Golden Finance reported that outgoing U.S. Treasury Secretary Janet Yellen warned that the next administration’s plan to extend the 2017 Republican tax cuts could disrupt financial markets and worsen the already challenging U.S. fiscal outlook. "The projected fiscal path under current budget policies is simply unsustainable, and inaction or actions that exacerbate projected deficits could have dire consequences," Yellen said on Wednesday in what could be her last speech in office. In remarks to the New York Business Economics Association, Yellen said extending the tax cuts from Trump's first term as planned "could weaken our country, from the resilience of the U.S. bond market to the value of the dollar and even It will trigger a debt crisis in the future." She also said that such "wrong economic decisions" will affect the long-term economic prospects and impose a heavy burden on the next generation.