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The president’s budget details his ambitious (and costly) plans to invest in infrastructure and the social safety net — the likes of which the country hasn’t seen in decades.
President Trump’s 2020 budget proposal, released on Monday, calls for $8.6 billion in new border wall funding, along with increased military spending and deep cuts to domestic programs.
Even with a healthy job market and rapid economic growth, the federal government is piling up debt. The government’s deficit is expected to top $1 trillion next year.