'Another trillion in debt, here we come': Cohn sees Trump working with Democrats on infrastructure
CNBC.com
Thomas Franck
Updated 7:09 PM ET Tue, 18 Sept 2018
Former White House economic advisor Gary Cohn said President Donald Trump will work with Congress to pass a massive debt-fueled infrastructure bill if Democrats take control of the House of Representatives in November.
"If the Democrats win the House I will be shocked if the first thing they don't do is infrastructure," Cohn said in a live interview with Reuters on Monday. "I think they'll do a trillion dollars, trillion and a half dollars of infrastructure, and the president will sign it."
"Another trillion dollars of debt, here we come," he added.
A perennial issue for Washington lawmakers, the national debt is expected to rise to $28.7 trillion from $15.7 trillion over the next decade, according to the Congressional Budget Office... FULL ARTICLE
Posted on Tue, September 18, 2018
by John Cox