What to Expect From Trump's Budget

The video discusses the challenges of balancing pro-growth policies with deficit control under Trump's administration. It highlights the need for increased defense spending and the political difficulties in reforming entitlement programs like Social Security. The role of the bond market and the Federal Reserve in funding the deficit is examined, along with the importance of tax reform being revenue neutral.

What is the significance of the bond market's willingness to fund the deficit?

In what ways do tax reform proposals need to consider revenue neutrality in light of the deficit?