No cameras were allowed in the White House briefing room for the rollout of the president’s budget, in part because OMB Director Mick Mulvaney’s hair was a mess.
“This is going to be really, really boring and really, really hard,” a disheveled Mulvaney warned the reporters assembled for the late afternoon budget briefing.
Over the last three days, the Office of Management and Budget had taken the new deal from Congress on spending caps and incorporated it into the president’s fiscal year 2018 and 2019 budgets, Mulvaney explained.
“Let me tell you what that entails. We started on the '19 budget in—is it June? About? Okay. So, which means we put about seven months' worth of work in the last three or four days,” he said.
“We probably could have waited to go through a thorough analysis so—yeah, by the way, my hair is going to look like this for the whole rest of the time,” Mulvaney said, trying to smooth his locks.
And, not only had Congress passed a new deal to allow more spending, but had almost completely ignored all the cuts that the White House sent up last year, the budget director fumed.
“We sent up $54 billion worth of savings last year to [Capitol Hill], and they took about $5 billion worth of it. They didn’t make any of the large structural changes that we proposed,” Mulvaney said.
The president’s FY 2019 budget probably could have been made to balance, he said.
But, reporters would have, rightly, “just absolutely excoriated us for using funny numbers,” because it would have taken funny numbers to do it, Mulvaney said.
Now, the window is closed for producing a budget that balances in 10 years, he acknowledged.
“I think I stood here at this podium [last year] and said, ‘I think this will probably be the last budget we can balance within the 10-year window, unless there's dramatic changes.’ And there weren't any dramatic changes,” Mulvaney said.
“That's just the reality of the situation,” he said.
After a nearly hour-long briefing that ended just after 5 p.m., Mulvaney finally cut off reporters’ questions.
“I am not going to take any [more] questions because, honestly, I'm just whipped. I've been doing this for four days,” Mulvaney said, before heading back to his office.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to firstname.lastname@example.org.
Put me on standing order
Notify me when new releases are available (no standing order will be created)