Lilley: Time for bold action with Carney’s deficit numbers through roof

Brian Lilley: Look, Trump and the tariffs are factors, but the federal government has a spending problem and that is driving most of this bigger deficit. The tariff impact is projected to decrease government revenue by about $12.9 billion per year over the coming few years.

That amounts to less than 20% of the deficit, which was growing and out of control due to increasing spending long before Trump returned to the White House…