WATCH: Trump's top budget adviser says there's been progress on 'righting our fiscal ship'

Russell Vought, director of the Office of Management and Budget, made an opening statement in a hearing before the Senate Budget Committee Thursday on President Donald Trump’s 2027 budget request.

Vought touted Trump’s signature “One Big Beautiful Bill Act” and legislation that rescinded $9 billion in previously allocated funding for foreign aid and public media.

“In just one year, the Trump administration and Congress have made historic progress on righting our fiscal ship, the speed and scope of which have not been seen in Washington for many years,” Vought said.

Vought, a key figure in the Trump administration's efforts to shrink the federal workforce, also defended the president's budget request in a House hearing Wednesday.

Trump's funding wish list for fiscal year 2027 includes a staggering bump for defense spending — a nearly 50% increase to $1.5 trillion — to build his "dream military."

The president's budget request is not final, but it does signal the Trump administration's priorities for the coming fiscal year. Though Trump has tried to exert more authority over spending in his second term, it's up to both chambers to revise and approve the final budget in the coming months.

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