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The economy has been booming ever since the Republican tax cuts were passed in 2017. As a result, America has the potential to make a real impact on our growing fiscal woes, namely the expanding budgets and skyrocketing national debt. If the President’s budget proposal is any indicator, we may be seeing fiscal responsibility in play for the first time in decades.
Most will focus on the $8.6 billion in additional border wall funding since that’s been the sticking point between the two political sides since the Democrats won control of the House in the 2018 midterm elections. But the bigger news to those of us who are paying attention is the proposed $2.7 trillion in budget cuts over the next decade which would represent the highest cuts in our history.
Before we get too excited, being the biggest doesn’t necessarily mean it will be enough. We need to cut quite a bit more and start reforming entitlements immediately if we have any hope of truly tackling the biggest economic problems facing our nation, but to see a step in the right direction is the best money news we’ve had since the tax cuts.
What could be more conservative than chopping budgets and funding the border wall? This is the best budget proposal the President has made so far. It’s time to pressure Congress to make this happen instead of bowing to the Democrats’ demands.
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