Some of President Donald Trump’s planned budget cuts appear to be targeted more at undercutting Democratic priorities than at shrinking the national debt.
A host of planned funding cuts to federal agencies, reported last week by The Hill, are part of the Trump administration’s desire to eliminate roughly $10.5 trillion in spending over the next 10 years – nearly all of the federal government’s discretionary spending.
Yet Trump has vowed not to cut entitlements, such as Medicare and Social Security, and promised to beef up military spending, which represents the lion’s share of federal spending – making it hard for him to do more than chip away at the margins of the nearly $20 trillion national debt.
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