Watch: What You Need To Know About Donald Trump's Budget

On Tuesday, President Donald Trump released his proposed budget - the modestly titled A New Foundation for American Greatness. Check out the clip below (courtesy of CNN Money) to find out what you need to know about the budget plan, which would slash funding to social security, Medicaid and other social safety nets while spending more on national defence and the border patrol (including money for Trump's infamous border wall).

And if that makes you worried, take heart in Arizona Senator John McCain's prognosis for the budget. "It's dead on arrival," McCain said yesterday on Late Night with Seth Meyers.

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