On Tuesday, Office of Management and Budget Director Mick Mulvaney told CNN that the Trump administration does not want to see a tax hike in order to build President Donald Trump's proposed border wall. Mulvaney said that funds for the wall and border security will come from reduced spending in other areas of the federal government.
"We're working right now putting the finishing touches on the FY '19 budget," he said on CNN. "The money that is allocated towards infrastructure spending, federal money that is, will be counted for in the budget." He said, "There'll be no new revenues raised as a part of our proposal." Mulvaney added, "The bottom line, to your original question, I don't think we'll be proposing any new taxes."
In its recently announced framework for immigration reform and border security, the Trump administration proposed $25 billion for border security measures, including the border wall, increased personnel and technology. Mulvaney estimated that the wall itself should cost about $18 billion.