Hey, Big Spender! Donald Trump Faces Pressure on Debt, Deficit

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http://www.wsj.com/articles/hey-big-spender-donald-trump-faces-pressure-on-debt-deficit-
Hey, Big Spender! Donald Trump Faces Pressure on Debt, Deficit




http://www.wsj.com/articles/hey-big-spender-donald-trump-faces-pressure-on-debt-deficit-1474191002


Republican nominee has outlined numerous spending plans but offered less in how to pay for them


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WSJ's Gerald F. Seib breaks down GOP presidential candidate Donald Trump's latest adjustments to his tax plan, designed to win over critics who had criticized his earlier version for mostly benefiting the rich and greatly expanding the deficit. Photo: AP



By Janet Hook
Sept. 18, 2016 5:30 a.m. ET
26 COMMENTS

Donald Trump is unfurling an agenda of new policies that would pour tens of billions of federal dollars across the landscape of American life—borders, schools, highways and bridges, even child-care arrangements.

He wants to raise spending for the Pentagon and triple the border patrol; double the amount Democratic presidential rival Hillary Clinton proposes for infrastructure; allocate $20 billion to expand school choice and $2.5 billion for mandatory paid maternity leave. And more.

He is also proposing more than $4 trillion in tax cuts and vowing not to cut fast-growing entitlement programs like Medicare and Social Security.

Mr. Trump said in an economic speech on Thursday that he expects his policies to be deficit-neutral. But while his spending plans are specific, his proposals to pay for them have often been less precise: He counts on economic growth to generate more revenue, and on such oft-tried measures eliminating waste and fraud or catching more tax ...........