- “Spending Cuts in President Trump’s 2018 Budget,” by Chris Edwards
- “Trump’s Budget Proposal Isn’t Perfect, but It’s a Start,” by Michael D. Tanner
- “Trump’s Budget Changes Tone On Infrastructure,” by Ryan Bourne
President Trump and Republicans in Congress are considering major tax reforms that would cut business and individual income tax rates, and make other reforms to reduce taxes on savings and investment. For individuals, the House plan suggests creating Universal Savings Accounts (USAs), which simplify and reduce taxes on personal savings, thus encouraging individuals to save more and build greater financial security. According to a new paper from Cato scholars Ryan Bourne and Chris Edwards, both the United Kingdom and Canada have created USA-style accounts that are popular and used by a large share of people in every age and income group.