White House economic adviser Larry Kudlow promises big cuts in domestic spending for 2020 budget
White House economic adviser Larry Kudlow revealed Sunday that President Trump wants a 5 percent cut “across the board” on all domestic spending as part of his proposed 2020 budget.
“It will be a tough budget,” Kudlow said during an appearance on “Fox News Sunday.” “We’re going to do our own caps this year and I think it’s long overdue.”
Kudlow added: “Some of these recent budget deals have not been favorable towards spending. So, I think it’s exactly the right prescription.”