Trump calls for a balanced budget while promising revenue cuts
Trump has spent most of the last 20 minutes talking about out-of-control government spending, ranging from cuts of foreign aid to repeating falsehoods about Social Security payments to dead people. He went so far as to promise the government will balance the budget — something it hasn't done since the 90s.

Now he's a few paragraphs in to a preview of tax cut legislation. Trump says he will extend his 2017 tax cuts and further cut the rate for wealthy Americans while eliminating the tax on tips. It's worth noting that these goals are not compatible without cuts to government entitlement programs, since cutting taxes also cuts revenues that pay for spending. A budget bill which recently passed the Republican-controlled House would add nearly $3 trillion to the deficit over the next decade.
—G. Elliott Morris, 538




