In a note by Evercore ISI's Terry Haines and Ernie Tedeschi, the analyst duo pours cold water on Trumps' budget proposal before it has been even formalized and confidently predicts that "Trump budget not happening" adding that the most likely outcome is that "Congress will modestly hike defense and non-defense spending."
Below is a summary of their thinking:
In an interview with Fox & Friends that aired early Tuesday morning, President Trump blamed former President Obama for protests against him and other Republicans, as well as "possibly" some of the leaks from the White House: “I think President Obama’s behind it, because his people are certainly behind it."
Via Carmen Elena Dorobat of The Mises Institute,
February in Romania has brought 27 consecutive days of protests against the current government, at a scale unmatched since the Revolution in 1989.
Federal authorities have locked up more than 1,500 people on child trafficking and pedophilia charges since President Trump assumed office, however the huge increase in numbers on recent years is being completely ignored by mainstream media. According to the FBI there were less than 400 sex trafficking-related arrests made in the entirety of 2014, proving that President Trump is serious about using “the “full force and weight” of the U.S. government to break up child sex trafficking rings and lock up sexual predators. “This should be one of the biggest stories in the national news.
House Democrats are planning to disrupt President Trump’s first speech to a joint session of Congress by busing in hundreds of illegal immigrants, transgender teenagers, and angry celebrities including Madonna and Rosie O’Donnell, to fill the rafters of the House Gallery and “make Trump as uncomfortable as possible.” President Trump is keeping the tradition of previous Presidents by delivering a formal address to a Joint Session of Congress during his inaugural year on Tuesday February 28.