Business_Finance

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Budget Director Mick Mulvaney acknowledged that the 2019 budget plan leaves big deficits, but he said this would have been even worse without some $3 trillion in cuts over the next decade that President Trump suggested. Mr. Mulvaney said that he warned Congress last year that both parties need to reduce their spending. testifies before the Senate Budget Committee on Capitol Hill in Washington, Tuesday, Feb. 13, 2018, on President Donald Trump's fiscal year 2019 budget proposal. (Associated Press)

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Migrant Investment Illustration by Greg Groesch/The Washington Times

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Illustration on infrastructure spending by Linas Garsys/The Washington Times

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Sen. Bob Corker, R-Tenn., asks a question of Treasury Secretary Steven Mnuchin during a Senate Banking Committee hearing on Capitol Hill in Washington, Tuesday, Jan. 30, 2018, on the Financial Stability Oversight Council. (AP Photo/Susan Walsh) ** FILE **

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Sen. Ted Cruz has become public enemy No. 1 for the ethanol industry. He's held up federal nominees over his opposition to the national biofuels mandate. talks with a reporter as he gets on an elevator on Capitol Hill in Washington, Friday, Dec. 1, 2017. (AP Photo/Susan Walsh) (Associated Press)

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National Debt (Illustration by Michael Ramirez for Creators Syndicate)

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Due Credit for the Economy Illustration by Greg Groesch/The Washington Times

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Senate Minority Leader Chuck Schumer, D-N.Y., left, and Senate Majority Leader Mitch McConnell, R-Ky., walk to the chamber after collaborating on an agreement in the Senate on a two-year, almost $400 billion budget deal that would provide Pentagon and domestic programs with huge spending increases, at the Capitol in Washington, Wednesday, Feb. 7, 2018. (AP Photo/J. Scott Applewhite)

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The Stock Market and the Trump Bump Illustration by Linas Garsys/The Washington Times

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Senate Minority Leader Chuck Schumer, D-N.Y., left, and Senate Majority Leader Mitch McConnell, R-Ky., walk to the chamber after collaborating on an agreement in the Senate on a two-year, almost $400 billion budget deal that would provide Pentagon and domestic programs with huge spending increases, at the Capitol in Washington, Wednesday, Feb. 7, 2018. (AP Photo/J. Scott Applewhite) **FILE**

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This March 22, 2013, file photo shows the exterior of the Internal Revenue Service (IRS) building in Washington. (AP Photo/Susan Walsh, File)

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President Trump's image looms over the New York Stock Exchange, even as many news organizations tried to blame him for the plunge. (Associated Press)

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British Prime Minister Theresa May delivers a speech during the annual meeting of the World Economic Forum in Davos, Switzerland, Thursday, Jan. 25, 2018. (AP Photo/Markus Schreiber)

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Trader Kevin Walsh works on the floor of the New York Stock Exchange at the closing bell Tuesday, Feb. 6, 2018. Stocks closed sharply higher on Wall Street after another turbulent day of steep ups and downs. (AP Photo/Richard Drew)

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Chart to accompany Rahn article of Feb. 6, 2018.

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Missouri Gov. Eric Greitens outlines his tax overhaul plan to supporters at Doyle Manufacturing Monday, Jan. 29, 2018, in Palmyra, Mo. Greitens is calling for cuts in personal income tax and reductions in corporate taxes as part of what he has described as the "boldest state tax reform in America." (AP Photo/Jeff Roberson)