Economists fear a recession could be on the horizon in 2020

Trump speaking
President Trump speaking about tax cuts for American workers. Photo: Alex Wong/Getty Images

"A group of top business economists believes the major tax cuts President Trump pushed through Congress will give a significant boost to economic growth this year and next year. But they worry that by 2020, the country could be entering a new recession," AP economics writer Martin Crutsinger writes.

The big picture: Trump's recent tax cuts are providing a tangible boost to the economy in the short term, but economists fear the long-term effects from the cuts might trigger an economic recession.