President Trump’s Federal Budget is the Start of Reduced Spending

President Trump’s Federal Budget is the Start of Reduced Spending

President Trump’s Federal Budget is the Start of Reduced Spending

President Donald Trump’s spending plan is the “start” of the government reigning in spending, particularly in entitlement programs, according to Republican National Committee (RNC) spokeswoman Kayleigh McEnany.

“We think this budget is the 1st start” of reigning in spending, she said, pointing to a proposed $237 billion cut to Medicare spring, the heath program for the elder and disabled, Ms. McEnany said.

 

She also hailed the $1.5-T infrastructure proposal that relies heavily on state and local governments to produce much of the funding.

Democrats “have already charged the taxpayer $787-B,” from an Obama-era Y 2009 stimulus plan, she said, and it “did not work.”

“Let us try to raise money from the private sector,” she said.

Stay tuned..

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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