Goldman Sachs - US Congress likely to approve $1 trillion in tax cuts by next year

Omkar Godbole FXStreet Contributor

Goldman Sachs economist Alec Phillips' says the congress is more likely to approve the tax cuts by next year. He is assuming expiring tax cuts would be extended, it would work out to $1 trillion in new tax cuts over 10 years, or 0.4 percent of GDP over that period.

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Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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