Larry Summers: A warning on Trump’s budget: “You cannot use the growth benefits of tax cuts once to justify an optimistic baseline and then again to claim that the tax cuts do not cost revenue… https://www.ft.com/content/2ae4722a-f82f-3bbe-aba1-5b89dd8ac314 …This… is akin to buying a company assuming that you can make investments that will raise profits, but then, … Continue reading Must-Read: Larry Summers: A warning on Trump’s budget: “You cannot use the growth benefits of tax cuts once to justify an optimistic baseline and then again to claim that the tax cuts do not cost revenue…