Trump Budget Plan Sees Federal Debt Topping $30 Trillion Over Decade

The video discusses the president's budget proposal, aiming to reduce the deficit by $4.6 trillion over 15 years. It includes a 5% cut in non-defense spending while increasing military funding. The proposal assumes 3% economic growth, driven by trade deals and deregulation. It also addresses Medicaid reforms and funding for the border wall. The budget reflects a shift in priorities, focusing on defense and security while cutting non-defense spending.

What is the primary goal of the president's budget proposal?

• To reduce taxes for the wealthy

• To cut all welfare programs

• To balance the budget in 15 years

• To increase military spending by 10%

Which growth rate is assumed in the budget's economic projections?

• 3%

• 5%

• 2%

• 4%

What is the expected deficit as a percentage of GDP in the 10th year of the budget window?

• 1.5%

• 1%

• 2%

• 0.5%

What is the role of trade deals in the budget's economic strategy?

• To increase tariffs on imports

• To stimulate economic growth

• To reduce the national debt

• To decrease unemployment benefits

What is the proposed change to Medicaid in the budget?

• Complete elimination of Medicaid

• Expansion of Medicaid to all citizens

• A 10% cut in Medicaid funding

• Reforms to encourage economic participation

How much funding is allocated for the southern border wall in the budget proposal?

• $1 billion

• $2 billion

• $4 billion

• $3 billion

What is the philosophical change mentioned in the budget regarding spending?

• Increasing both defense and non-defense spending equally

• Linking defense and non-defense spending

• Delinking defense and non-defense spending

• Reducing both defense and non-defense spending equally