Tuesday, April 30, 2019

Kudlow Speaks Truth: Trump Will Not Pay Down the Debt During His Presidency

White House chief economic adviser Larry Kudlow told reporters Monday that President Trump is unlikely to pay off any of the national debt, currently at $22 trillion, according to The Washington Examiner.
"Whoa, whoa, it doubled under the prior eight years," Kudlow said on the White House driveway, he said

In response to a follow-up question about whether Trump would pay down "any" of the national debt, Kudlow indicated he would not.

"Paid off? No, I don't expect so, and I think the issue there has always been to lower the debt burden on the economy, to try to bring that debt to GDP ratio down," he said.



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