""We're fighting wars. We can't take care of day care," Trump said at a private White House event Wednesday."
""It's not possible for us to take care of day care, Medicaid, Medicare - all these individual things. They can do it on a state basis. You can't do it on a federal.""
"The president's annual budget more broadly is considered a reflection of the administration's values and does not carry the force of law."
"With the nation running nearly $2 trillion annual deficits and the debt swelling past $39 trillion, the federal balance sheets have long been operating in the red."
Trump's budget proposal includes a $1.5 trillion request for defense spending, the largest in decades, while reducing nondefense spending by 10%. The plan shifts responsibilities to state and local governments. The president emphasizes military modernization in light of 21st-century threats, particularly amid ongoing conflicts. His budget reflects administration priorities but is subject to Congressional approval. With nearly $2 trillion annual deficits and a growing national debt, the federal budget faces challenges, especially with significant spending on Medicare, Medicaid, and Social Security.
Read at Fortune
Unable to calculate read time
Collection
[
|
...
]