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U.S. Economy Poised for 3% Growth by 2025

5/20/2025

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Summary

Story summary

Kevin Hassett, the Director of the White House National Economic Council, envisions an economic "liftoff" fueled by promising trade deals, clearer tax policies, and robust job growth. He confidently predicts growth surpassing three percent by late 2025, asserting that even amidst a credit rating downgrade, the U.S. economy will flourish through reduced spending and deregulation.

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Story summary

Kevin Hassett, the Director of the White House National Economic Council, envisions an economic "liftoff" fueled by promising trade deals, clearer tax policies, and robust job growth. He confidently predicts growth surpassing three percent by late 2025, asserting that even amidst a credit rating downgrade, the U.S. economy will flourish through reduced spending and deregulation.