Marketplace®

Daily business news and economic stories

Can spending hikes and deficit reductions coexist?

President-elect Donald Trump’s nominee for director of the Office of Management and Budget is House Representative Mick Mulvaney from South Carolina. He’s a deficit hawk who came into office with many other Tea Party candidates back in 2010. He has a long history of budget cutting, even embracing the term “shutdown caucus” because of his willingness […]

President-elect Trump's nominee for director of the Office of Management and Budget is House Representative Mick Mulvaney from South Carolina.
President-elect Trump's nominee for director of the Office of Management and Budget is House Representative Mick Mulvaney from South Carolina.
Flickr

President-elect Donald Trump’s nominee for director of the Office of Management and Budget is House Representative Mick Mulvaney from South Carolina. He’s a deficit hawk who came into office with many other Tea Party candidates back in 2010. He has a long history of budget cutting, even embracing the term “shutdown caucus” because of his willingness to shutter the government in 2013 over debt levels. If confirmed, he’ll be faced with plenty of budget related problems, and some of them possibly created by the very man who appointed him. 

You can explore the extensive business and industry ties of all of Trump’s cabinet picks, here.

Related Topics

Latest Episodes

View All Shows
  • Marketplace
    42 minutes ago
    25:25
  • Make Me Smart
    4 hours ago
    52:42
  • Marketplace Morning Report
    8 hours ago
    6:38
  • Marketplace Tech
    13 hours ago
    4:27
  • This Is Uncomfortable
    8 days ago
    4:41
  • Million Bazillion
    a month ago
    32:45