The federal budget in place at the beginning of 2019 puts a substantial squeeze on almost all areas of government activity other than health, Social Security, and interest on the debt. Before funding is spent on anything else, those three items capture far more than all the projected growth in revenues that accompany economic growth. Indeed, almost all programs oriented toward economic growth—investments in work, saving, education, skills, and capital—will continue to suffer as long as we stay on this budget path.