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Federal $300 billion Spending Deal Signed By Trump, Ending A Government Shutdown And Implementing A Two Year Budget Deal: Will The Deficit Balloon?

ArmchairPolitician.US, February 18, 2018, by Brad Peery

Book on Amazon.com: Trump’s Political Agenda and Achievements

WWW.ArmchairPolitician.US, ArmchairPolitician.US@gmail.com

On February 8, 2017, the $300 billion budget deal became law. Shortly thereafter, Trump introduced his detailed fiscal 2019 budget forecast that did not include the details of the $300 billion budget deal. The 2019 budget forecast needs […]

The Republicans Are Trying To Pass A Budget And A Tax Bill In 2017. Will It Happen?

ArmchairPoliticianBudgetTaxReductions October 21, 2017, by Brad Peery, WWW.ArmchairPolitician.US, ArmchairPolitician.US@gmail.com

Both the Senate and House have passed budget bills. Completing a budget will is needed before a tax reduction bill can be adopted. Both of these are needed to complete a meaningful budget. Therefore a completed budget cannot really be completed until the details of possible […]

Trump Budget Strategy: Target 10% or More Budget Reductions for Most Departments, and the EPA, While Increasing Defense and Security Expenditures.

armchairpoliticianbudget, March 19, 2017, by Brad Peery, ArmchairPolitician.US

ArmchairPolitician.US View: The Trump Budget is an outline of the discretionary spending priorities over the next four years. Not included are the personal and corporate tax reductions, infrastructure spending initiatives, and spending in excess of the $4.5 billion in the budget for a Southern border wall, all […]

Trump Border Security: The Wall Is Unlikely To Be All Physical. Many Technical and Procedural Issues Exist

March 9, 2017

The actual “wall” is expected to be a combination of a physical wall, border agent increases, technology, and aerial surveillance.

The budget is expected to increase by $4 billion, with 5,000 being added to the border patrol, and 10,000 Immigration and Customs Enforcement (ICE} agents being added, including a increase in those […]

The Trump Tax Cuts Are Coming: Will the Deficit Increase?

March 5, 2017

Armchairpoliticiantaxcuts, Brad Peery, ArmchairPolitician.US

The fiscal 2017 budget estimate is that taxes of $3,477 billion will be collected, up 4.2% from fiscal 2016.

Corporate taxes are forecasted to be $343 billion, or 9.9% of collections, and about flat over the 2 year period since fiscal 2015. The overall corporate tax rate should […]

Government Spending: If Trump Can Stimulate the US Growth Rate, Tax Increases Could Help Reduce the Deficit, Subject to the Impact of Tax Reductions.

Armchair Politician, March 3, 2017, Brad Peery, ArmchairPolitician.US

Spending Overview from the US Budget for fiscal 2017

Spending on Social Security, unemployment, and labor is estimated to be about 36% of all outlays in 2017. This is greater than average when compared to budgets from other years. (Average proportion = 35%) Medicare and general health […]

What Are the Deficit Issues? The Trump Policies Are Unlikely to Reduce the a Currently Very High Deficit Level.

Armchair Politician, March 3, 2017, Brad Peery, ArmchairPolitician.US

To address the budget deficit, the first element is understanding the budget deficit as a percentage of GDP. A corporate analogy is a company looking at its debt as a percentage of revenues. However, the drawback is that the Government does not make a profit. In 2010, […]

Planned Defense Spending Increases Were Incorrectly Reported by the Media. What Are the Realities?

3-2-16-By Brad Peery, ArmchairPolitician.US. Addition to Feb 17, 2017 post.

Military Readiness Has Declined: What Does It Take to Restore US Capabilities? On Fox Business General Jack Keane, who declined Trump’s offer to be Defense Secretary, made some comments on the readiness of our military. Our low recent defense spending has depleted our military readiness. […]