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A trillion-dollar blunder

Stephen Moore, Washington Times

Mr. Trump’s tax cut in only 9 months old so it is too early to say it is paying for itself. But already well over half the projected cost has evaporated because of higher growth. If we stay on this 3 percent to 4 percent path for another couple of years, the flood of added revenues will mean smaller deficits and much smaller debt levels relative to GDP. What makes this all the more remarkable is that most Democrats are running for Congress this year promising to repeal or rollback the Trump tax cut even though it has helped get us to 4 percent growth in a mere 18 months.

https://www.washingtontimes.com/news/2018/sep/30/the-congressional-budget-office-misses-the-mark/