A former economic advisor to President Obama accused the Trump administration of using "accounting gimmicks and borderline fraud" in the new budget proposal.

Austan Goolsbee told Neil Cavuto in a heated exchange that health care costs are rising and that slowing the growth of Medicaid is not the answer.

"What is a fraud is telling the American people, 'Pay no attention to those numbers," Cavuto responded, referring to rising taxes and healthcare premiums.

Fmr CIA Official: 'Trey Gowdy Ought to Have His A** Kicked'

'Don't Mess With My Flag': Vets Outraged After HOA Limits When American Flags Can Be Displayed

Ohio Coroner: Facilities Running Out of Room Due to Mounting Opioid Overdoses

Goolsbee noted that President Trump promised not to cut Medicaid.

He disagreed with Cavuto, saying that slowing Medicaid's growth is similar to cutting its funding.

"The best thing Trump has going for him is that no one is going to read this budget with everything else going on," Goolsbee said.

"We are hosing the American people," and some of the government's spending habits are "ripe for pruning," Cavuto said.

Medal of Honor Recipient: 'Release the Gates of Hell' on ISIS

Judge Nap: Special Counsel in Russia Probe May 'Close Up Shop' Without Charges

'The View' Bashes Trump as Unpresidential for Calling Terrorists 'Evil Losers'