In March, the Trump Administration released a so-called skinny budget, which contained the broad outlines of its spending plans. The proposed cuts in domestic and international programs were so draconian, mean-spirited, and misguided that I termed it a Voldemort budget, and many other commentators offered similar reviews. On Tuesday, the White House released the full version of its budget, and, if anything, the details are even more disturbing.
The document describes how the Trump Administration would shred the social safety net, particularly Medicaid, which provides health care to the poor, to finance tax cuts for corporations and rich households. On top of this, the budget's revenue and deficit projections are so contingent upon wishful thinking and accounting sleights of hand that they are virtually meaningless.