The president endorsed a bipartisan budget deal without any of the spending restraints previously demanded by Republicans.
President Donald Trump may have to hand out some new nicknames — for himself — after endorsing a bipartisan budget deal with Congress: “Trillion Dollar Trump?” “Deficit Don?”
With a new bipartisan budget deal that does nothing to cut federal spending, Trump is on track for another $1 trillion deficit this year. And there’s no reason to believe the following fiscal year will be any different, with ballooning deficits from higher spending, the 2017 tax cuts — Trump’s signature legislative achievement, which slashed revenue — and none of the entitlement reforms long preached by Republican leaders on Capitol Hill.
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