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Guggenheim’s Millstein Warns of Potential ‘Fiscal Disaster’

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Jim Millstein Warns About Tax Risk in the U.S.

Jim Millstein, co-chair of Guggenheim Securities and a former Treasury Department official under Barack Obama's administration, has issued a serious warning: The U.S. could be on the verge of a "tax disaster." According to the original report, if a recession crosses the road while new tax cuts packages are being implemented, fiscal figures could skyrocket dangerously.Impact of a possible recessionThe U.S. deficit currently accounts for 6.4% of t…

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Guggenheim’s Millstein Warns of Potential ‘Fiscal Disaster’

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Leaning Left1Leaning Right0Center1Last Updated1 day agoBias Distribution

50% Left, 50% Center

Bias Distribution

50% of the sources lean Left, 50% of the sources are Center

50% Center

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Bloomberg broke the news in United States 1 day ago on Monday, May 19, 2025.

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