The Presidential Daily Brief

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    UK Chancellor Says Brexit Will Mean New Taxes

    He’s stepping up attacks on Vote Leave. Chancellor of the Exchequer George Osborne, who opposes the campaign for Britain to leave the European Union, says an exit could create a $42.8 billion chasm in public finances — and it would be up to U.K. taxpayers to make up the difference. Recent polls have shown voters beginning to swing toward choosing to leave in the June 23 referendum, a prospect that has put financial markets around the globe in a panic and that has economic experts forecasting recession and doom.

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