As a candidate in 2016, President Donald Trump promised to balance the federal budget within eight years.
White House economic adviser Larry Kudlow suggested on Thursday that the rapidly growing gap between federal income and spending wasn't a pressing concern. "I don't think we're at a crisis point now," Kudlow said of publicly-held debt as a share of gross domestic product."That by itself is not a catastrophe. It doesn't bother me right now.
White House economic adviser Larry Kudlow suggested on Thursday that the rapidly growing gap between federal income and spending wasn't a pressing concern. "I don't think we're at a crisis point now," Kudlow said of publicly-held debt as a share of gross domestic product."That by itself is not a catastrophe. It doesn't bother me right now.
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