Looking at Trump’s 2018 Budget

The Trump administration has released its 2018 budget plan, which includes spending and revenue projections for the 2018 to 2027 period. The plan would increase spending on defense, infrastructure, paid leave, and a few other items, but would reduce overall spending substantially compared to the baseline. According to Cato scholar Chris Edwards, “The budget’s spending cuts are being called cruel and heartless, but chronic deficits are imposing huge costs on young Americans down the road, which is totally unethical. Trump should be commended for proposing overdue reforms for such a wide range of spending programs.”

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