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Subscriber OnlyMarketsEconomicsU.S. Debt Load Seen Worse Than Italy's by 2023, IMF PredictsGreenspan says tax cuts problematic because they’re unfundedTrump’s budget chief urges Congress to approve spending cutsFormer Fed Chairman Alan Greenspan says the U.S. tax cuts are "unfunded." (Source: Bloomberg)ByVincent Del Giudice and Alexandre Tanzi+FollowApril 18, 2018, 1:40 PM UTCUpdated onApril 18, 2018, 5:55 PM UTCMamma 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.