Fitch: Passage of Trump bill does not change benchmark forecasts "
Crypto 7x24
2025-07-04 06:21:35
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Online reports that Fitch senior director Richard Francis said that Fitch has long expected significant tax cuts in its benchmark fiscal forecast, and the passage of the bill will not significantly change our benchmark. We expect that the total U.S. government deficit will rise to more than 7% of GDP next year, and the debt ratio will be close to 120% of GDP by 2026.
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