Trump budget includes infrastructure plan, steep social cuts, rising deficits

President Donald Trump on Monday unveiled an ambitious proposal to renew American infrastructure as part of a budget that calls for a stunning rise in debt and trillions in cuts to social spending. The fiscal blueprint abandons the long-held Republican goal of balancing the federal budget within a decade, with deficits projected to peak in two years and persist into the foreseeable future amid an aggressive buildup in defense spending.

AFP (Agence France Presse) - Least Biased News Agency


Do you appreciate our work? Please consider one of the following ways to sustain us.

MBFC Ad-Free 

or

MBFC Donation




Left vs. Right Bias: How we rate the bias of media sources

Found this insightful? Please consider sharing on your Social Media:

Subscribe With Email

Enter your email address to subscribe to MBFC and receive notifications of new posts by email.

Join 22.8K other subscribers



1 Comment on "Trump budget includes infrastructure plan, steep social cuts, rising deficits"

  1. We’re expecting steep cuts in Medicare, maybe the end of Medicaid, and then we finish off Social Security. Bill Clinton, of course, had already begun “reforming” Social Security back in the 1990s, targeting the disabled. (Some forget that we’re over 20 years into our war on the poor.) All we can do is adjust.

Comments

This site uses Akismet to reduce spam. Learn how your comment data is processed.