This is a must read article from John Cassidy published in the New Yorker. Cassidy takes a hard look at the Trump Administration’s Budget Charade. He concludes that this isn’t serious accounting, it’s cooking the books to achieve an unattainable goal: huge tax cuts and a balanced budget.
Source: The Trump Administration’s Budget Charade – The New Yorker
The impact will be felt most strongly on the poor and underprivileged, including many older, white, poorly educated, under-skilled people, down on their luck – those that believed in Trump’s Far-Right rhetoric on the campaign trail. Of course, the winners will be big-business and the wealthy.