WATCH: Powell delivers remarks as Trump pushes budget that could add $5.1 trillion in debt

Politics

Federal Reserve Chair Jerome Powell will deliver remarks at the Fed's International Finance Division's 75th Anniversary on Monday.

Watch in the player above.

President Donald Trump faces the challenge of convincing Republican senators, global investors, voters and even Elon Musk that he won't bury the federal government in debt with his multitrillion-dollar tax breaks package.

The response so far from financial markets has been skeptical as Trump seems unable to trim deficits as promised.

The tax and spending cuts that passed the House last month would add $5.1 trillion to the national debt in the coming decade if they are allowed to continue. That's according to the Committee for a Responsible Financial Budget, a fiscal watchdog group.

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WATCH: Powell delivers remarks as Trump pushes budget that could add $5.1 trillion in debt first appeared on the PBS News website.

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