OMB Director Russell Vought disputes CBO report that House-passed Budget Reconciliation bill will increase deficit $2.4 trillion/10 years
White 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; T...