- Aug 28, 2011
- Reaction score
Remember the 8 years when you cared about budget deficits?Maybe McConnell is poorly informed:
Trump adviser eyes entitlement cuts to plug U.S. budget gaps
NEW YORK (Reuters) - A top economic adviser to President Donald Trump said on Monday he expects U.S. budget deficits of about 4 percent to 5 percent of the country’s economic output for the next one to two years, adding that there would likely be an effort in 2019 to cut spending on entitlement programs.
As to defense- I think Trump felt we needed a surge in defense spending to rebuild. However, it can be done more efficiently going forward. I would expect that a 5% cut is doable, given time to look at what parts of the defense budget is inefficient. That is a different discussion than the strength and capabilities issues.