Document 710zyDKOwDreNwV3Omonp1Qpe

Message From: Sent: To: Subject: Tracy Mehan ! Ex. 6 2/13/2018 1:07:33 PM Tracy Mehan [tmehan@ awwa.org] from the Wall Street Journal The Deficit Problem in a Chart Payments for Individuals5gobble up 69% of federal outlays. New copies of President Donald Trump's Budget for the U.S. Government for the Fiscal Year 2019 lay on a display table at the U.S. Government Publishing Office in Washington, Feb. 12. PHOTO: LEAH MILLIS/REUTERS By The Editorial Board Feb. 12. 2018 7:17 p.m. ET 82 COMMENTS The White House released the President's $4.4 trillion budget request for fiscal 2019 on Monday, and talk about an afterthought. Congress just passed a two-year budget outline that supersedes nearly everything Mr. Trump is proposing. Congress still must work out the details in spending bills, and perhaps appropriators will grab a Trump request or two, which include everything from a border wall to cuts to food stamps to a plan for spinning off air-traffic control. The President also wants $200 billion in infrastructure spending (see nearby) over 10 years, though this seems politically unlikely now that the GOP has shoveled $20 billion on public works for two years and annual deficits may exceed $1 trillion. Entitlements vs, DefensePayments for defense and to individuals as apercentage of fedora! outlays, 1989-2023Souree: Office of Management and BudgetNote: 2018-2023 estimates %National defensePayments for individualsl 99020004 0'2002G406080 The most important thing to understand about the U.S. budget, Donald Trump or no, is illustrated by the nearby chart. Even with Mr. Tramp's modest increases, defense barely rises as a share of federal outlays. In 1989 when the Berlin Wall fell, defense was 26.5% of outlays. In 2019 it will be 15.6%. Sierra Club v. EPA 18cv3472 NDCA Tier 5 ED 002061 00096731-00001 Meantime, look at "payments for individuals," which encompass such income transfers as Medicare, Medicaid, Social Security and food stamps, among other things. This category was 47.7% of outlays in 1989 and has steadily climbed to reach an estimated. 69.2% in 2019. Net interest on the federal debt soaks up another 7.4% of outlays for 2018, and that will rise with interest rates. But as long as Donald Tramp and Democrats refuse to reform entitlements, whining about debt and deficits is phony. Defense hawks like John McCain have a compelling case that troops have been denied adequate resources to defend the country, and the giant sucking sound in the federal fisc isn't defense. It's the relentless rise of income transfers. Appeared in the February 13, 2018, print edition. Most Popular Videos & When Going Forward Is Running Backward ggpg; ......... .........ai;.............lld+ms&f................................................... Homemade Highlights: Team Figure Skating Olympian Jason Brown Breaks Down Figure Skating's Six Jumps $ Sierra Club v. EPA 18cv3472 NDCA Tier 5 ED 002061 00096731-00002 How North and South Korea Came to March Under One Flag A Revolution in Stroke Care: Thrombectomy M ost Popular Articles Unilever Threatens to Reduce Ad Spending on Tech Platforms That Don't Combat Divisive Content Dow Jumps 400 Points on Rise in Oil Stocks North Korea's Weapons of Mass Distraction Kraft Heinz Made Its Factories Really Efficient. Now It Has to Sell Bologna Why So Many Men Die at 62 The Wall Street Journal U.S. Edition SHOW COMMENTS HIDE COMMENTS (82) Sierra Club v. EPA 18cv3472 NDCA Tier 5 ED 002061 00096731-00003 o o Sign Out TOP WSJ Membership WSJ+ Membership Benefits Digital Subscription Print Subscription Print and Digital Subscription Why Subscribe? Download WSJ Apps for iOS and Android Corporate Subscriptions Professor Journal Student Journal . Customer Service Customer Center Contact Us Live Help Redesign Guided Tour Notice to Subscribers Tools & Features Emails & Alerts Guides My News RSS Feeds Topics Video Center Watchlist Podcasts . Ads Advertise Advertise Locally Commercial Real Estate Ads Place a Classified Ad Sell Your Business Sell Your Home Recruitment & Career Ads More Content Partnerships Corrections . Jobs at WSJ News Archive Register for Free Reprints Sierra Club v. EPA 18cv3472 NDCA Dow Jones Products Barron's BigCharts Tier 5 ED 002061 00096731-00004  DJX Dow Jones Newswires Factiva Financial News Mansion Global MarketWatch Private Markets realtor.com Risk & Compliance WSJ Conference WSJ Pro Central Banking WSJ Video WSJ Wine Privacy Policy Cookie Policy Copyright Policy Data Policy Subscriber Agreement & Terms of Use Your Ad Choices Copyright 2018 Dow Jones & Company, Inc. All Rights Reserved. Sierra Club v. EPA 18cv3472 NDCA Tier 5 ED 002061 00096731-00005