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Trump Advisers Suddenly Worried About Debt

May 10, 2020 · 2:57 pm ET · Leave a Comment

“Senior Trump administration officials are growing increasingly wary of the massive federal spending to combat the economic downturn and are considering ways to limit the impact of future stimulus efforts on the national debt,” the Washington Post reports.

“While no one in the administration is advocating immediate cuts, the unease among senior Trump advisers about federal spending comes as the White House halts talks with Congress on additional emergency measures to rescue a U.S. economy facing its worst crisis in generations.”

“The concerns about the deficit are coming from traditional conservatives at the White House, including new chief of staff Mark Meadows and acting budget director Russ Vought. But officials say they are likely to face much more skepticism from President Trump himself. Trump has shown little interest since becoming president in shrinking the deficit and has so far stood firm on his campaign pledge not to alter Social Security.”

Budget & Taxes, White House

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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