Pound foolish–but not penny wise
The Trump Administration released its $4 trillion budget on 23 May. Like the president himself, the budget promises a lot, delivers very little, and is full of misinformation. The administration promises to eliminate the federal government’s budget deficit within 10 years, while at the same time offering tax cuts to the wealthiest Americans. To get a sense of the scale of this task, consider the current fiscal position of the US government.