Excerpts from The Washington Times
By: Cheryl Chumley
Tuesday, May 23, 2017
"President Donald Trump is proposing in his 'New Foundation for American Greatness' plan some of the largest cuts to government programs the country’s seen in a decade, including a provision that will reign in debt and cut spending by $3.6 trillion over the next ten years.
"That means by 2027, the budget would be balanced.
"Finally. A budget plan that actually helps taxpayers … by letting those who work for their money actually keep more of their money.
"In total, Trump’s proposed budget calls for a total of $4.1 trillion in spending, with the focus on defense, border security and infrastructure.
"It also spends $2.6 billion on the border, including $1.6 billion for a border wall.
"There hasn’t been a fiscally responsible budget like this proposed from the White House in well over eight years.
"... Proper U.S. budgets are supposed to provide for the maintenance and operation of the constitutional duties of the government … Trump’s budget plan … offers a breath of fresh air in a thriftless society that constantly gives the nod to more spending, more borrowing, more quantitative easing — all the while driving up debt and pushing off looming economic disasters on the next generations."
Read the full op-ed here.
Budget and Spending Budget and Deficit Spending