Tag archive

budget

News

Mulvaney, Mnuchin Divided On ‘Clean’ Debt Ceiling Increase

A recent interview by the New York Times suggests Treasury Secretary Steven Mnuchin and Budget Director Mick Mulvaney are divided on the issue of whether the administration should push for a ‘clean’ debt ceiling increase or attach preconditions to it. Mulvaney told the Times that, “Steven is on record in his hearings last week that his preference is to see the debt ceiling raise clean…I think I’ve made it clear that my preference would be to add some spending reforms to it.” Asked what types of reforms he would seek to add, Mulvaney mentioned “changing the Budget Act of 1974” and pushing for “good governance”, noting that he has a four page document on his desk detailing some of the options the White House could pursue. Keep Reading

News

Mulvaney Testifies That Trump’s Pro-growth Policy Will Help Balance The Budget

Today, the Senate Budget Committee heard testimony on President Trump’s 2018 Budget. Today’s witness was Mick Mulvaney, director of OMB. Each Senator had five minutes to ask questions about the proposed budget. Most Senators chose to make long statements for the cameras. Very few questions asked by either side were made in an attempt to actually understand something that they did not already know. One of the leading issues raised by the minority party was that Trump assumed 2.9% growth each year for the next 10 years. Almost every Democrat Senator mentioned this issue and how irresponsible it is for Trump to assume such an aggressive growth rate. They argued that if this nation does not experience 2.9% growth each year for the next 10 years that Trump’s budget will not actually balance in 10 years. These Senators found it hard to believe that this nation’s economy can grow at 2.9% each year. Keep Reading

News

Mulvaney Answers Congress’ Questions About Trump’s 2018 Budget

Former Congressman and House Budget Committee member Mick Mulvaney returns to the House Budget Committee today to testify on the details of Trump’s 2018 Budget. Mulvaney returned as the director of Office of Management and Budget. Before the hearing started, one could see Mulvaney casually talking to various members who he had served with just a few months ago. During the over three-hour hearing, Republican committee members praised the Trump budget for its vision to balance the budget within 10 years. Meanwhile, every Democratic member gave long grandstanding demonizing speeches as to why their pet government project (several of which Congress has not authorized in several years) was seeing a reduction or elimination of funds. If you were to listen to the Democrats, one would assume that without government assistance, most Americans would have no place to live and would starve to death. Even some Republicans could be seen whining about some special interest spending that was getting cut. Keep Reading

News

Trump Administration Unveils The Most Libertarian Budget In History, But Will Congress Approve It?

Fiscally conservative critics of President Trump were shocked today as his first budget was announced. Trump’s budget office director, Mick Mulvaney unveiled a budget today that would cut $3.6 trillion in federal spending over the next decade. The only thing standing in the way of this libertarian budget is Congress. The Trump proposal may be too ambitious to be palatable for Congress. In spite of the Congress being dominated by Republican lawmakers, they have been reticent to making even the slightest of cuts to future government spending for many years. The GOP-dominated Congress even approved all of the Obama administration’s record spending. It remains doubtful that the legislature will approve Trump’s budget considering it would cut spending in areas that are still very popular to the electorate. Trump’s budget would cut at least $610 billion from Medicaid and more than $192 billion from food stamps over a decade, according to a Reuters report. Factoring in projected revenue increases, the budget would be balanced in 10 years as well. Trump’s… Keep Reading

News

Media Lies, Trump Increases Medicaid Spending

Today, Donald Trump released his 2018 Taxpayer First Budget. Like clockwork, the liberal media immediately proclaimed that Donald Trump broke his campaign promises not to cut Medicaid. One would expect liberal blogs like Mother Jones to deliberately lie about President Trump’s budget. However, even Forbes lied with an article today titled “Trump Budget Cuts Social Security And Medicaid, Breaking Major Promises”. Keep Reading

News

Mulvaney Discovers 300 Billion In Unauthorized Government Spending

Ronald Reagan famously stated that “a government bureau is the nearest thing to eternal life we’ll ever see on this earth!” Yesterday, Mick Mulvaney, in the White House Briefing Room announced that his team has discovered over $300 Billion per year in unauthorized government spending. Mulvaney announced that past government budgets have continued to spend money on these programs that Congress only authorized for a set period of time. With the National debt getting close to $20 Trillion, a savings of $300 Billion a year is substantial. Keep Reading

News

Trump’s Budget Director Scrambles To Ready 4,000 Page Proposal For Next Week’s Deadline

Mick Mulvaney, the director of the Office of Management and Budget, joked this week that President Trump’s first budget is “not for public consumption yet.” Mulvaney may not be joking for long, as he and his cohorts have less than a week to get the massive budget prepared for unveiling. “I have to go home and read 4,000 pages of budget,” Mulvaney said to a group of conservative legal minds at the Federalist Society on Wednesday, according to a Washington Examiner report. Mulvaney is undaunted by the gargantuan task of reviewing and preparing the budget that lies ahead of him. In fact, the Trump administration anticipating the release date for the budget to be this coming Tuesday. “I tell people all the time that we have forgotten what it’s like to live and work in a healthy American economy,” Mulvaney said. “If you’re here today and you’re 30 years old or younger, you really have never worked in a thriving U.S. economy — you’ve been through a recession or… Keep Reading

Go to Top

Thanks for visiting our site! Stay in touch with us by subscribing to our newsletter. You will receive all of our latest updates, articles, endorsements, interviews, and videos direct to your inbox. 

Send this to friend