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Trump’s Deficit Gamble

Donald Trump’s unfunded tax cuts will add an estimated $1.5 trillion to the US budget deficit over the next decade, and spending commitments approved by Congress will boost it by a further $300 million. For how long will the world continue to finance America’s fiscal recklessness?

Featured in this Big Picture

  1. Stephen S. RoachStephen S. Roach
  2. Simon JohnsonSimon Johnson
  3. Martin FeldsteinMartin Feldstein
  4. Jeffrey FrankelJeffrey Frankel

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