CBO says growth to slow in 2019 as deficit climbs to nearly $900 billion

WASHINGTON (Reuters) – U.S. economic growth will slow this year to 2.3 percent from 3.1 percent in 2018, as the stimulative effects of President Donald Trump’s tax cuts wane and the federal budget deficit climbs to nearly $900 billion, congressional researchers said on Monday. In its latest 10-year budget and economic outlook, the Congressional Budget …

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