[Note: Yesterday, ahead of the White House unveiling of President Trump’s 2018 fiscal year budget we released a blog on What to expect in Trump’s 2018 budget (and what it means to North Carolina) and a blog on the “Significant positive impacts” under ‘The People’s Budget’.]
On Tuesday President Trump released the first full budget proposal of his presidency. Various national organizations have already released statements on Trump’s proposed budget and the consensus is loud and clear: President Trump’s budget is not good for the American people and relies on various assumptions that are highly unlikely to occur.
The Center on Budget and Policy Priorities stated:
“President Trump’s new budget should lay to rest any belief that he’s looking out for the millions of people the economy has left behind. He proposes steep cuts in basic health, nutrition, and other important assistance for tens of millions of struggling, low- and modest-income Americans, even as he calls for extremely large tax cuts for the nation’s wealthiest people and profitable corporations … This budget isn’t worthy of the American people, and it betrays the millions of struggling Americans who placed their hopes in Donald Trump.”