Republicans and Economists Disagree on Potential Growth from New Tax Bill

Reported about 18 hours ago

As Republicans push a megabill through Congress, they foresee a significant economic boom driven by tax cuts and deregulation. However, economists project modest growth while warning of rising budget deficits. The debate centers on contrasting estimates of the bill's impact, with Republicans optimistic about consumer spending and investment, while nonpartisan analysts predict minimal GDP increases and caution against inflated growth expectations.

Source: YAHOO

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