A new day…
The cut is $200 billion per year for ten years.
The budget plan also directs a variety of House committees to cut spending by at least $1.5 trillion while stating that the goal is to reduce spending by $2 trillion over 10 years.
Just a rounding error?
I’ll huff and I’ll puff and I’ll blow your house down?
In fiscal year (FY) 2024, the federal government spent $6.75 trillion, which was $1.83 trillion more than the $4.92 trillion it collected in revenue. This resulted in a deficit of $1.83 trillion.
But TI has full control over tariffs.