President Trump anticipates money for his increased spending on the military and other campaign promises to come from a "revved up" economy he says is already beginning to roar under his watch.
Trump, speaking on Fox News Tuesday, admitted the money for his plan to hike military spending can't be done with the cuts he's proposed in the outline of his first budget. However, Trump's plan is to use an improved national financial situation to pay for his priorities.
"The money's going to come from a revved up economy," Trump said. "If I can get (GDP growth) up to 3 (percent), or maybe more, we have a whole different ballgame."
Trump wants to increase military spending by $54 billion and has asked for cuts in other areas, such as at the Environmental Protection Agency and the State Department.
Trump said those EPA cuts will be crucial to his plan to grow the economy, along with tax reform and repealing and replacing the Affordable Care Act.
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05.04.2024