Kevin Hassett, Director of the White House's National Economic Council, spoke with Scripps News following President Trump's cabinet meeting on Tuesday.
Hassett said hundreds of billions of dollars in tariff revenues have begun to supplement public programs.
"I got the latest report a couple days ago; It's getting close to already this year $200 billion. I think that the latest estimate from [the Congressional Budget Office] is that we're looking at maybe $3 trillion in revenue over the next ten years. What that's doing is it's defending Social Security, Medicare and Medicaid, and making it so that our programs are on sounder footing because we have a lot more revenue."
"Because prices aren't going up, the tariffs, as President Trump always suggested, are mostly being borne by foreign su