President Trump and congressional leaders say they have hammered out a budget deal, pending House and Senate approval. Dr. Perryman says it's better than no deal.
The Senate passed a $4 trillion budget blueprint, a major step forward for President Trump's tax reform. Dr. Perryman says the bill now goes to the House.
The US House has introduced its initial budget plan, a blueprint that includes substantial cuts to social programs. In other words, Dr. Perryman says it will be difficult to pass.
As the budget process unfolds in Congress, there is talk of cutting funding for the Supplemental Nutrition Assistance Program, or SNAP.
President Trump's proposed budget has been criticized for reducing the rate of growth for many social programs. Dr. Perryman, though, has this assurance.
Congress has reached an accord that is going to keep the government in money until at least the end of September, but Dr. Perryman asks if this is any way to run a trillion dollar enterprise.
Now that House and Senate committees are delving into President Trump's budget, Dr. Perryman says the scope of this spending plan is beginning to sink in.
The Senate has wrapped up work on its version of the budget, and Dr. Perryman notes that it includes massive cuts in higher education. He is intrigued by how this budget is balanced.
The White House's budget planning relies on assumptions far rosier than projections made by independent agencies and most private forecasters. This is a concern to Dr. Perryman.