Trump’s so-called “deficit-closing” budget foresees $1.1T deficits in 2019, 2020, and 2021, and a $1T deficit in 2022 and that’s after he cuts Medicare by $845B, $241B from Medicaid, demands another $8.6B for WALL, and lavishes increased spending to the tune of $750B into DOD … the same government organization that horrendously failed their budgetary audit (and had no clue where billions of dollars just vanished) … and that is supposedly pulling out of countries, conflicts and wars across the globe. What’s with the 5% increase for a budget line item that already represents 68% of all discretionary spending?

Those deficits will add to the existing and excessive $22T of debt and put further strain on the budget, our (as in you and I) ability to borrow as we compete against the US Govt, and more dependence on China to loan us what is needed. Continuing to run budget deficits during “good times” seriously harms our national security. At some point, as our debt becomes untenable, we’ll be forced to bow to our lender’s demands to stay afloat.
Keep in mind that the delusional morons in the White House are still projecting 3% growth in GDP through 2022 and beyond. Economists, on the other hand, are projecting a slowdown in growth and expect GDP growth to be more in the range of 2% or less. That means that the actual budget deficits will be much larger.

At some point, the interest-on-debt will be the only thing taxes will be paying and the money we’ve all paid as FICA taxes for Social Security and Medicare coverage in our elder years, they’ll need to confiscate that to pay down the debt they created. I may be a Democrat, but I’m a fiscal conservative, and I’m here to tell you, our nation’s exploding DEBT is a serious National Security problem!

Read President Donald Trump’s 2020 budget proposal here.