Richardcyoung.com

  • Home
  • Debbie Young
  • Jimmy Buffett
  • Key West
  • Your Survival Guy
  • How We Are Different
  • Paris
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • The Swiss Way
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • Dick Young
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool
  • Anti-Gun Control
  • Anti-Digital Currency
  • Joel Salatin & Alfie Oakes
  • World Gold Mine Production
  • Fidelity & Wellington Since 1971
  • Hillsdale College
  • Babson College
  • Contact Us

Don’t Blame Trump for the Budget Debacle

February 13, 2018 By Richard C. Young

President Donald J. Trump celebrates the passage of the Tax Cuts Act with Vice President Mike Pence, Senate Majority Leader Mitch McConnell, and Speaker of the House Paul Ryan | December 20, 2017 (Official White House Photo by Joyce N. Boghosian)

Blame the entrenched elites in the Republican party.

Trump proposed cutbacks, and plenty of them. The Republican elites voted against the President. Now deficits and debt are front and center topics of discussion. Let’s leave President Trump out of the discussion. The Republican party has been working against Trump from the day he formed his presidential campaign.

The party, not President Trump, is responsible for the failed effort to rid America of the Obamacare tragedy.

The party, not Trump, watered down the tax bill causing an enormous wasted opportunity.

Neither Democrats (sadly a worse option) nor Republicans stand for the American people and the constitutional republic formed by the founders (see Patrick Henry, Sam Adams, John Hancock and Thomas Jefferson) in the original Articles of Confederation.

At The American Conservative, Margaret Menge explains some of the differences between what the President proposed for the budget, and what the elite Republican-led Congress gave him to sign:

President Donald Trump’s budget proposal for 2018 was extraordinary, calling for a 31 percent cut to the EPA, a 29 percent cut to the State Department, a 20 percent cut to both the Department of Labor and the Department of Agriculture, and the elimination of funding for scores of things the federal government should never have been funding—many of them things Republicans have been promising to cut for more than 20 years, like the Corporation for Public Broadcasting, the National Endowment for the Arts, and the National Endowment for the Humanities.

But Republicans in Congress last week ignored the president, allowing only modest spending cuts to agencies, and, unbelievably, refusing to cut defund the CPB, the NEA, and the NEH. This is infuriating and bewildering for those of us who have listened to Republicans complain about NPR for the last 20 years. The GOP even refused to accept the White House’s assertion that it needed an increase of only $52 billion for the Department of Defense, insisting on giving it many billions more.

You would think the road to ending taxpayer funding of at least the CPB had been paved, what with several top NPR staffers accused of sexual harassment in just the last few months, including the chief news editor, David Sweeney.

Trump’s budget had also eliminated funding for the U.S. Institute of Peace, the East-West Center, The Asia Foundation, the Inter-America Foundation, the African Development Foundation, the Overseas Private Investment Corporation, and the Green Climate Fund.

In open defiance of the president—and with the country $20 trillion in debt—the Appropriations subcommittee, led by Congressman Hal Rogers, Republican of Kentucky, kept money for most of these.

Trump’s budget had called for a 4.5 percent increase in defense funding, which amounted to $54 billion more than in 2017. It was the amount the Pentagon said it wanted. But Republicans in Congress insisted it take billions more—about 50 percent more.

What hope has Trump of ever reining it in? What hope is there for conservatism now that it’s given up on the one thing that supposedly held it together?

Read more here.

If you’re willing to fight for Main Street America, click here to sign up for my free weekly email.

Related Posts

  • Tucker Interviews President Trump
  • Kudlow: Blame China, Not Trump
  • President Trump Does the Impossible
  • Author
  • Recent Posts
Richard C. Young
Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
Richard C. Young
Latest posts by Richard C. Young (see all)
  • Will Iran Split MAGA Forever? - June 18, 2025
  • Magnesium and Your Health - June 18, 2025
  • Trump Demands Unconditional Surrender from Iran - June 18, 2025

Dick Young’s Must Reads

  • BEYOND RUSSIA: America Strengthens India Ties to Counter China
  • If You’re Overexposed to Stocks, Then Look Here
  • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Florida: Enjoy Certain Freedoms and Individual Liberties
  • Sen. Hawley Makes the Case Against U.S.-China Relationship
  • Your Survival Guy: “Life on Main Street Hasn’t Been This Hard in a While”
  • ENERGY FREEDOM ACT: Ted Cruz Introduces Bill for Energy Independence
  • BANKERS’ WARS: Is Central Banking the Root of Global Conflict?
  • Stunned Democrats Against “Defund Police”
  • Can Curcumin Help in Fighting Cancer?

Our Most Popular Posts

  • The Night of the Living Dead
  • TRUMP: "Everyone Should Immediately Evacuate Tehran!"
  • Are You Familiar with the EF and Arithmetic?
  • A Classic Issue from Richard C. Young’s Intelligence Report
  • A Nationwide Day of Defiance
  • Political Theater on Display: Padilla's Wild Day
  • Best Bang for Your Buck: Top 5 AR-15s of 2025
  • Epic Man Cave with Car Elevator in Utah
  • Israelis Speculate on American Involvement in War with Iran
  • GBU-57/B: Massive Ordnance Penetrator (MOP)

Compensation was paid to utilize rankings. Click here to read full disclosure.

RSS Youngresearch.com

  • Richard C. Young’s Intelligence Report from Feb. 1987
  • America’s Energy Boom: Record Net Exports and Rising Renewables
  • Senate Passes First U.S. Stablecoin Regulation Bill
  • Game-Changing Vision: Meta and Oakley Unveil AI Performance Eyewear
  • A Great Victory for Liberty
  • Letchworth: Are You Living Your Best Retirement Life?
  • Job Openings Rise in Four States, National Rate Steady
  • Ethane Shipments Stall as U.S.-China Trade Tensions Rise
  • Historic Tax Cuts Across All States
  • Are You Familiar with the EF and Arithmetic?

RSS Yoursurvivalguy.com

  • Richard C. Young’s Intelligence Report from Feb. 1987
  • Private Equity Is the Next Big Thing Coming for YOU
  • The Wildlife in Kansas
  • PRECIOUS: Silver and Gold
  • June Rage Gauge: Best Déjeuners in Paris
  • Letchworth: Are You Living Your Best Retirement Life?
  • Will SALT Kill the “One Big Beautiful Bill?”
  • You’ve Read the Last Issue of Intelligence Report: Back to Investor’s Yield
  • The Sound of Silence?
  • Are You Familiar with the EF and Arithmetic?

US Treasury Yield Curve: My Favorite Investor Tool

My Key West Garden Office

Your Retirement Life: Traveling the Efficient Frontier

Live a Long Life

Your Survival Guy’s Mt. Rushmore of Investing Legends

“Then One Day the Grandfather was Gone”

Copyright © 2025 | Terms & Conditions | About Us | Dick Young | Archives