Mick Mulvaney, White House budget director, says that economic growth is higher than the Trump administration anticipated. When asked about the 2.9% GDP growth during the fourth quarter, he stated, “We didn’t even think we can do it till 2020 … And we’re there actually ahead of schedule.” He also went on to talk about how the administration “underestimated the potential of the American economy.” Mulvaney said the unexpected growth was due to anticipation of the president’s tax reform, deregulation, and energy policy changes.
Read more here.
