Trump’s budget sets up our economy to fail by bankrupting the country.
On February 12th, the President unveiled his budget proposal for Fiscal Year 2019. This budget bankrupts the country – it doesn’t even come close to balancing – and sets our economy up to fail. Budgets are about priorities, and this one makes President Trump’s priorities clear: he does not prioritize fiscal sustainability; middle class workers and their families; investments in our economy; or stable, long-term funding certainty for our military and national security agencies. Middle class Americans should have no doubt, after seeing the tax law and this budget, that President Trump is looking out for the wealthy and not for them. His budget cuts investments in job creation, innovation, infrastructure, medical and scientific research, nutrition assistance, and law enforcement. It embraces TrumpCare, kicking millions of Americans off coverage and increasing costs for millions more. It also pursues deep cuts to Medicaid, putting care at risk for seniors in nursing homes, children with disabilities, and low-income families. This is an inefficient, ineffective, and irresponsible budget that ought to be rejected by the Congress.