Senator Ted Cruz (R-Texas) reacted to President Trump's first address to a joint session of Congress, saying it was a "very encouraging night" and that he looks forward to working with the president on several issues.

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Cruz, one of Trump's former campaign rivals, said it was a relief that after "eight years of stagnation [and] jobs fleeing this country" that Trump is ready to bring about "booming economic growth."

Asked about Trump's allegedly expensive agenda of infrastructure projects and other expenditures, Cruz, a steadfast fiscal conservative, said the White House must take the national debt seriously.

However, Cruz said cutting spending is only one way to spur debt reduction, and that Trump's plans to create widespread economic growth through deregulation is more effective.

"The most potent tool is not cost-cutting, it's economic growth," Cruz said.

He added that he and Republicans in the Congress can indeed agree on a single measure to repeal-and-replace ObamaCare.

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