White House predicts deficit will shrink, debt-to-GDP improve early next year as economy recovers
Updated: September 5, 2024 - 5:17pm
'Those deficits are not going to look anywhere near the size they are. And as that happens, your debt-to-GDP also won't look as bad. So they're really kind of interconnected.' -Joe LaVorgna, White House Chief National Economic Council Chief Economist