Wharton Professor Warns of Possible US Fiscal Crisis in 2025 If Tax Cuts Are Extended
• Market chaos could come in 2025 if US doesn't adjust fiscal path, per Wharton professor • Pointed to UK mini-budget crisis as a warning sign of what could happen • Says US can't afford to extend 2017 tax cuts next year • US debt now $34 trillion and growing dangerously fast • Fate of tax cuts relies on who wins White House in 2024