On MSNBC’s Morning Joe today, Steven Rattner presented charts explaining how the passage of the G.O.P.’s most recent budget deal, layered on top of the tax package, puts the debt (relative to the size of the economy) profile on track to exceed post-WWII levels. Such fiscal irresponsibility has begun to rock the markets. (Please also see Steve’s recent New York Times Op-Ed on this subject here).
President Trump is releasing his fiscal 2019 budget on Monday, yet Steve Rattner says the country’s budgetary outlook is ‘potentially apocalyptic.’ Rattner returns to the show with charts to discuss.
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