President Trump’s first budget can be summed up like this: Big gifts for the rich, big cuts for the poor.
He would give a lot more money to the defense industry and wealthy taxpayers, and he would pay for that with an unprecedented slashing of safety net programs for America’s poor.
Advocates for the poor are stunned at the magnitude of the cuts.
It’s a “reverse Robin Hood agenda,” says the Center on Budget and Policy Priorities.
Experts across the political spectrum say the biggest problem with Trump’s budget is that the math doesn’t add up. It will almost certainly add trillions to the debt. Trump promised not to touch Social Security or Medicare on the campaign. Balancing the budget requires reforming those two key programs.
