Washington Today (6-4-25): OMB Dir disputes CBO report budget reconciliation increases deficit $2.4T
June 4, 2025
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53:47Now PlayingWashington Today (6-4-25): OMB Dir disputes CBO report budget reconciliation increases deficit $2.4T
YouTube Description
as posted by the channelWhite House Budget Director Russell Vought testifies before a House subcommittee on the president's FY2026 budget request and the budget reconciliation bill, the one called the One Big Beautiful Bill on taxes & spending; He disputes a new Congressional Budget Office (CBO) prediction that the House-passed version will add $2.4 trillion in budget deficits over 10 years.
Senate is on path to confirm the second highest spot in the Federal Reserve Board of Governors, vice chair for supervision.
Tariffs on imported steel & aluminum double from 25% to 50%. Commerce Secretary Howard Lutnick goes before a Senate subcommittee defending President Trump's tariff policies.
FAA Acting Administrator Christopher Rocheleau tells a House panel about the administration's plans to completely rebuild the nation's air traffic control operation.
President Trump says he spoke by phone with Russian President Vladimir Putin about the war in Ukraine and nuclear talks with Iran.
U.S. vetoes United Nations Security Council Gaza war ceasefire resolution.
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