At the time, S&P justified its downgrade on concerns over the rising budget deficit and debt burden. (cnbc.com)
The threat of a rising budget deficit could erode support for the plan among lawmakers in Trump's own Republican Party. (fortune.com)
Immediately post-election, I went long the dollar on a thesis that a rising budget deficit and monetary tightening would lead to a strong currency. (betterstockideas.com)