OMB Director Mick Mulvaney attends the daily White House press briefing and fields questions about the President Trump ‘America-First’ budget.
Director Mulvaney does an exceptional job explaining the larger budgetary issues, priorities and squashing some of the more ridiculous media narratives du jour.

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Regarding the non-discretionary side.  I would remind all:

Trump Economics – […] As the wage rate increases, and as the economy expands, the governmental dependency model is reshaped and simultaneously receipts to the U.S. treasury improve.
More money into the U.S Treasury and less dependence on welfare programs has a combined exponential impact. You gain a dollar, and have no need to spend a dollar. That is how the SSI and safety net programs are saved under President Trump.
When you elevate your economic thinking you begin to see that all of the “entitlements” or expenditures become more affordable with an economy that is fully functional.
As the GDP of the U.S. expands, so too does our ability to meet the growing need of the retiring U.S. worker. We stop thinking about how to best divide a limited economic pie, and begin thinking about how many more economic pies we can create. (link)

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It’s really interesting to read the financial presentation of Reuters in their article outlining the Fed, Chair Janet Yellen, decision to raise interest rates a quarter point (.25).  Keep in mind that Reuters traditionally slants left (globally) on all economic presentations.
Those Treepers who have followed our economic analysis will note the disparity between Yellen’s justification and the inconsequential impact therein.   The Stock Market never even flinched today.  Part of the reason is the disconnected (traditional) view of economics within the current Yellen justifications.  It ain’t just us who sees this “new dimension“.

Emphasis in citations are all mine.

(Reuters) The U.S. Federal Reserve raised interest rates on Wednesday for the second time in three months, a move spurred by steady economic growth, strong job gains and confidence that inflation is rising to the central bank’s target.
The decision to lift the target overnight interest rate by 25 basis points to a range of 0.75 percent to 1.00 percent marked one of the Fed’s most convincing steps yet in the effort to return monetary policy to a more normal footing.

{define “normal”}
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A Morning Consult national online survey polled 1,983 registered voters from March 9th-13th and found overall optimism continues to increase, and with it the approval rating of President Trump.

(Poll and Data Link Details)

President Donald Trump delivers remarks today in Detroit Michigan. President Trump is holding an event at the American Center for Mobility, a testing center for self-driving vehicles in Ypsilanti Township.
Within the remarks it is anticipated that President Trump will announce the U.S. Environmental Protection agency will restart a review process for tougher fuel-economy standards, a move that has been applauded by U.S. automakers.

Video Added:

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There are articles that are funny in their presentation, and then there are articles that are hilariously funny in their apoplectic protestations.  CNN writes a lengthy article about the upcoming President Trump budget.  The headline:

“Trump’s plan to dismember government“

Washington (CNN) – President Donald Trump plans to dismember government one dollar at a time.
His first budget — expected to be unveiled later this week — will mark Trump’s most significant attempt yet to remold national life and the relationship between federal and state power.
It would codify an assault on regulatory regimes over the environment, business and education bequeathed by former President Barack Obama, and attempt to halt decades of steadily growing government reach. (read more)

And, and… they say this like it’s a bad thing. (more…)

For those who are economic and trade policy junkies, President Trump’s key pick for U.S. Trade Representative, Robert Lighthizer, testified today at his Senate Confirmation Hearing.  To skip the legislative posturing {gag} forward the video to 33:00:

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Mr. Lighthizer, 69, worked for decades as a trade lawyer, representing clients including U.S. Steel Corp.  Historically, he has been critical of U.S. officials who supported China’s entry into the World Trade Organization in 2001, and argued the move worsened America’s trade deficit and hollowed out our manufacturing sector.
Two decades of actual, and quantifiable, results later shows Lighthizer was absolutely 100% correct in his criticisms and predictions.  Ultimately this is why the Globalists within the Democrat machine want to keep Lighthizer out of office.  Mr. Lighthizer will forget more about trade deals than the next closest person could ever know. (more…)

Earlier today President Trump met with his cabinet members and outlined the administrations’ expectation they immediately conduct a wholesale review of each department in order to lower costs, shrink the size of their departments and utilize their leadership and executive skills to remove cost redundancy with extreme urgency.

To accomplish this goal, President Trump signed an Executive Order initiating an immediate reorganization of the executive branch –SEE HERE–   Including the elimination of “unnecessary agencies” as identified in the review.

Section 1.  Purpose.  This order is intended to improve the efficiency, effectiveness, and accountability of the executive branch by directing the Director of the Office of Management and Budget (Director) to propose a plan to reorganize governmental functions and eliminate unnecessary agencies (as defined in section 551(1) of title 5, United States Code), components of agencies, and agency programs.

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[Transcript] 3:07 P.M. EDT – THE PRESIDENT:  Hello, everybody.  I’m proud to welcome everyone to our first official Cabinet meeting. (more…)

The Director of President Trump’s Office of Management and Budgets (OMB) Mick Mulvaney discusses the ongoing budgetary priorities of President Trump and the intertwined larger policy objectives – with the newest spokesperson for Grecian men’s haircare formula Jake Tapper.

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Larger things considered, Mulvaney has always been an odd duck selection.  However, perhaps President Trump knew something we didn’t.  What better way to coordinate a budget than to use the same people who allowed a willfully-blind decade of financial usurpation, only this time holding them accountable to a corrective path.  Leverage is, if they fail, their prior activity can always be exposed.
Heck, there’s growing evidence President Trump might just be pulling off an epic reverse Castellano’s maneuver.  After all, Paul Ryan was the former Chairman of the Ways and Means Committee, and current Chair Kevin Brady has been a key focus of President Trump.  Hmmm…
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Representative Jim Jordan lays out a forceful case to destroy the RyanCare healthcare proposal.  Jordan makes a lot of good points; however, the unnerving aspect is Jordan’s response to the long-term ramifications of blowing up the Senate process:  “I don’t care” if we lose elections and end up with single-payer healthcare.
Jim Jordan is scheduled to meet again with President Trump this coming Tuesday.

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Earlier on Fox Business News, House Majority Whip, Representative Steve Scalise, defended the current three-step proposal and extended the conversation into the budget ramifications and the Trump tax reform proposal.
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Secretary Wilbur “wolverine” Ross, aka Wilburine, discusses his perspective on trade issues, and enforcement.    Gotta love Wilburine’s magnanimous graciousness as he explains the “goodwill gesture” extended recently to Mexico.  {LOL} Wilburine also hits at Trade with Japan being utilized as offsetting leverage with China. [Explains golf with Abe]

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