Goldman Sachs CEO David Solomon said the firm's report that Vice President Harris touted showed just two-tenths of 1% difference in growth between her plan and Trump's.
The CEO of Goldman Sachs weighed in on Vice President Harris' comments during Tuesday night's presidential debate in which she touted the investment bank's analysis of the benefits of her economic plan, saying the Democrat nominee made the report seem like a bigger deal than reality shows.
Reuters reported that the analysis in question said that higher tariffs and tighter immigration policy under a potential Trump administration "would outweigh the positive fiscal impulse" of other policies to bring down GDP growth. Further, it predicted that Democrats' spending policies and tax credits would "slightly more than offset lower investment due to higher corporate tax rates" and result "in a very slight boost to GDP growth on average over 2025-2026.
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