Larry Kudlow, director of President Trump’s National Economic Council, set off a wave of incredulous head-scratching on Friday by claiming in an interview with Fox Business Network that the federal deficit “is coming down. Kudlow clarified his statement later in the day, explaining that he meant that the deficit will come down rapidly as the GOP’s tax cuts and the White House’s economic plan boost growth far beyond what most analysts outside the Trump administration expect. My case for lower deficits is that economic growth, both real and nominal, is going to be significantly faster than any of …read more
Source:: Yahoo Finance
