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David Stockman, director of the former administration and budget office of the former Reagan administration, said in an interview with Greg Hunter, the USA Watchdog site that the global economy would usher in "financial bloody" , The largest bond market bubble will impact the global economy.

At the beginning of the interview, Stockman was asked about the US federal budget to keep the cash and the financial situation facing the government of President Donald Trump. In this regard, Stokeman responded: "This is completely a disaster, they completely concessions.

"Trump wants to strike a balance by cutting the National Institutes of Health, the US public television network and other project expenditures totaling $ 18 billion," said Stokeman, who talks about Trump's proposed cuts. Trump proposed the first year of the new fiscal year reduction plan starting in October, suggesting that the Trump government has requested a budget of $ 54 billion in financial expenditure for defense and other important domestic matters, which is exactly equal to domestic The total amount of other project spending cuts, but the problem is that the US Congress has been completely deceived by Trump, and the budget for spending on defense and border construction has increased.

"There is no reduction in spending," said Stokeman, who has a reverse style, says: "Instead, the US government, led by him, has received a congressional statement that the fiscal spending plan has increased by $ 30 billion. Is a bipartisan cooperation and we can still control it.Tron can ask for an increase in spending on defense and other important matters, but (in fact) the United States will increase the overall spending budget, and I think the United States will enter in this way 2018 fiscal year, as the US Congress has been trying to pass the bills of 2018. They plan to increase the spending budget for national defense and other important matters and do not intend to cut any domestic spending budget.


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