Appearances: MSNBC Live with Stephanie Ruhle – Addressing the US Budget Deficit Through Tax Cuts and

Earlier today, Andy sat with Stephanie Ruhle and former New Jersey Senator Bob Torricelli to discuss the highest US budget deficit in six years, which has soared to a reported $779 billion in the fiscal 2018 year.

Also debated, was how to reduce spending in order to decrease the massive federal budget deficit. “We do need to reduce the debt but the first leg of that is to reduce the deficit, but you can only reduce it by increasing revenues and decreasing spending- we are only doing one of those things,” argued Andy.

In closing, Andy notes, “The deficit ultimately goes up because we spend more than we increase revenue. If spending always increases more than revenue, the debt will never go down.”

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