President Trump has finally released his comic book
WASHINGTON -- In a Republican presidential debate in the fall of 2015, moderator John Harwood of CNBC asked Donald Trump about some of his more outlandish claims, such as making another country pay for a border wall and enacting huge tax cuts that wouldn't increase the deficit.
"Let's be honest," Harwood memorably said. "Is this a comic-book version of a presidential campaign?"
Harwood got a lot of grief for that from Trump and his supporters, but -- Great Caesar's ghost! -- would you look at this? President Trump's comic book came out on Monday, in the form of his budget proposal. It is quite a marvel. In fact, we haven't seen a comic like this in D.C. in ages.
Remember Trump's boast that he would "get rid of the $19 trillion in debt … over a period of eight years"?
Odin's beard! He just hammered that promise to pieces. His budget would add $7 trillion to the debt over a decade -- $2 trillion in the next two years alone -- and even those numbers are based on the peculiar assumption that the economy will never again go into recession.
Remember Trump's promise that "I'm not going to cut Medicare or Medicaid" and his boast about being "the first and only potential GOP candidate to state there will be no cuts to Social Security, Medicare and Medicaid"?
That promise has gone up, up and away. Trump proposes to cut more than $500 billion together from Medicare -- health care for old folks -- and Medicaid, which provides health care to the poor.
Remember Trump's constant "Mexico will pay for the wall" vows?
Cowabunga! His budget made quick work of that promise, requesting 18 billion American dollars for that wall.
And remember just two months ago when the administration said the tax cut would pay for itself and the Treasury Department said it would actually increase tax receipts by $300 billion over 10 years?