Everything’s coming up rosy in Trump budget economy scenario

ERIC UELAND REPUBLICAN staff director with the Senate Budget Committee, holds a copy of U.S. President Donald Trump's fiscal 2018 budget proposal in the Senate hearing room on Capitol Hill in Washington, D.C., U.S., on Tuesday, May 23, 2017. Trump would dramatically reduce the U.S. government's role in society with $3.6 trillion in spending cuts over the next 10 years in a budget plan that shrinks the safety net for the poor, recent college graduates and farmers. / BLOOMBERG / ANDREW HARRER
ERIC UELAND REPUBLICAN staff director with the Senate Budget Committee, holds a copy of U.S. President Donald Trump's fiscal 2018 budget proposal in the Senate hearing room on Capitol Hill in Washington, D.C., U.S., on Tuesday, May 23, 2017. Trump would dramatically reduce the U.S. government's role in society with $3.6 trillion in spending cuts over the next 10 years in a budget plan that shrinks the safety net for the poor, recent college graduates and farmers. / BLOOMBERG / ANDREW HARRER
NEW YORK - The Trump administration sees the U.S. economy achieving the rosiest of scenarios over the next decade - a surge in growth that doesn’t spark a worrisome jump in inflation or tighten the labor market any further. Economic growth is projected to climb by 2020 to 3 percent, the Trump administration’s oft-stated target,…

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