Goldman Sachs: Trump’s tax cuts could cause recession
![Goldman Sachs: Trump’s tax cuts could cause recession](http://thenypost.files.wordpress.com/2018/05/goldman-tax-cuts-recession.jpg?quality=90&strip=all)
President Trump’s $1.4 trillion tax cut could have painful consequences for the economy down the road — including a possible recession and a ballooning deficit, according to Goldman Sachs. “The US fiscal outlook is not good,” Goldman’s chief economist Jan Hatzius said in a Sunday note. The Wall Street powerhouse — whose former president Gary...