Castle Securities CEO criticizes Trump's tax cuts: US has no fiscal space left

Odaily 星球日报讯 Castle Securities CEO Griffin stated that US congressional Republicans and Trump further cutting taxes last year was a mistake. Griffin said: "We no longer have enough fiscal space to continue these tax cuts."

Griffin pointed out that the scale of US Treasury debt has exceeded 40 trillion dollars, and Republicans in the process of pushing tax cuts over the past two years "are already hard to absolve from blame." Griffin, an important Republican donor, said the key to solving the US fiscal problem lies in "truly driving economic growth," while also promoting European economic growth. He added: "The tariff war with Europe is simply a disaster."