White House’s Proposed Budget Would Bump Deficit To Nearly $1 Trillion


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The White House released its 2019 budget proposal Monday, and it would drastically raise the country’s deficit.

The proposal makes a number of cuts to social programs, like Medicaid and Medicare.

Even with those cuts, the Trump administration estimates it’d run into a $984 billion deficit in 2019. And the deficit would remain around $1 trillion for the next few years.

Presidential budgets aren’t official; they’re suggestions meant for Congress. And Congress normally ignores presidential budget proposals altogether.

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Source:: Newsy Headlines

      

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