The White House on Tuesday will release its budget blueprint for the 2018 fiscal year, which begins Oct. 1. Titled “A New Foundation for American Greatness,” the budget calls for $3.6 trillion in spending reductions to balance the budget by 2027 and lift annual economic growth to 3%.
“This is the first time in a long time an administration has written a budget through the eyes of the people actually paying the taxes,” Office of Management and Budget Director Mick Mulvaney told reporters Monday during a briefing.
