Reuters Politics – Spoken Edition

Rosy White House tax cut forecast clashes with independent analysis

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WASHINGTON/NEW YORK (Reuters) - The White House promoted President Donald Trump’s tax cut plan on Friday with a forecast of faster U.S. economic expansion and wage growth, as independent analysts said the plan would swell the budget deficit and provide little spark to the economy. The rival projections reflected the many unknowns swirling around the plan, expected to be unveiled in legislative form on Wednesday.