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Russell Vought: “We lost that ability in the 1970s.”

Featuring: Russell Vought, Director, U.S. Office of Management and Budget | National

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Full Interview: OMB Director Russell Vought on "Face the Nation"

Published | Video Starts at 08:27

But 200 years of presidents up until the 1966 had the ability to spend less if they could find efficiencies or if they could find ways that an agency was doing. That sounds like a yes. We lost that ability in the 1970s. The president ran on restoring that funding authority to the presidency. And it's vital. If you look at when we started to lose control fiscally, it was right around the time of the 1970s. (08:27–08:30)

CLAIM

Asserts that the ability for presidents to spend less than appropriations was lost in the 1970s.

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