Trump’s Budget Will Supercharge America’s Economy
Presidential budgets are visionary documents — fiscal roadmaps of where the White House wants to lead the country. For Donald Trump, it is all about growth and a return to prosperity after 15 years of malaise.
The centerpiece of the White House budget is the business tax cut, which will cost about $2 trillion to $3 trillion over the next decade, and the rest of the budget includes some steep cuts in domestic programs to pay for it. Defense spending also gets a boost, as Trump promised on the campaign.
The big money brawl will be over some of the entitlement programs like Medicaid, food stamps, and disability. All of these programs are rampant with fraud and erroneous payments. The government’s own auditors say the government spends $150 billion a year in checks and payments.