06-21-2018 04:10:41 PM -0700
06-21-2018 08:27:13 AM -0700
06-20-2018 09:04:40 AM -0700
06-20-2018 06:42:47 AM -0700
06-19-2018 10:24:27 PM -0700
It looks like you've previously blocked notifications. If you'd like to receive them, please update your browser permissions.
Desktop Notifications are  | 
Get instant alerts on your desktop.
Turn on desktop notifications?
Remind me later.


Stretch, grab a late afternoon cup of caffeine and get caught up on the most important news of the day with our Coffee Break newsletter. These are the stories that will fill you in on the world that's spinning outside of your office window - at the moment that you get a chance to take a breath.
Sign up now to save time and stay informed!

Trump's Spending Cuts 'Are Totally Imaginary'

Donald Trump Air Force One

Writing for Reason, Veronique de Rugy explains that President's Trump budget for the fiscal year 2019 was "dead before it even arrived. It was doomed by the horrendous budget deal that was made by congressional Republicans and Democrats -- and then signed by Mr. Trump himself."

She continues:

The administration just signed a budget agreement that busted the non-defense budget caps and  increased funding for this category by more than 10 percent. This makes the proposed cuts in non-defense spending laughable. The administration would concentrate $1.5 trillion in cuts over ten years exclusively on the non-defense side if the budget, while defense spending would grow by $800 billion over that same period of time. Even if the administration was serious about fiscal restraint, the imbalance between defense and non-defense would make the cuts politically impossible.