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1 of OMB’s key responsibilities is production of the President’s budget gov-wide. On that measure, I'm afraid OMB has managed to disappoint me even more than last yr.
Today, I asked @MickMulvaneyOMB about #TrumpBudget, which would create an annual deficit of $984B in its 1st yr.
As Ranking Dem on the Financial Services Subcommittee, I pushed @MickMulvaneyOMB on "wasteful spending." It's alarming that while he submitted a budget request of $0 for CFBP (& previously advocated for its elimination), he also signed off on large pay raises for senior staff.
Why did you vote with the Republicans to gut the Volcker Rule and make another financial meltdown much more likely? Is it because you serve the Wall St bankers and not the people of Chicago?
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