Trump’s Budget Harms National Security
How the plan would make America less safe
The Trump administration has delivered its behemoth $4.5 trillion budget. Even if one accepts the 3 percent GDP growth the administration anticipates (which the Federal Reserve nor the Congressional Budget Office does), the plan would not produce an end to the deficit profligacy that is a yawning vulnerability for America’s national security. Even its calculations see deficit spending continue for more than a decade while interest rates magically remain unaffected.
