The Republican budget dilemma, in one video
There's a lot packed into this 46-second clip of Rep. Mick Mulvaney, the conservative Republican nominated to run Trump's OMB, being confronted over Trump's promise to balance the budget while cutting taxes and refusing to cut entitlements. It neatly summarizes the fiscal clash that seems inevitable between the White House and the Hill.
The key exchange:
Why this matters: Trump's pledges don't add up — a fact colorfully acknowledged by the staunch Trump ally, Tennessee Sen. Bob Corker. Mulvaney, one of the chief fiscal hawks in the House, knows this all too well, and his relationship with Trump could prove contentious if the President favors deficit spending.