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Fortune
Fortune
Tatiana Sataua

‘Grow the damn economy: Billionaire Ken Griffin warns Trump made a mistake cutting taxes as the national debt tops past $40 trillion

Ken Griffin, founder and CEO of the hedge fund Citadel LLC, speaks at the Milken Institute's Global Conference. (Credit: Apu Gomes/Getty Images)

Ken Griffin has spent millions helping Republicans win elections. But the Citadel founder says President Donald Trump and his party made a mistake by renewing tax cuts without room in the budget to pay for them.

“We didn’t have the fiscal space to renew the tax cuts,” Griffin said Tuesday at the Future of Global Markets Conference in New York, pointing to the government’s heavy pandemic spending and a national debt that has surpassed $40 trillion.

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