U.S. Budget: What Are the Chances?

Now that the attempt to repeal and replace Obamacare has been withdrawn, it appears that tax reform is the next issue for Congress to consider. However, by the end of April, Congress must pass a budget for the current year. The budget has been delayed at least twice because Congress could not agree and instead passed continuing resolutions. Whether or not Congress can agree for this year a bigger battle appears on the horizon for 2018. President Trump has unveiled his initial budget for 2018. What are the key provisions of his proposal? What is the likelihood that his budget will be passed? Should the bulk of his budget be passed? What is the “Right Thing to do?