Fitch: The passage of the Trump bill does not change the Benchmark forecast.

Jin10 data reported on July 4th that Fitch's Senior Director Richard Francis stated that Fitch has long anticipated significant tax cuts in its Benchmark fiscal forecasts, and the passage of this bill will not significantly change our Benchmark. We expect the U.S. government’s total deficit to rise to over 7% of GDP next year, and by 2026, the debt ratio will approach 120% of GDP.

TRUMP0.28%
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