4 Reasons Why Trump's Budget Is Bonkers - News Summed Up

4 Reasons Why Trump's Budget Is Bonkers


Trump’s budget will increase military spending by 10 percent (even though U.S. military expenditures already exceed the next seven largest military budgets around the world, combined). And that’s frankly scary for a lot of reasons from what it signals about his foreign policy priorities to the impact of that whopping spending hike like this on other parts of the budget. Trump actually plans to cut corporate taxes (even though U.S corporate profits after are higher as a percentage of the economy than they’ve been since 1947). This is precisely the opposite of what the United States ought to be doing. Republicans in Congress are likely still recovering from the last recess – dubbed appropriately “Resistance Recess.” We need to take that winning spirit of resistance into the budget fight – and the time to start is right now.


Source: Huffington Post March 15, 2017 21:00 UTC



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