The Fiscal Times: Trump-onomics Would Blow a Huge Hole in the Federal Budget

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    Feb 26, 2016 1:08 AM GMT
    ...budget experts are taking a much closer look at his spending and tax proposals -- and are dismayed by what they see...

    ...When Trump was asked to explain precisely how he would balance the budget without cutting programs like Social Security and Medicare, the real estate mogul replied, “You have tremendous waste, fraud, and abuse that we’re taking care of… It’s tremendous. We have in Social Security right now thousands and thousands of people who are over 106 years old. Now, you know they don’t exist. They don’t exist. There’s tremendous waste, fraud and abuse, and we’re going to get it.”

    ...The publication received its initial funding from Peter G. Peterson, founder of the Peter G. Peterson Foundation and a billionaire investment banker, who has long advocated deficit reduction, reduced social welfare program expenditures, and cuts to Social Security...
  • tj85016

    Posts: 4123

    Feb 26, 2016 1:14 AM GMT
    not as big as the holes Obama and Bush blew