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Hassett Says Trump $5,000 Checks Can Be Fiscally Responsible
Source: Bloomberg
Fiscal Policy & BudgetElections & Domestic PoliticsSovereign Debt & Ratings
White House NEC Director Kevin Hassett downplayed borrowing concerns over President Trump’s proposal to issue $5,000 checks to every adult US citizen. The proposal could materially increase fiscal outlays and add to scrutiny of already historically high US government borrowing, despite the administration’s reassurances.
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