Its a very complicated issue. I think its very apparent that Trump's tax plan is working and revenues have set records, but in spite of that we still hit a deficit for 2019. The huge interest payment on the national debt is a boat anchor pulling everything down. Getting a huge spending bill requires a lot of deal making and politicians like to spend in order to stay in office. The public votes on kitchen table issues and any talk of taking away money and/or benefits will upset them quick and most politicians do not have the guts to take on spending. Trump wanted to get money for military spending and over 600 billion the past 2 years. He said Obama let the military get degraded with no spending and all the military activity over the last 20 years. He had to make a deal with republicans that wanted money for certain causes and democrats who also wanted money. Now give Trump or any other President a line item veto and we would see some action for better or worse. Something will have to happen within the next 10 years as the national debt will get so large that it will pull the US economy down the drain and pull the world economy with it. We will see some momentous times possibly never seen before in the next 10 years or so.
I think Trump will be much more likely to tackle spending in his 2nd term.....think this is highly likely.
