Doug Burgum
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Appearances Over Time
Podcast Appearances
So just for good framing, during the campaign, I had a 3-3-3 plan.
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So I had a plan that I called 3-3-3, and the idea was to get the budget deficit, which was running about 6.7% of GDP under the Biden administration, highest that we'd ever had when we
weren't at war or in a recession down to 3%, 3 plus percent economic growth on a persistent basis, and to create three million more barrels of energy equivalent, so oil and gas, before President Trump leaves office.
And look, we're full speed ahead.
We had the first, June was the first positive
june for the treasury since 2015 we actually had a surplus and we did that in a good way we took in more revenues some from tariffs and we brought down spending and when i think about
what we can do here that what I'm really excited about is the idea with AI that we can go back to the paradigm.
When I was younger in the 90s, Alan Greenspan
was able to run the economy very hot in the 90s.
And because it was the IT boom and we had this very powerful noninflationary growth.
And I think that it's highly likely we could have that now.
And so that kind of growth would bring down the deficit very quickly.
So it's a combination, and it's a barbells.
So I've been in Pittsburgh twice in the past four weeks
Four weeks ago, I went with President Trump when he announced the US Steel, Nippon Steel deal, substantial investment by Nippon Steel into an old, very important industry.
And then last week, on Tuesday, there was an AI summit