White House Proposes Long-Shot Budget with Deep Spending Cuts

Presidential budgets are always aspirational political documents and almost never passed into law as written, but the one set to be introduced by Donald Trump Tuesday stretches credulity given the current makeup in Congress.

The $4 trillion government-spending blueprint relies on rosy assumptions and far-reaching cuts in an effort to fulfill some of the Trump’s campaign pledges, including working toward balancing the budget in the next decade.