Trump’s Budget Math Grapples With Economic Reality
The White House makes the case that this is affordable and that the deficit will start to fall, dropping below $1 trillion in the 2021 fiscal year, and that the budget will be balanced by 2035. The new budget forecasts a growth rate for the United States economy of 2.8 percent this year— or, by the metric the administration prefers to cite, a 3.1 percent rate.
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