Trump's new budget proposal slashes Medicaid, Medicare, and CDC funding
.) Oh, and if you were wondering if these cuts would help the president make good on his bold claims of reducing the deficit, it turns out that no, they’re mostly just for cruelty’s sake.
Even with all the proposed spending cuts, the budget would fail to eliminate the federal deficit over the next 10 years, missing a longtime GOP fiscal target. Instead White House officials plan to say their budget proposal would close the deficit by 2035. But it would only achieve this if the economy grows at an unprecedented, sustained 3% clip through 2025, levels the administration has failed to achieve for even one year so far. The U.S. economy grew 2.
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