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Cato Urges Entitlement Cuts to Offset Trump’s Defense Budget Boost
Cato says Congress should pair a defense increase with $2 in entitlement cuts for every $1 in new spending to curb future deficits.
- The Cato Institute urged Congress to reduce entitlement spending, arguing Trump's $2.1 trillion budget request actually costs about $6.7 trillion when mandatory spending like Social Security and Medicare are included.
- Trump's "skinny" fiscal year 2027 budget blueprint seeks $1.5 trillion for defense and $660 billion for non-defense spending, a $73 billion reduction from last year.
- Cato policy analyst Dominick Lett told The Center Square that Congress should aim for hundreds of billions in offsets, warning future cuts will be "more draconian, more significant, and potentially more economically damaging."
- The House Budget Committee will meet next week to consider the budget, though Social Security and Medicare reforms remain politically difficult "third rail" issues that Republicans and Democrats typically avoid.
- By 2036, Social Security, Medicare, Medicaid and interest on the debt will consume 100% of federal revenues, Lett warned, as the national debt exceeds $39 trillion.
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Deficit watchdog urges Congress to cut more, spend less than Trump's budget request
(The Center Square) – As congressional Republicans begin considering how to implement President Donald Trump’s budget request into next year’s government funding bills, fiscal responsibility groups are urging them to find more spending offsets.
Coverage Details
Total News Sources11
Leaning Left0Leaning Right3Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
C 57%
R 43%
Factuality
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