International Monetary Fund: "Big and Beautiful" bill will exacerbate US fiscal deficit.

On the 3rd local time, International Monetary Fund spokesperson Cozzi stated that the so-called "big and beautiful" tax cuts and spending bill would further expand the United States' fiscal deficit, while reducing the fiscal deficit is key to stabilizing the ratio of U.S. debt levels to GDP, and the sooner action is taken, the greater the room for adjustment. In recent years, the International Monetary Fund has been advising the United States to fill the fiscal deficit by raising taxes, but this bill continues the policies of the Trump administration's first term and adds new tax cuts.