President Donald Trump’s proposed $1 trillion tax cut for individuals, corporations, and small businesses is a disaster.
The proposed tax cuts for the wealthy would have left an estimated $1.4 trillion unfunded in 2018 and 2019, according to the Joint Committee on Taxation.
The tax cuts on small businesses would have increased by $600 billion over the same period.
This budget would have cut more than $200 billion from the federal deficit.
The only thing Republicans have to fear from this budget is a Democratic majority in Congress.