President Donald Trump claimed that his administration is “spending a lot of money on the inner cities.” But there has been little change in spending so far, and his first budget proposes to cut or eliminate funding for some programs that benefit cities.
Rep. Lamar Smith said that, after national security agencies, “NASA received the most favorable budget request from the Trump administration.” True, but President Trump’s 2018 proposal would still cut NASA’s budget by about 3 percent compared with the agency’s enacted budget for 2017.
The president’s budget counts on economic growth to reach a balance, but his tax cut plan also relies on that growth to remain revenue-neutral. Tax and budget experts say that’s double-counting the same money.
Ohio Gov. John Kasich took a swipe at New Jersey Gov. Chris Christie’s governance, saying “we have a balanced budget” but “they don’t over in New Jersey.” The state constitution requires New Jersey to have a balanced budget, and it does.
Q: Did the CBO say Obamacare will cost $50,000 for every person who is insured? A: No. A newspaper calculated the cost at $50,000 per newly insured person. But that’s over 10 years and covers more than just the previously uninsured.