Kudlow Dismisses Exploding Budget Deficit

White House economic adviser Larry Kudlow — who called federal spending “the most unbalanced fiscal story coming of Washington, really in our history” in 2009 — on Thursday said the deficit, which has risen about 80 percent since Trump took office and is on track to top $1 trillion for the first time in history, “doesn’t bother me right now,” the Washington Post reports.

He added: “I don’t think we’re at a crisis point now.”

Wall Street Journal: “The U.S., despite a record-long economic expansion, is on course to test just how much it can borrow.”