this post was submitted on 01 Dec 2024
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You may be right, but I think it's more likely than say deporting 10 million immigrants, or cutting spending by more than discretionary spending, or a number of things that people think are likely to happen. It's not like conservative rags are actually going to tell their readers the truth anyway.
Yeah, my coworkers were kind of excited about Trump cutting $2T, and I tried to explain to them that's not feasible with the way budgets are set up. They could maybe cut $1T if they really went deep, but to get anything more, they'd have to cut SS, Medicare, and the military, and Trump said that's off limits.
I doubt they'll hit $500B. They might get $2T over 10 years (so $200B/year) though, which I guess is how Congress likes to quantify spending changes to lessen the blow.