Trump has proposed to Congress a $4 trillion+ budget for next year that projects a $1 trillion or so federal deficit and in the biggest surprise leaked last night, and unlike the plan he released last year, never comes close to promising a balanced federal ledger even after 10 years.
And that was BEFORE last week's $300 billion budget pact is added this year and next, showering both the Pentagon and domestic agencies with big increases.
The spending spree, along with last year's tax cuts, has the deficit moving sharply higher, and spooking interest rates.
Ironically, the original plan was for Trump's new budget to slash domestic agencies even further than last year's proposal, but instead it will land in Congress three days after he signed a two-year spending agreement that wholly rewrites both last year's budget and the one to be released Monday. The 2019 budget was originally designed to double down on last year's proposals to slash foreign aid, the Environmental Protection Agency, home heating assistance and other nondefense programs funded by Congress each year.
Trump will again spare Social Security retirement benefits and Medicare as he promised during the 2016 campaign. And while his plan would reprise last year's attempt to scuttle the "Obamacare" health law and sharply cut back the Medicaid program for the elderly, poor and disabled, Trump's allies on Capitol Hill have signaled there's no interest in tackling hot-button health issues during an election year.
- Bloomberg has noted that Trump’s FY19 budget proposal calls for $1.7t in cuts to mandatory spending and receipts and a 2% yearly reduction in non-defense discretionary budget after 2019. As part of the mandatory spending, the budget projects $237 billion in savings from Medicare over 10 yrs.
Henry Walker
Hilldawg should've won.
Eli Hughes
babby'd
Cameron Flores
MAGA
Noah Foster
- Budget request calls for $716b for defense and includes a 2.6% pay raise for troops - $80b in IT and cyber- funding as well as $210m for a technology modernization fund - Nearly $17b in opioid-related spending in 2019, including $10b in new funding for HHS - Requests $18b for border wall construction
Mulvaney, the former tea party congressman who runs the White House budget office, said Sunday that Trump's new budget, if implemented, would tame the deficit over time, only it wasn't exactly clear how. >"The budget does bend the trajectory down, it does move us back towards balance. It does get us away from trillion-dollar deficits. Just because this deal was signed does not mean the future is written in stone. We do have a chance still to change the trajectory. And that is what the budget will show tomorrow.
And the punchline: last year, Trump's budget projected a slight surplus after a decade, but critics said it relied on an enormous accounting gimmick — double counting a 10-year, $2 trillion surge in revenues from the economic benefits of "tax reform." Now that tax reform has passed, the math trick can't be used, and the Trump plan doesn't come close to balancing.
As a result, Trump's budget no longer even comes close to balancing over 10 years.
Meanwhile, critics say this year's Trump plan, which promises 3% growth, continuing low inflation, and low interest yields on U.S. Treasury bills despite a flood of new borrowing, underestimates the mounting cost of financing the government's $20 trillion-plus debt.
Jace Kelly
Guns will be taken
Eli Walker
>family drama it gets better with time r-right guys
Zachary Williams
not enough drones in the background
Christopher Williams
POST WHITE ART
Jackson Peterson
Shields will be splintered
Cooper Watson
...
Jace Howard
4 posts by this ID. filtered after the first.
Thanks for the early notification.
Benjamin Perry
do a nigga shit in da woods?
Michael Martinez
>trump destroys economy with gov debt >seen as God among men like founders when he fixes it madman
Angel Clark
...
Noah Gutierrez
honestly someone should just replace all the leaves in the background with a collage of pepes
Brody Baker
Thanks OP
Gavin Flores
No hope for the right
Jeremiah Clark
...
Carter Wood
You will all be replaced
Evan Williams
From the time when men dreamed dreams
Jack Davis
Um guys...
Adrian Allen
There is one- and only one- eternal truth:
You cannot stump the Trump
Caleb Sanders
And forgotten
Alexander Sanders
w-what
Thomas Lee
I'd like to point out at this point that not only is it incredible to how much a degree the Obama administration spied on the Trump campaign, but how with all those resources, time, and illegal abuse of government agencies, they STILL couldn't even find one smoking gun bad thing Trump had ever done.
Isaiah Flores
> under 65 Its THAT bad? That's literally retarded in Finland
Mason Fisher
10x better
Gavin Gomez
>critics say
If these fucking problems were solved 10, 20 or 30 years ago instead of kicking the can down the road, handing out gibs and launching wars you wouldn't have to spend the money now you niggers.
Jaxson Campbell
She cant even Trifoce.
Brayden Rogers
...
Liam Bennett
Germany is being degenerate with their parade floats again
Justin Flores
>Be failed billionaire who fucks a retired supermodel >Get illegally spied on for over a year >They still ain't found shit
Brayden Wood
Do African's produce a car truck or motorcycle? or do they not have the manufacturing capabilities?
Ryder Flores
if your best case against someone is >they fucked hot women you probably don't have a case
Justin Watson
It truly is remarkable. Either Trump is squeaky clean or the Obama Administration was woefully inept.
Nolan Thompson
at this point we need religious muslims to take over and cure this degeneracy
>failed billionaire Yeah like you're a failed autist
Isaiah Howard
>This is allowed in Germanistan but talking shit about Muslims gets you sentenced for hate speech Growing real goddamn tired of this shit in EU
Anthony Miller
what's left of his legacy? tranny bathrooms and obamacare?
Zachary Gomez
Growth will fix most of this. Short and mid-term investments combined with an attractive business environment (loe tax and deregulated) will drastically improve GDP growth long term.
More growth = more revenue = deficit reduction and debt paid down.
Most of this spending is front-loaded out of necessity. Infrastructure NEEDS to be repaired and upgraded. The military NEEDS more funding etc.
Alexander Miller
...
Ryder Cooper
the fag federal law, right?
Nathan Lopez
>trump is doing well against disgruntled middle class traditional whites, what can we do to stop him? >i know, let's imply he fucks too many beautiful women >great idea!
Jack Sullivan
This looks like a painting I'd find in my dentist's waiting room.
Christian Jones
>supermodel That Melania bitch ain't no supermodel lmao
Jayden Ross
what are these portraits even for? dont tell me they're supposed to go in the white house.
Aaron Kelly
Africans are worthless.
Mason Stewart
daily reminder: (((they))) are going after Kelly because he's too hard-line on immigration, and they want Mickey out of CPFB and in to Chief of Staff position because he's slowly killing bureaucracies.
Sebastian Thomas
pls r8,
if OP likes it enough I'd be honored if it was the next OP
Evan Torres
If those "things" hang on the WH walls I fully approve Trump hiring prostitutes to piss on them.
Nicholas Price
>talking shit about Muslims gets you sentenced for hate speech
Oh wow, that sure sounds like our country too, atleast nowadays.
Sebastian Diaz
....Continue with the art (Contributing historic photo)
Ryder Torres
doubt hes completely clean, you don't make it in leftist cities like NY without buying off people he's just a genius, by definition, and the gov is inept the absolute state of DC PR firms >we dont have a connection to the working class >i know, lets call their bonuses "crumbs"
Jaxson Moore
Vote for that lady that wants Finland to leave the EU then.
Isaac Gray
What is this?
Eli Fisher
With niggers anything bad is possible.
David Perez
What's the proper response? Going over there and raping their kids? Oh wait... hahaa
Jonathan Moore
not bad at all
James Gutierrez
I'm glad trump dropped the idea of using American steel for the pipelines we are building and realized Russian steel is superior
Parker James
should just make one of those "its okay to be white" posters with just "muslims are anti-semitic"
Ethan Powell
>talking not the Finland i know
Juan Garcia
Pile of buffalo skulls.
Joshua Scott
thats one thing i dont understand how does trump think the welfare state is going to exist and not die? no amount of gov income can supply it.
Ayden Bell
Buffalo skulls.
Joseph Nguyen
she was never going to win... got 7% of votes I think
Also, she wouldn't have any power on that regardless
Mason Lewis
oh i guess i should announce that i won't be baking next one, i have class and shit just baked this one since no one else was
Leo Lopez
...
Christopher Rodriguez
why is that picture something to be proud of?
Jason Jackson
...
Wyatt Jackson
He just lied so older trumpfags would vote for him >Mexico is paying for it
Mason Cook
I thought this was fan-art. You're telling me these aren't a meme? This is really what they went with?
Hold on a sec, gotta dust off this classic for another round.
John King
>Obama said, "That's pretty sharp". My fucking sides. He hated that shit too.
Christian Gomez
>Africans >Manufacuring
Ryder Barnes
I unironically think Trump is our version of Bruce Wayne. He's been planning a presidential run for decades and he's crafted this playboy persona to shield his true intentions. I'm not saying he doesn't like to fuck hot women, but I don't think he's as much of a degenerate as people think.
Samuel Murphy
kek
Matthew Walker
Not as bad as the Ronaldo statue, but holy hell the Obamas got portrayed terribly by these artists here
Aiden Evans
cowabunga dudetts!
Luis Green
d'shaun laplumpf
John Ward
Why do Leftists say White Americans are dying off when 9/12 states where White Americans are dying more then being born are solid blue???
Owen Bennett
No one said anyone was, you just assumed it retard. It's history not a fucking swim competition, you don't have to be proud of it.
Anthony Reed
Is this going into his library, or the White House?
Jace Morris
>(And That's A Good Thing)
I'll never stop laughing at this
Jacob Harris
mexico is paying for it they are a laughing stock the mexican ego has vanished like the mexican intellectual
Ethan Smith
It may not be something to be proud of, but it is historical.
Jaxon Jackson
Do they even have cnc machines, or just in the white parts?
Tyler Edwards
I tried clicking update but clicked this, How do I bleach my computer?
Henry Williams
We are almost just as cucked as swedes are. Politicians are now talking about 10 000 annual migrant quotas(it's currently 750)
Caleb Moore
Lol come and take them, bucko
Eli Barnes
lol there isn't going to be a wall to pay for
Isaac Torres
How many times do I have to prove to you that Joe is literally /our lad/?