Trump to propose budget that won't balance within a decade
by Nihal Krishan
| February 10, 2020 08:55 AM
President Trump's fiscal year 2021 budget, to be released Monday, won't balance within a decade.
Nevertheless, the Trump administration, eager to portray itself as fiscally conservative even as it presides over spending increases and tax cuts, will include $4.4 trillion in spending reductions over the next decade in the budget document, aiming to have it balance within 15 years, rather than the 10-year time frame usually used in such budget blueprints.
The White House budget, which is just a proposal and will be ignored by Congress, is expected to signify that Trump's priorities lie in directing new funding to the military and NASA while cutting foreign aid and environmental protection and proposing reduced entitlement spending.
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https://www.washingtonexaminer.com/policy/economy/trump-to-propose-budget-that-wont-balance-within-a-decade