Spending trajectory looks key to continue narrowing the deficit: Treasury Sec. Counselor Lavorgna
CNBC Television·2025-10-23 16:48

Let's bring in Joe Leavia, counselor to the Treasury Secretary to discuss this. Joe, uh, it's great to have you on to to kind of flesh this out a little bit. And I I guess first of all, most important I would be to get at what the drivers of this narrower deficit are and whether they're structural, whether they're durable, whether they're going to continue because I mean you hear things about obviously tariff revenue, uh pretty high capital gains tax collections and then some maybe foregone spending that ma ...

Spending trajectory looks key to continue narrowing the deficit: Treasury Sec. Counselor Lavorgna - Reportify