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Trump's $4 trillion budget would sharply raise federal deficit
|Last Edited||RP Feb 12, 2018 12:15pm|
|News Date||Monday, February 12, 2018 02:00:00 PM UTC0:0|
|Description||President Donald Trump is proposing a $4 trillion-plus budget for next year that projects a $1 trillion or so federal deficit and — unlike the plan he released last year — never comes close to promising a balanced federal ledger even after 10 years. |
And that's before last week's $300 billion budget pact is added this year and next, showering both the Pentagon and domestic agencies with big increases.
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