Former Reagan Budget Director David Stockman warns that Donald Trump’s budget strategy is “dead before arrival” and harshly criticized the president’s tax-cut strategy.
“Something has happened in the last eight years,” he explained to Fox Business Network.
“Our national debt doubled and Trump has no plan whatsoever to do anything about it, and then to hear this ridiculous press conference where both of them talked about more defense spending …” said Stockman, who was the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.
“The Trump budget is ‘DBA,’ which means ‘dead before arrival,” said Stockman, who served as a Republican U.S. Representative from the state of Michigan (1977–1981).
Trump last month unveiled a $1.15 trillion budget, a far-reaching overhaul of federal government spending that slashes many domestic programs to finance a significant increase in the military and make a down payment on a U.S.-Mexico border wall.