President Trump's first full budget is out. We look at what it gets right and wrong.
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25 May 2017 - President Trump’s first full budget was unveiled yesterday. It has the worthy goal of reducing the national debt as a share of the economy, but how it gets there needs more work.
18 May 2017 - Everybody wants to grow the economy faster, and with good reason. In addition to improving incomes for Americans, more growth will also help fix the debt. However, some politicians are making unrealistic promises about how much growth can be achieved.
12 May 2017 - We have the official forecast of what the national debt will look like in the years to come if we don’t fix the debt, and it is dire. While the prospect of debt growing indefinitely from already historical highs is cause enough for concern, the outlook is even more daunting when we put the numbers in human terms.
Washington is Already Behind in Deciding Government Spending for Next Year, But That Isn’t the Worst Part
10 May 2017 - Last week, Congress finally settled federal government spending for this fiscal year...seven months into it. Now, it already finds itself behind in addressing the budget for the coming year. However, what is even more troubling is that all the time and effort is being spent on a small and diminishing share of the budget.