If passed by Congress and signed by President Trump, the deal would stop a potential debt default this fall and avoid automatic spending cuts next year
Trump's outline would sharply cut spending on safety-net programs
Trump's budget for the 2020 fiscal year will increase requests for some agencies while reducing others to reflect those priorities
The deadline for an agreement on funding to keep the government open is Friday, raising the specter of a repeat of the 35-day partial shutdown that ended January 25
It is being seen as a largely symbolic move that sets the stage for Republicans to rewrite the American tax code without a single Democratic vote
Rolling back of Dodd-Frank financial reform bill would save $24 billion over a decade
Overall, NASA's funding for 2018 would be cut from roughly $19.3 billion to $19.1 billion
President Donald Trump will send proposal to Congress on Thursday