CBO: Trump’s Budget Cuts Deficit $3.3T Over 10 Years—Still Runs $6.8T in Red

The Congressional Budget Office released an analysis today that concludes that President Donald Trump’s 2018 budget proposal would cut the cumulative federal deficit by $3.3 trillion over the next ten years, but that even with that massive cut in the deficit the federal government would still run $6.8 trillion in the red during that period.

Source: CBO: Trump’s Budget Cuts Deficit $3.3T Over 10 Years—Still Runs $6.8T in Red