[splitrocket]

It will not be announced.

Fun fact: the current Republican administration was pushing a budget that substantially increased the federal deficit. The one that was finally approved is still a massive budget deficit increase.

Obama reduced the deficit by nearly half during his presidency, the current FY2025 budget has authorized a $1.9 trillion deficit (6.2% of GDP), with reconciliation instructions potentially allowing for a staggering $3.3-5.8 trillion in additional deficit increases over the next decade.

* Obama's final deficit (2017): $666 billion

* Current 2025 projected deficit: $1.9 trillion

This represents an increase of approximately $1.23 trillion, or about 185% higher than Obama's final deficit. The current deficit is nearly triple what it was at the end of the Obama administration.

Republicans have mastered the art of fiscal hypocrisy: campaigning against deficits to win elections, then ballooning them with tax cuts for the wealthy, only to leave Democrats with the thankless job of fiscal cleanup—for which voters reliably punish them at the polls.

[stuartjohnson12]

For the unenlightened soul, where is lion's share of that money being spent? (preferably in more detail than just "tax cuts")

[lesuorac]

> preferably in more detail than just "tax cuts"

That's like asking what an ocean is but preferably in more detail than just water.

But to answer the question, we really can't give more detail. Congress passes a budget and delegates out to subcommittees to figure out how to spend the money (not revenue) that they were allotted.

So a subcommittee has been authorized to find 4.5T of tax cuts over the next ten years and we won't know what they are until a later date.

[icegreentea2]

There isn't a single Republican budget yet - the house and senate have their own versions of the budget they need to reconcile. That said, the house budget (which just passed yesterday) I believe hews more closely to the Whitehouses' proposal.

There's a whole report you can read here: https://budgetmodel.wharton.upenn.edu/issues/2025/2/27/fy202...

But as a summary, you can probably look at Table 1. The values given are over 10 years, so divide every by 10 to get a sense of per year. As written it looks like:

* Overall decrease 170 billion per year in spending (overall Federal spending is about 7 trillion per year). There are cuts across the board except in DoD, DHS, and DoJ.

* Tax cuts decreasing revenue by ~450 billion per year. There is a section in the report identifying all of the different tax cuts. This decrease in tax revenue includes the effect of locking in Trump's first term tax cuts which are currently set to expire.

[myvoiceismypass]

Pretty frustrating to be nearly 50 and this is literally the exact playbook over the last half century. Reagan / Bush / Trump - 20 years of absolute shit policy (and results) when it comes to the deficit that everyone cares about.

[EFreethought]

> when it comes to the deficit that everyone cares about.

The GOP only cares about it when the POTUS is a Democrat.