Budget Official Defends Economic Forecast

The White House's top budget official defended the Trump administration's economic forecasts.

Acting budget director Russell Vought briefed reporters Monday on President Donald Trump's 2020 spending blueprint. He said gross domestic product grew by 3.1 percent in the 2018 fiscal year.

Vought says the administration met its economic forecasts two years in a row although critics said it was "guilty of wishful thinking."

Vought claims the Trump administration is the first to ever meet its economic forecasts two years running.

Trump on Monday proposed a record $4.7 trillion spending plan for the budget year that begins Oct. 1.