… upon a static scoring assessment of the effect, the macroeconomic effect growth effect that these changes will have on our economy. And all the modeling that we've seen suggests that The changes that are being made in the tax policy, particularly making permanent bonus depreciation, interest deductibility, R and D expensing, are going to lead to significant growth. And you couple the growth with the biggest spending reduction in American history and you will see a reduction, not an increase in the deficit. So we have a difference of opinion. (00:39–00:49)
CLAIM
Asserts that changes in tax policy will lead to significant economic growth.
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