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Defusing the Debt Bomb

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Defusing the Debt Bomb
President Donald Trump's budget request for fiscal year 2021 arrives at the House Budget Committee on Capitol Hill in Washington on Feb. 10, 2020. J. Scott Applewhite/AP Photo
Stephen Moore
Updated:
Commentary

President Donald Trump’s new budget confirms that without corrective action, trillion-dollar deficits will be with us for years and perhaps decades to come. Trump’s budget plan has many smart and urgent spending reforms. But will Congress ignore them once again?

Stephen Moore
Stephen Moore
Author
Stephen Moore is a senior fellow at the Heritage Foundation, chief economist at FreedomWorks, and co-founder of the Committee to Unleash Prosperity. He served as a senior economic adviser to Donald Trump. His latest book is “Govzilla: How the Relentless Growth of Government Is Impoverishing America.”
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