$33bn Hedge Fund: There Could Be a Recession if the Trump Administration Doesn’t Get its Act Together

(The Business Insider) Billionaire Paul Singer’s Elliott Management says we might be in for a recession if the Trump administration doesn’t pass reforms in taxes, regulation and health care. Trump took office with a plan to cut taxes, cut back on regulations and boost infrastructure spending — all in a bid to raise economic growth. The plans have mostly been stymied by political disagreements over healthcare reform and a probe into Russia’s potential interference in the election.

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