As many expected, the Department of Labor didn’t escape President Trump’s 62-page budget plan (released yesterday) unscathed. But the extent of the proposed cutbacks should certainly raise a few eyebrows.
On a percentage basis, the DOL tied the Agriculture Department for third place on the list of agencies being targeted for biggest cutbacks (with a 21-percent decrease), just behind the Environmental Protection Agency (31.4-percent decrease) and the State Department (31.4-percent decrease).
From a dollar standpoint, under the plan, the proposed DOL budget would be slashed by $2.5 billion—to $9.6 billion.
So how will the DOL find these savings?