The International Monetary Fund (IMF) warned that U.S. President Trump's tax bill is expected to come close to final approval on Thursday, which could complicate the task of reducing the U.S. fiscal deficit and debt burden in the coming years.
IMF spokesperson Kozak stated that the U.S. needs to gradually reduce public borrowing and begin decisively cutting the debt-to-GDP ratio, which is a commonly used indicator of debt sustainability

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The International Monetary Fund (IMF) warned that U.S. President Trump's tax bill is expected to come close to final approval on Thursday, which may complicate the task of reducing the U.S. fiscal deficit and debt burden in the coming years. IMF spokesperson Kozak stated that the U.S. needs to gradually reduce public borrowing and decisively cut the debt-to-GDP ratio, which is a commonly used indicator of debt sustainability

The IMF warns that Trump's tax reform will exacerbate the medium-term debt challenges of China and the United States