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Jackson, Ryan[jackson.ryan@epa.gov] American Enterprise Institute Thur 5/25/2017 10:18:52 AM AEI Today: The Trump budget is too good to be true
. The Trump budget is too good to be true
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The Trump budget is too good to be true
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The budget plan that President Trump released yesterday promises a bright future, with the federal budget reaching balance in 2027. That would be quite a feat -- the budget has been balanced only four of the past 48 years. It sounds too good to be true. Regrettably, it is. The administration's plan relies on three unrealistic assumptions to produce the mirage of a balanced budget, starting with trillions of dollars in unspecified revenue.
Reuters
Two allies hold the keys to NATO's future
The much-anticipated NATO summit is just hours away. On paper, the United Kingdom remains committed to playing an outsized role globally, but its resources make doing so less
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and less likely. Meanwhile, Germany has the resources to increase its capabilities, but Berlin is still reluctant to put its money where its mouth is. NATO is far from being "obsolete," but Germany and the UK are in danger of falling short of what they must do to prevent it.
Reuters
The defense budget is dead on arrival
President Trump's first defense budget is a more muscular version of the Obama plan. It is a budget that begins to repair -- but does not rebuild -- the US military. The request comports with guidance from Secretary of Defense Jim Mattis to focus investments on readiness, people, and facilities. What it doesn't do is live up to congressional expectations to align resources with strategy after years of a growing mismatch.
Twenty20
The dark side of paid parental leave
Donald Trump is the first Republican president to offer a national paid family leave plan, a result of daughter Ivanka's insistence. No one is going to accuse the president of mindlessly copying what other advanced economies do for families: This plan is much more modest than a lavish universal system a la Sweden. But how much thought has been given to the inescapable trade-offs from establishing a national paid leave plan?
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