Under the Trump budget, U.S. federal spending would fall from 21.6 percent of GDP this year to 18.4 percent in 2030. The spending reductions would be a good start, but even larger reforms are possible and desirable
American government has become much larger and more centralized over the past century. That has created winner and loser states as taxpayer cash floods into Washington and is then dispersed through more than 2,300 federal spending programs.
Since New York gets such a raw deal from federal fiscal relations, New York politicians should be the ones trying to revive federalism by shrinking federal spending and transferring activities back to the states.