US Politics in Trump era Public date: 03.10.2019 13:07:34

12 Feb 2018

White House Proposes $4.4 Trillion Budget That Adds $7 Trillion to Deficits

President Trump on Monday sent Congress a $4.4 trillion budget with steep cuts in domestic programs and entitlements, including Medicare, and large increases for the military, envisioning deficits totaling at least $7.1 trillion over the next decade. The blueprint, which has little to no chance of being enacted as written, amounts to a vision statement by Mr. Trump, whose plan discards longtime  Republican orthodoxy about balancing the budget, instead embracing last year’s $1.5 trillion tax cut and new spending on a major infrastructure initiative.
President Trump on Monday sent Congress a $4.4 trillion budget with steep cuts in domestic programs and...

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