Budget Deficit Essay Samples and Topic Ideas

budget deficit of more than $500 billion. His fiscal policies do not seem to decrease the budget deficit as expected. Instead, if they are implemented, the deficit will grow instead of reducing. The reason behind this is because a budget deficit is usually reduced by increasing the tax rates, reducing government spending or both. However, trumps intend to cut taxes as well as increase the spending on infrastructure. The Tax cut reduces the revenue raised by the government which reduces the money that is available for spending. Increasing the government spending will add to the budget deficit since the government will be using borrowed resources (Irwin N.p). These future trade policies do not promise...