Politics

Trump would add over $3 trillion in debt before balancing budget in 2027

President Donald Trump is sending Congress a spending plan for 2018 that would increase money spent on defense and border security, cut many areas of non-defense spending by Uncle Sam, and achieve a balanced budget by 2027, though it would add several trillion dollars to the national debt along the way.

Here are some of the early highlights from the Trump budget.

1. Over $3.1 trillion in new debt over 10 years. The Trump budget does get to a surplus – but it takes ten years to reach that point, in 2027. So, even if this President serves two terms in