NEC Director Kevin Hassett: This bill will bring the biggest tax cut and spending cut in history
CNBC Television·2025-06-30 17:45
Oh, I 100% disagree with those numbers. You remember that in the House bill, there were a bunch of things that were temporary uh that were there for the first four or five years, but then looked like they raised money in the out years, but of course, a big tax hike in the fifth year is going to cause a recession to reduce uh growth and and increase the deficit. Uh the number that I think is the best number to think about when you're looking at that 3.3% trillion is that if we get 3% growth instead of 1.8% 8 ...