I believe you get a lot of that back through growth in additional revenue, every 1% as Mr. Trump has promised. Well, that's a different subject. But I would say Every 1% increase in GDP and economic growth, we're told, generates about $3 trillion in additional tax revenue. So you're going to get some back in terms of a growth dividend and there will be spending cuts. There's no question about it. (17:01–17:09)
CLAIM
Asserts that a 1% GDP growth generates approximately $3 trillion in additional tax revenue.
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