Larry Kudlow, director of the National Economic Council for President Donald Trump, raised eyebrows when he said in a Fox Business Network interview that the nation’s deficit is falling on Trump’s watch.
The economy under President Donald Trump, Kudlow said on June 29, “is throwing out enormous amounts of new tax revenues. As the economy gears up, more people working, better jobs and careers — those revenues come rolling in, and the deficit, which is one of the other criticisms (of Trump’s economic policy), is coming down, and it’s coming down rapidly. Growth solves a lot of problems.”
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