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Trump to Unveil Steps Soon to Tackle Budget Gap, Hassett Says

  • White House adviser says Trump to aggressively fight shortfall
  • Hassett sees U.S. economic growth next year topping 3 percent
Lawmakers Trying To Avert Fiscal Cliff To Prevent Short-Term Shock To The Economy

Photographer: Andrew Harrer/Bloomberg

President Donald Trump will unveil measures soon to address the federal government’s big budget deficit, his chief economist said on Tuesday.

“The deficit is absolutely higher than anyone would like,” Kevin Hassett, chairman of the White House’s Council of Economic Advisers, said. “As you watch our next budget come out -- and you’ll start to see things in the next few weeks -- then you’ll see a much more aggressive stance” in tackling it.