Many conservatives and fiscal libertarians are calling Donald Trump’s first budget proposal “a dream” and far better than any budget proposed by recent Republicans in the White House, reports Thomas Phippen of The Daily Caller.
The proposal asks Congress for pay for an increase in the military budget, while slashing funds to domestic programs considered wasteful, damaging to the economy, or unnecessary.
“It looks more like a Ronald Reagan budget than a Bush budget,” says Chris Edwards, director of tax policy studies at the Cato Institute.
Trump’s plan includes funding a Mexican border wall and beefing up the armed forces, but reductions to the domestic budget make up for the increases – just the kind of balanced book-keeping old-school conservatives like.
Justin Bogie, a senior analyst for The Heritage Foundation who has been notably skeptical of President Trump, admits that the new budget proposal is “is definitely a step in the right direction towards scaling back the scope of the federal government.”