DC Daily: President Trump's budget proposal includes $54B in military spending

Posted at 8:58 AM, Feb 27, 2017
and last updated 2017-02-27 15:16:52-05

As President Donald Trump continues to fill numerous vacancies in his administration, a new version of his travel ban could be implemented very soon.

What's happening today:

President's budget proposal includes $54B in military/defense spending
-- According to the White House, President Trump's budget will propose a whopping $54 billion increase in defense spending and impose corresponding cuts to domestic programs and foreign aid.

The approximately 10 percent increase for the Pentagon would fulfill a Trump campaign promise to build up the military.

Trump's morning tweet(s):
-- The president went on Twitter following a meeting with health insurance company officials and posted:

President says U.S. health care system on verge of "imploding"
-- Without offering specific details about what he wants in a replacement package, Trump said the current health insurance market is "going to absolutely implode" and called on the executives to work with the government on a way forward.

"We must work together to save Americans from Obamacare," he said.

Officials say Trump won't cut Medicare, Social Security
-- Treasury Secretary Steven Mnuchin told Fox News Channel's "Sunday Morning Futures" that "we are not touching those now." He says people should not "expect to see that as part" of the administration's first budget.

Trump's Navy Secretary nominee withdraws
-- Philip Bilden, President Trump's Secretary of the Navy nominee, withdrew his name from consideration on Sunday.

In a statement, Bilden said: "After an extensive review process, I have determined that I will not be able to satisfy the Office of Government Ethics requirements without undue disruption and materially adverse divestment of my family's private financial interests."

Bilden recently retired from a private equity investment management firm, according to a White House statement.

Oscars host Kimmel reaches out to Trump via Twitter during broadcast
-- Oscars host Jimmy Kimmel tweeted at President Trump during the Academy Awards show after he was concerned the president had not tweeted during the day.