President Donald Trump’s Director of the National Economic Council, Kevin Hassett, set the record straight Wednesday regarding the positive impact the administration is having on the national debt.
Hassett told CNN, “We were in a fiscal situation that was completely out of control when [Trump] came into office, and now we’ve reduced the deficit by about $600 billion this year, because of high growth, tariff revenue, and reducing the federal workforce.”
“We’ve reduced federal workers by 360,000 people, and that’s, like, almost $30 billion a year in savings. What President Trump is doing is taking a big step towards getting closer to a balanced budget,” he noted.
“That kind of fiscal responsibility is something that people have been asking governments of both parties to do for a long time,” Hassett said.
KEVIN HASSETT: “We’ve reduced federal workers by 360,000 people, and that’s like almost $30 billion a year in savings … We were in a fiscal situation that was completely out of control when@POTUScame into office, and now we’ve reduced the deficit by about $600 billion …”pic.twitter.com/OQ7pPYPIPo
— Trump War Room (@TrumpWarRoom)February 11, 2026
White House Deputy Chief of Staff James Blair also called out Politico for reporting that Trump policies are running up the deficit in a story headlined “US Debt Forecast to Hit $64T in a Decade as Trump Policies Widen Deficit.”
“The January 2026 deficit is literally 35% lower than the January 2025 deficit. This … headline is fake. Made Up,” he posted on social media.
The January 2026 deficit is literally 35% lower than the January 2025 deficit.
This is headline is fake. Made Up.
Source: VidNews » Feed
