Column: Trump once vowed to wipe out the federal deficit. Now he's just pretending.
“Promises made, promises kept” has been one of President Trump’s frequent boasts in his campaign for a second term.acknowledged, in the fine print, that several of his key promises haven’t been kept at all.
It gave the economy a boost, but only a temporary one. Growth reached 2.9% in 2018 but slowed to 2.3% last year. It’s running about 2% now, according to private-sector economists. His pie-in-the-sky growth number is what budgeteers call a “magic asterisk” — a statistical device that allows a president to claim that he’s meeting his goals even when he’s not. Obama and earlier presidents used them too.Advertisement
That’s not going to happen. House Democrats have promised to resist draconian cuts in the social safety net, health and the environment, just as they did last year and the year before. But maybe that’s not the point. As Trump reportedly told campaign donors last month, “Who the hell cares about the budget?”His 2016 campaign promises were always unrealistic. You can’t cut taxes and balance the budget at the same time without cutting spending so deeply that even Republicans will blink.gutting domestic programs.
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