WASHINGTON, Dec. 1, 2016 /PRNewswire-USNewswire/ -- As Donald Trump prepares to become the nation's 45th president, he must quickly turn his attention to converting campaign promises, which lacked detail, into his first budget. The Concord Coalition earlier this week released an issue brief that examines a dozen key questions concerning this budget that Trump's economic team, congressional policymakers, the media and the public should be thinking about.
Trump's first budget will be presented to Congress and the public against a backdrop of rising deficits under current law and a national debt headed steadily higher as a share of the economy. So one important question: What will the overall fiscal target be?
"Without a fiscal policy target to guide decision-making, a presidential budget is nothing more than a random compilation of proposals that may or may not address our nation's fiscal challenges." Concord says. "Having such a goal requires policymakers to set priorities and make the necessary trade-offs."
Other subjects discussed in the issue brief include economic growth projections, the Affordable Care Act, military spending, proposed tax cuts, infrastructure priorities, border enforcement and the federal debt limit.
The full issue brief -- "Twelve Things to Look For in President Trump's First Budget" -- can be found here.
The Concord Coalition is a nonpartisan, grassroots organization dedicated to fiscal responsibility. Since 1992, Concord has worked to educate the public about the causes and consequences of the federal deficit and debt, and to develop realistic solutions for sustainable budgets. For more fiscal news and analysis, visit concordcoalition.org and follow us on Twitter: @ConcordC
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/twelve-things-to-look-for-in-president-trumps-first-budget-300371574.html
SOURCE The Concord Coalition