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Presidential budgets mean little in practice. Congress ultimately passed budgets and sets spending levels, and it rarely follows through on presidential budget cuts.
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The budget appears to balance in 15 years, according to a summary by ZeroHedge. But this assumes 3 percent economic growth over that time span.
Russia, Despite Military Ventures, Cut Defense Spending By Most In Decades
The U. On top of that, debt retards economic growth.
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Studies have shown that GDP growth decreases by an average of about 30 percent when government debt exceeds 90 percent of an economy. By some estimates, U.
Ever since the U. In other words, we can expect the increasing debt to put a continually increasing drag on growth.
Media Lies, Trump Increases Medicaid Spending
In fact, the CBO estimates 1. It means more trillion dollar deficits and skyrocketing debt. Like Donald Trump, Thomas Jefferson faced a huge national debt when he took office in Tens of millions of dollars in healthcare cuts will force thousands of people throughout California to forego regular medical treatment for diseases such as diabetes, asthma and high blood pressure; prenatal and post delivery care for mothers and newborns; screening for cancer, lead poisoning and retinopathy; and various dental and mental health services.
Without these services, individuals will be denied medical treatment which could result in emergencies such as a diabetic coma, sudden vision loss or acute kidney failure. The Governor has completely eliminated funding for domestic violence shelters. These shelters provide refuge to women and children from abuse and often violent relationships, providing counseling, job training and medical care so they may live independently and raiser their children in a safe environment.
Bus riders pay price for GLTC budget cuts - The Liberty Champion
Plaintiff Rosa Navarro receives treatment and preventive care from St. Another consequence of the cuts is that many children will not receive the immunizations or primary care they should.
These cuts by the Governor are putting everyone at risk! Because his vetoes have no legal effect, the suit seeks an injunction restoring to the budget all funds he attempted to cut.
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