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On Tuesday’s broadcast of CNBC’s “Squawk on the Street,” Commerce Secretary Gina Raimondo, who appeared in her personal capacity, responded to analysis that 2024 Democratic presidential candidate Vice President Kamala Harris’ economic plans will increase the deficit by stating that under 2024 Republican presidential candidate former President Donald Trump’s administration, “the deficit exploded, in a time of economic prosperity.
Raimondo answered, “Of course we do. But, honestly, I find it laughable that anyone would criticize Democrats about the deficit, when it was Donald Trump who exploded the deficit with his reckless tax cuts, which did nothing to improve productivity or the economy, and, in fact, under his leadership, the deficit exploded, in a time of economic prosperity.
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