President Donald Trump’s proposed budget for fiscal year (FY) 2021 proposes to significantly reduce the size and reach of the federal bureaucracy by focusing federal activities on constitutional priorities and empowering state and local governments to address other issues closer to the people. Such reforms would have put the budget on track to balance, before exceptional measures to respond to COVID-19 (a disease caused by the novel coronavirus that originated in China) led to a steep and sudden economic decline and a massive increase in deficits.
President Donald Trump’s proposed budget for fiscal year 2021 would reduce the size and reach of the federal bureaucracy significantly by shifting government responsibilities back to constitutional priorities and empowering state and local governments. These reforms, contained in the request Trump sent Monday morning to Congress, would put the budget on track to balance and represent a significant first step toward reducing spending and stabilizing the nation’s unsustainable debt.