NEC's Kevin Hassett on Sept. Jobs and Paying Down US Debt
National Economic Council Director Kevin Hassett stated that while the government's debt-interest burden is high, the administration remains committed to deficit reduction.
National Economic Council Director Kevin Hassett says higher long-term rates can reflect underlying economic strength. Speaking to Mike McKee and Dani Burger on Bloomberg Open Interest, Hassett calls the government’s debt-interest burden unacceptably high but says the administration is serious about deficit reduction. (Source: Bloomberg)
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