US EditionWhy Trump’s FY 2027 Budget Could Be the Document that Triggers a Debt Crisis
Critics say the plan uses a 3.0% growth forecast and other rosy assumptions to justify a 42% defense increase while avoiding debt and entitlement reforms.
6 Articles
6 Articles
Social Security back on the chopping block for this deceptive reason: Fortune
President Donald Trump’s 2027 budget contains trillions of dollars in grief for the American people down the road despite its innocuous appearance, according to a recent report.“America’s long-term budget outlook just got a lot scarier,” Fortune Magazine reported. “If the bond vigilantes are already circling, and if they’re looking for more reasons to dump U.S. bonds and push Treasury yields to crisis levels, they need do nothing more than read …
Why Trump’s FY 2027 budget could be the document that triggers a debt crisis
America’s long-term budget outlook just got a lot scarier. If the bond vigilantes are already circling, and if they’re looking for more reasons to dump U.S. bonds and push Treasury yields to crisis levels, they need do nothing more than read the newly issued Budget of the U.S. Government for Fiscal Year 2027 (starting Oct. 1, 2026). The document, compiled by the White House’s Office of Management and Budget (OMB), calls for big spending increase…
Donald Trump’s 2027 Budget Explodes Defense Spending While Ignoring America’s Debt Crisis.
(ThyBlackMan.com) The president’s fiscal 2027 budget is out, and I have two reactions. The first will sound familiar: Like so many budgets before it, this is not a serious effort to put America’s government on a sustainable path. The second is more important: It would be a mistake to dismiss it as just another unserious document. That is exactly how we got here. Start with what the new budget does and does not do. It’s not a comprehensive fiscal…
It’s Time to Take Unserious Presidential Budgets Seriously – The American Spectator | USA News and Politics
The president’s fiscal 2027 budget is out, and I have two reactions. The first will sound familiar: Like so many budgets before it, this is not a serious effort to put America’s government on a sustainable path. The second is more important: It would be a mistake to dismiss it as just another unserious document. That is exactly how we got here. Start with what the new budget does and does not do. It’s not a comprehensive fiscal plan. It covers o…
The White House’s new 2027 fiscal budget raises a sharp increase in spending, especially in defense, supported by growth projections, rates, and revenue that several analysts consider unrealistic. The combination has reactivated the warnings about the deficit, federal debt, and the risk of a crash in the US bond market. *** The proposal raises defense spending by 42% and adds more than $4.5 billion in new disbursements over the next decade. The …
CRFB Statement on President’s FY 2027 Budget
President Trump released his Fiscal Year (FY) 2027 budget request last week. The President’s budget is intended to outline the Administration’s priorities, including discretionary spending, mandatory spending and revenue proposals; however, this budget focuses only on the discretionary spending request and supplemental requests for mandatory funding to be enacted through the reconciliation process. The budget proposes to increase total defense…
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