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John Thune: “Tax foundation, for example, says you get another 1.8% GDP…”

Featuring: John Thune, Republican | Senate Majority Leader, South Dakota

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Unintelligible Transcript with Repeated Speaker A

Published | Video Starts at 04:32

And I think the answer to that, Becky, is if you look at what is being proposed and what I would argue is the thing that's different is permanence. You know, if you, if you do this on a permanent basis, Tax foundation, for example, says you get another 1.8% GDP growth out of [making tax cuts permanent]. that. And that's a huge impact on government revenues. So you get more growth, you get more revenues for every 1% increase in gross domestic product. (04:32–04:38)

CLAIM

Asserts that making tax cuts permanent could result in a 1.8% GDP growth according to the Tax Foundation.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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