Yet Trump has vowed not to cut entitlements, such as Medicare and Social Security, and promised to beef up military spending, which represents the lion's share of federal spending - making it hard for him to do more than chip away at the margins of the nearly $20 trillion national debt.
What, then, would the reported cuts accomplish? The answer appears to be defunding a number of projects seen as liberal darlings - including groups aimed at preserving and supporting the environment, civil rights protections, the arts, minority-owned businesses, and public broadcasting.
To put this in context: The total cost, per American, of the following 17 programs said to be on the chopping block is $22.36 - of which more than a third comes from a single clean-energy program. By contrast, housing subsidies, like the mortgage interest deduction, which are disproportionately used by the wealthy, cost $296.29 per American. - More
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