CBO finds Trump’s budget doesn’t balance like White House said

THE CONGRESSIONAL BUDGET OFFICE projects that President Donald Trump's proposed budget would not balance within ten years, but would still reduce the deficit compared to current deficit projections. /BLOOMBERG FILE PHOTO/JULIA SCHMALZ
THE CONGRESSIONAL BUDGET OFFICE projects that President Donald Trump's proposed budget would not balance within ten years, but would still reduce the deficit compared to current deficit projections. /BLOOMBERG FILE PHOTO/JULIA SCHMALZ
NEW YORK - President Donald Trump’s proposed budget wouldn’t balance within 10 years, contrary to the White House’s claim, the nonpartisan Congressional Budget Office said Thursday. The CBO estimated the annual deficit in 2027 would be $720 billion under Trump’s plan. The president’s budget office had said its proposal would result in a $16 billion…

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