CNBC Daily Open: Trump's 'big, beautiful' tax bill might only be a short-term boost to the U.S. economy
- Posted on May 23, 2025
- By CNBC
- 3 Views
CNBC Daily Open: Trump's 'big, beautiful' tax bill might only be a short-term boost to the U.S. economy
Further into the future, the bill will likely saddle America with a higher fiscal deficit, as tax cuts are coupled with increased spending on defense.
