New Stimulus Leads Economists to Revise Up Growth, Deficit Projections

Mony
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Economists on Wall Street are revising up their estimates of U.S. economic growth over the coming two years due to Washington’s embrace of tax cuts and government spending increases.

Another impact of Washington’s fiscal stance will be larger budget deficits in future years, which could constrain the government’s ability to respond to future downturns or crises.

The…

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