27-02-2017 22:04 via feedproxy.google.com

Trump is about to repeat a big time Reagan blunder

The Washington Post reports that Trump's economic team will propose a budget that increases defense spending, while cutting smaller programs to make up for it.
Treasury Secretary Steve Mnuchin has also said the administration will not cut entitlements.
We've seen this play before, and it ends badly.
Cutting federal programs outside of big entitlements like Social Security and Medicare isn't enough to offset that big boost in defense spending, and we know that because it's a repeat of a
Read more »