Spending trajectory looks key to continue narrowing the deficit: Treasury Sec. Counselor Lavorgna
CNBC Televisionยท2025-10-23 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 ...