The Presidential Daily Brief


  1. point trump shutterstock 632737265

    Trump Budget Abandons Deficit Reduction Goals

    They’re in the money. The White House unveiled its budget yesterday, a $4.4 trillion plan that would entail a sharp increase in the federal deficit: $984 billion next year and $7 trillion over the next 10 years. The plan, titled “An American Budget,” cuts funding for programs like Medicare and food stamps — contradicting the two-year bipartisan budget President Donald Trump signed last week — but includes large military spending increases. Experts expect neither Democrats nor Republicans will support the proposal, which bucks the longtime GOP priority of balancing the federal budget.

This story is part of The Presidential Daily Brief

view full edition