Trump's big beautiful bill will add to U.S. deficit, but won't do much to boost growth: Economist
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Trump's big beautiful bill will add to U.S. deficit, but won't do much to boost growth: Economist

Torsten Slok from Apollo Global Management says the key issue with the new U.S. budget is that it's an extension of tax cuts that were already in place, so the boost to GDP growth and inflation from the bill itself will be very limited.
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Mon, Jul 7 20259:16 PM EDT