Tag: Mick Mulvaney
President Trump’s ‘balanced’ budget relies on $2,062,000,000,000 in mystery money
The following article by Max Ehrenfreud was posted on the Washington Post website May 23, 207:
White House officials are boasting that President Trump’s budget would balance federal finances in 10 years. Yet despite extreme reductions in spending on health care for the poor, food stamps, education, science and other basic government programs, Trump’s staff could only balance the budget by claiming vague savings and unspecified sources of new revenue — in other words, with trillions of dollars in mystery money.
It is not just that Trump is counting on a rapid acceleration in economic growth that economists believe is unlikely, which the budget projects will yield $2.1 trillion in new revenue ($2,062,000,000,000, to be more exact). Besides that bonus from growth, the budget also assumes that Trump’s tax cuts — which he has said will be the largest in history — would not affect the government’s bottom line at all. Continue reading “President Trump’s ‘balanced’ budget relies on $2,062,000,000,000 in mystery money”
Fact Checker: White House budget director’s claim that Social Security disability is ‘very wasteful’
The following article by Michelle Ye Hee Lee was posted on the Washington Post website April 7, 2017:
Host John Dickerson: “Entitlements, that’s where the big money is. The president has said he didn’t want to touch Medicare, but he seems to be revising his thinking on that.”
Office of Management and Budget director Mick Mulvaney: “Well, I think the promise was he wasn’t going to affect anybody and we haven’t with this budget. Keep in mind what this budget is. This is just the discretionary spending part of the budget, which was a necessary first step.”
Dickerson: “But he might look at future retirement — future Medicare recipients?” Continue reading “Fact Checker: White House budget director’s claim that Social Security disability is ‘very wasteful’”
Mulvaney’s suggestion that a person making one-fifth his pay couldn’t afford a doctor
The following article by Glenn Kessler was posted on the Washington Post website March 15, 2017:
“I was on Obamacare. I was on the exchanges as a member of the House, okay? I had the same plan that somebody who makes a lot less than I did at the time would have. I had a $12,000 or $15,000 a year annual deductible. I could afford it. How could the person who makes one-fifth of what I was making ever afford to go to the doctor?”
—White House budget director Mick Mulvaney, interview on MSNBC’s “Morning Joe,” March 14, 2017
These remarks got The Fact Checker wondering.
How does a member of Congress end up with a $12,000-$15,000 deductible when lawmakers are supposed to select low-deductible Gold plans?
And would a person making one-fifth of the congressional salary actually have to pay such a high deductible under the Affordable Care Act?
Let’s explore. Continue reading “Mulvaney’s suggestion that a person making one-fifth his pay couldn’t afford a doctor”