Budget, FY 2019: The Era of Trump Deficits Has Begun - NBC Chicago
President Donald Trump

President Donald Trump

The latest news on President Donald Trump's presidency

Budget, FY 2019: The Era of Trump Deficits Has Begun

Some conservatives have lashed out over the new spending on the domestic programs while others see the spending justification for a massive restructuring of entitlements like Medicare, Medicaid and Social Security

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    NEWSLETTERS

    Trump's 2019 Budget Boosts Defense, Slashes Safety Nets

    Proposed 2019 budget includes increases in military spending, but sharp cuts to social programs. (Published Tuesday, Feb. 13, 2018)

    The Trump administration has released the 2019 fiscal budget, a likely dead-on-arrival political blueprints for how the president thinks Washington should raise and spend money, NBC News reported. 

    According to Trump's budget office, the return of annual deficits in the trillion-dollar range as a result of the recently passed $1.7 trillion tax cut means a total debt increase of about $7.1 trillion over the next decade.

    Some conservatives have lashed out over the new spending on the domestic programs while others see the spending justification for a massive restructuring of entitlements like Medicare, Medicaid and Social Security, NBC News reported. 

    Congress funds the Pentagon and the State Department out of annual discretionary funds. But entitlement funding is paid out by law on the basis of eligibility of the applicant. It costs the government every time a person signs up and becomes eligible for the safety net programs. 

    Parkland Shooting Survivor Calls 'BS' on Politicians' Gun Stance

    [NATL] Parkland Shooting Survivor Calls 'BS' on Politicians' Gun Stance

    Marjory Stoneman Douglas High senior Emma Gonzalez had a message for president Donald Trump and for other politicians on their failure to enact sensible gun laws: "BS." Gonzalez was one of several survivors to speak at a rally held outside the Federal Courthouse in Fort Lauderdale, Florida, to speak out against the gun lobby.

    (Published Sunday, Feb. 18, 2018)