Tuesday, July 24, 2018

Unless Trump dusts off his veto pen, he will be the debt king

GOP lawmakers are currently entertaining tax cuts 2.0, but why is there no discussion of spending cuts 1.0?

Lost in the uproar over Putin last week was the White House’s projection that the annual deficit for this coming fiscal year, beginning in October, will top $1 trillion — despite a booming economy.
After signing the terrible omnibus bill in March, the fourth major budget capitulation of his presidency, Trump promised, “I will never sign another bill like this again. I’m not going to do it again.” We were told that this was needed in order to beef up our military spending. So what is the excuse for Congress to continue the non-defense spending binge again for FY 2019, and why is the White House not issuing a veto warning?

The coming GOP spending binge 

This week, the Senate is packaging four spending bills together into a “minibus.” The bill funds Agriculture, Transportation-HUD, Financial Services, and Interior-Environment. The total cost is $154.2 billion, continuing the spending levels of the omnibus and even increasing spending for departments like HUD. These are all non-defense departments against which Trump should be brandishing his veto pen unless the spending levels are brought into line with his budget proposal.

https://www.conservativereview.com/news/unless-trump-dusts-off-his-veto-pen-he-will-be-the-debt-king/ 

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