Home The US fiscal outlook is not good, tax cuts could cause recession – Goldman Sachs

The US fiscal outlook is not good, tax cuts could cause recession – Goldman Sachs

Updated: 22 May. 2018 | 05:21

“The US fiscal outlook is not good,” Goldman’s chief economist Jan Hatzius said in a note on Sunday. The investment bank sees deficit ballooning to $2.05 trillion (7 percent of GDP) by 2028, according to CNBC and sees recession risk.

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