Zandi, chief economist at Moody’s Analytics, Trump’s plans could reduce employment in the capital by 1.8 per cent and average personal income by 3.5 per cent, as well as reducing house prices by 1.9 per cent.
During his presidential campaign, Trump promised to “drain the swamp” of Washington D.C. by eliminating corruption and reforming the federal government.
Trump also promised to introduce a hiring freeze on all federal employees to reduce the federal workforce through a process of attrition, with the exemption of the military, public safety, and public health.