Nussle Talks National Budget on CNBC

WASHINGTON – CUNA President/CEO Jim Nussle continued to spread the message he’s been sending to attendees at CUNA’s Governmental Affairs Conference all week: Use the power of your voice to make an impact.

“I’ve told the credit union members who are in town to be aggressive,” he said on CNBC’s "Squawk on the Street" Wednesday morning. “That now is the time to act by talking to their legislators.”

Nussle appeared on the program to talk about the president’s proposed budget blueprint. Nussle served as director of the Office of Management and Budget from September 2007 to January 2009.

President Donald Trump unveiled the proposed blueprint during a speech to Congress Tuesday night. Decreases in entitlements and increases in defense spending are among the items it calls for, leaving little “wiggle room” to balance the rest of the budget, Nussle said.

“There is some concern about how we’re going to pay for it all,” he said. “Credit unions are the folks that sit across from people every day and help them balance their checkbooks and get out of debt. And they have the same question for the president. How are you going to pay for this? How are you going to balance the federal check book and make it all fit together?”

It was Nussle’s second appearance on the show in the last two weeks. On Feb. 17, Nussle appeared on "Squawk on the Street" to discuss the president’s pick for Secretary of Labor, challenges to bringing down the deficit, and other issues facing the administration

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