Trump saying nothing about cutting entitlements, and Ryan saying nothing about that
President Donald Trump faces some grim forecasts on budget issues, but shows no signs of being open to cuts to entitlement programs, Hawkings writes. (Bill Clark/CQ Roll Call)
Nothing President Donald Trump said in his first speech to Congress, and nothing visible on this year’s budget battle horizon, will change the grim realities of the long-range federal fiscal forecast.
Trump continues to sound like he’s out to refashion the Republicans as populist protectors of elderly Americans and their expansive government safety net, and GOP leaders on the Hill newly sound like they aren’t going to do anything to stand in his way. That represents a fundamental retreat from three decades of party orthodoxy, which could revive the sort of ballooning annual deficits long derided by Republicans as the enemy of national economic stability.