Economy US: Tax cuts, spending to raise deficit to $1 trillion by 2020 Updated : April 10, 2018 06:26 AM IST The economic growth promises to drop the nationwide unemployment rate below 4 percent starting this year. The nation's $21 trillion debt would spike to more than $33 trillion in 10 years. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.