Kevin Hassett

Trump Fed Flattering Economic Numbers, Report Claims

According to National Economic Council director Kevin Hassett, President Trump bases his positive economic claims on specific areas where progress has been made, rather than overall economic indicators. Hassett explained that Trump focuses on items like prescription drugs and gasoline, which have seen price decreases, to support his claims of falling prices. This approach, however, contrasts with data showing a rise in consumer prices and personal consumption indices. Many viewers interpreted Hassett’s statements as an admission that the president is only exposed to selective data.

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Americans Decry “Get a Job” Advice for Health Insurance

National Economic Council Director Kevin Hassett stated that the best way to secure health insurance is by “getting a job” following the passage of President Trump’s budget bill. The bill is expected to cut nearly $1 trillion in Medicaid funding, and the Congressional Budget Office (CBO) predicts millions could lose coverage. Hassett countered that the CBO’s estimates are flawed, with some individuals already having alternative insurance. However, experts warn that the work requirements and potential administrative burdens may leave many vulnerable Americans without coverage.

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