THE Budget Act of 1921 requires the president to propose a budget, but Congress holds the power of the purse. Since Mick Mulvaney, the budget director, sketched out the Trump administration's proposal in February, it has been clear that lawmakers would end up rewriting it. Mr Mulvaney wants immediate deep cuts across government that are unpalatable even to many Republicans. The fleshed-out version of the budget, released on May 23rd, features a new promise: to eliminate the budget deficit within ten years.
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