Economist Predicts Trump's Tax Bill Won't Cause Major Deficit Issues

Reported 8 days ago

Economist Glenn Hubbard believes that while President-elect Trump's tax cuts could impact the US deficit, they are unlikely to lead to a significant blowout. Despite concerns about extending past tax cuts and persistent inflation, Hubbard is optimistic about potential good policies in tax and regulation under the Trump administration. He suggests that while the Federal Reserve may slow rate cuts, it won't rush to change rates amid the current economic landscape.

Source: YAHOO

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