The GOP president’s proposed budget, an annual document that outlines the priorities of the administration, doesn’t balance over a decade in large part because, even with slightly stronger economic growth, it projects the government will collect less federal revenue than it forecast last year. That is because of the $1.5 trillion tax cut enacted in December.
One result is the document projects a budget deficit next year that is nearly double what his proposal estimated last year.
Those figures don’t take into account a two-year budget agreement Congress struck last week that would increase federal spending by $300 billion. Independent analysts said the deal could boost federal deficits above $1 trillion next year.
In other news, Trump's approval rating is up:
Which just goes to show you... if you take a cash advance on your credit card and hand cash to your children, they'll like you...
Where's the conservative outrage? Or is the entire GOP passed out drunk on fiscal koolaid?