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U.S. Debt Load Seen Worse Than Italy's by 2023, IMF Predicts

  • Greenspan says tax cuts problematic because they’re unfunded
  • Trump’s budget chief urges Congress to approve spending cuts
Bloomberg business news
Former Fed Chairman Alan Greenspan says the U.S. tax cuts are "unfunded." (Source: Bloomberg)
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Mamma Mia!

In five years, the U.S. government is forecast to have a bleaker debt profile than Italy, the perennial poor man of the Group of Seven industrial nations.