Profile image
By silveristhenew (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Budget Director Mulvaney Admits No Hope “To Balance The Budget This Year”

Monday, March 20, 2017 6:49
% of readers think this story is Fact. Add your two cents.

(Before It's News)

zerohedge.com / by Tyler Durden / Mar 20, 2017

Appearing on Meet the Press earlier this morning with the always condescending, well at least if he’s interviewing a Republican guest, Chuck Todd, the Director of the Office of Management and Budget, Mick Mulvaney, said there’s no hope of achieving a balanced budget this year.  Of course, that should hardly come as a surprise to almost anyone other than the suddenly fiscally conservative Chuck Todd.

“No, we won’t be able to balance the budget this year, but we’re working on trying to get it to balance within the ten-year budget window, which is what Republicans in the House and the Senate have traditionally done the last couple of years.”

A smirking Chuck Todd also pressed Mulvaney regarding his thoughts on raising the debt ceiling with a series of ‘gotcha’ questions:

Todd:  “Debt ceiling.  We hit it on Friday.  Extraordinary measures by the Treasury Secretary will mean a couple more months.  You were a tough nut to crack on the debt ceiling when you were Congressman Mulvaney.  Why should people who were like minded with you who basically said ‘hey look, I’ll give you that debt ceiling but I want real cuts, I want real deficit reduction, I want a real plan.’  I think at one point you said I’ll raise the debt ceiling in exchange for a balanced budget.  You’re not going to be making that ask this time, are you?”

Mulvaney:  “I have voted to raise the debt ceiling before as most people in Congress have.  Traditionally, you go back to the 1920’s and 1930’s, the debt ceiling debate has been used to try and step back and say ‘why do we have a deficit problem, why do we have a debt problem and how can we fix it.’  So we’ll be coming forward with ideas to raise the debt ceiling but at the same time try to address some of those long-term reasons that we have the debt in the first place.”

READ MORE

The post Budget Director Mulvaney Admits No Hope “To Balance The Budget This Year” appeared first on Silver For The People.



Source: http://silveristhenew.com/2017/03/20/budget-director-mulvaney-admits-no-hope-to-balance-the-budget-this-year/

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories
 

Featured

 

Top Global

 

Top Alternative

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.