Reuters — White House to offer balanced budget plan by mid-May: Mulvaney

A detailed version of President Donald Trump's budget to be released in May will lay out plans to eventually erase U.S. deficits, White House budget director Mick Mulvaney said on Sunday.

"We're getting into that now. By May, I think it's mid-May we're shooting for right now, we'll have that larger budget..." Mulvaney said on NBC's "Meet the Press" program.

Mulvaney acknowledged that the budget would not be balanced in the upcoming 2018 fiscal year but said the administration wants to put the country on a path toward eventually wiping out annual deficits.... 

Reuters
White House to offer balanced budget plan by mid-May: Mulvaney

Justin Sink and Erik Wasson — Trump Plans Historic Cuts Across Government to Fund Defense

[Office of Management and Budget Director Mick] Mulvaney on MSNBC said the litmus test his team used was, “Can we really continue to ask a coal miner in West Virginia or a single mom in Detroit to pay for these programs and the answer is, ‘No.’ We can ask them to continue to pay for defense, and we will, but we can’t continue to ask them to pay for the Corporation for Public Broadcasting.”

The OMB head is a moron that thinks that a currency issuer is the same as a currency user. Who appointed this guy anyway?

Bloomberg
Trump Plans Historic Cuts Across Government to Fund Defense
Justin Sink and Erik Wasson

CNBC — Trump's pick for budget director has urged big spending cuts

Republican Rep. Mick Mulvaney, President-elect Donald Trump's choice as his budget director, is a fierce deficit hawk with a record of pushing deep spending cuts across the federal government to balance the budget.

Is DJT caving to Paul Ryan?

Maybe not.

Strongly anti-establishment, Mulvaney has supported cuts beyond what House Republican leaders preferred and has refused to back deals to raise the government's borrowing limit, more recently causing heartburn for current Speaker Paul Ryan, R-Wis.

What was that about Trump's big spending plans?

In a statement, Trump commended Mulvaney's strong voice in Congress who will get America's fiscal house in order.

"Right now we are nearly $20 trillion in debt, but Mick is a very high-energy leader with deep convictions for how to responsibly manage our nation's finances and save our country from drowning in red ink," Trump said.

Mulvaney said he looked forward to working with Congress to create policies that will be "friendly to American workers and businesses."

"The Trump administration will restore budgetary and fiscal sanity back in Washington after eight years of an out-of-control, tax and spend financial agenda," he said.

Bait and switch? Change of heart?

CNBC
Trump's pick for budget director has urged big spending cuts

Associated Press