President-elect Donald Trump has nominated U.S. Representative Mick Mulvaney to be the budget director for the Trump administration. Mulvaney is known for being an anti-establishment politician who founded the conservative group called “House Freedom Caucus.” Trump praised Mulvaney by saying that “he’s a tremendous talent, especially when it comes to numbers and budgets.”
As the budget director, Mulvaney will be the leader of the Office of Management and Budget. Mulvaney has a reputation for being hard on spending, which means he could have a lot of ideological conflicts with others who are on his economic team. Some of the people in this economic team include a former Goldman Sachs partner named Steven Mnuchin, international billionaire investor Wilbur Ross, and the former president of Goldman Sachs named Gary Cohn. Trump is apparently putting lots of rich and successful people on his economic team in the hopes that they’ll make money for the country.
In 2010, Mulvaney got elected during the height of the Tea Party movement. His opponent in that election was Democratic representative John Spratt, whom Mulvaney had accused of being a big liberal spender with no concern for fiscal responsibility. When Mulvaney served as a representative, he continually voted against short-term spending contracts and even questioned the government’s practice of raising its borrowing limits so they don’t default on their outstanding debt.
Now as the new budget director under the Trump administration, it looks like he’ll fulfill Trump’s promise of stopping wasteful federal spending. Since the United States is almost $20 trillion in debt, perhaps the country needs someone like Mulvaney in the White House who will stop this excessive federal spending so that more debt isn’t created. The only question is, which federal spending cuts are going to be made first? Most people think it will be the money spent on Obamacare, which Donald Trump plans to repeal.