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Trump's budget proves GOP deficit hawks are a dying breed
Trump has again demanded yet another $8.6 billion for his vanity wall.
3/12/19
n the introduction to his new budget proposal President Donald Trump warns that the federal government "must protect future generations from Washington's habitual deficit spending." He then lays out a budget that makes clear he won't be the one to curb that habit. Under Trump's plan, the national debt is expected to increase by 40% over the next 10 years, from $22 trillion to $31 trillion. Just a few years ago, and with Barack Obama's name on the front page, a White House budget like this would have had Republican heads in Washington spinning. For nearly a decade, GOP lawmakers warned about the dangers of growing deficits and national debt. Republicans took control of the House of Representatives in 2010 by riding a Tea Party wave fueled by voters angry over the financial crisis and obsessed with limiting what they saw as out-of-control government spending. Nearly a decade later, this White House budget is as clear a sign as any that Republican budget hawks are a dying breed and that under President Donald Trump, the GOP has lost its verve for fiscal discipline.
During the Obama era, Paul Ryan spent years presenting lean, entitlement-reforming budgets in the House, knowing they would go nowhere with Democrats in control of the Senate and the White House. The high point of GOP fiscal hawkishness came in 2011, when House Republicans pressed Obama into signing the Budget Control Act, which raised the debt limit of the US government in exchange for a significant reduction of the budget deficit. What a difference a few years makes. Ryan has left Congress, budget deficits have continued to skyrocket, and Mulvaney is now working for Trump as Budget Director and as acting chief of staff. At Monday's press briefing introducing the 2020 budget, acting OMB director Russell Vought echoed the confidence in growth as a deficit-buster. "We are confident that the president's historic tax reforms, deregulation, trade policy unleashing American energy will continue our economic growth. Economic policies in this budget will generate more than enough revenue to pay for the costs of the tax cut," Vought said.
Trump has again demanded yet another $8.6 billion for his vanity wall.