Defying Data, Kudlow Says Trump's Tax Cuts Covering Their Costs

President Donald Trump’s top economic adviser said Thursday that the administration’s historic $1.5 trillion tax-cut package was already paying for itself amid sustained economic growth.

“I think we have already paid for a good chunk of it,” National Economic Council Director Larry Kudlow said at an event in Washington, adding that the U.S.’s budget outlook is not “as bad as many people say.”