Republican presidential elect Donald J. Trump has named Congressman Mick Mulvaney (R-SC) to head up the Office of Management and Budget under his administration. This move signals an intention from the president-elect to aggressively go after budget deficits during his tenure as president — a promise he continually alluded to during the campaign season in order to address the massive 20 trillion dollar debt the U.S. is currently saddled with. Trump had this to say:
“We are going to do great things for the American people with Mick Mulvaney leading the Office of Management and Budget. 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 … With Mick at the head of OMB, my administration is going to make smart choices about America’s budget, bring new accountability to our federal government, and renew the American taxpayer’s trust in how their money is spent.”
Mulvaney has made quite a name for himself in Congress as a “fiscal hawk,” preferring to slash spending down to the bone rather than increase taxes. He is a founding member of the House Freedom Caucus and both a stanch advocate and defender of a balanced budget amendment to the Constitution. Trump’s plans to increase military and infrastructure spending have been somewhat disconcerting to committed fiscal conservatives throughout his campaign, so this move by Trump seems aimed at sending a message to those voters that he intends to be true to form on decreasing the nations deficits and debt.
What do you think? Is this a good move by the president-elect? Would you have preferred someone else with a different fiscal philosophy? Let us know on Facebook or in the comments below.