🛡️⚡The Fitch director expects the American deficit to exceed 7% of GDP next year💯

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🛡️⚡According to #mansooralrhyb , the senior director at Fitch, Richard Francis, stated that Fitch has long anticipated significant tax cuts in its baseline financial forecasts. The passage of

🛡️⚡the bill will not significantly change these fundamentals. The total U.S. government deficit is expected to rise to more than 7% of GDP next year, with the debt-to-GDP ratio approaching 120% by 2026.💯

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