Trump Calls for Social Security Cuts for the 4th Consecutive Year

It's that time of the year again, folks... and no, I'm not talking about tax season.

The first quarter of every calendar year is traditionally when a sitting president will release their federal budget proposal for the upcoming fiscal year (a federal fiscal year ends on Sept. 30 and begins on Oct. 1). Although presidential budget proposals often prove to be nothing more than talking points, with the actual spending bills passed by Congress rarely mirroring what the president suggested, one aspect of Trump's latest budget proposal has people talking.

President Trump giving his State of the Union address. Image source: Official White House Photo by Joyce N. Boghosian.

Source Fool.com