Economic Outlook - The economy is projected to grow as much as 4% [1] - There are signs of deflation in energy, gasoline, agriculture, and commodities [1] Tax Policy Impact - The tax bill aligns with the president's campaign promises, including no tax on tips, overtime, and social security, as well as the deductibility of auto loans for American cars [2] - Working Americans are expected to see substantial tax refunds in the first quarter of the year [3] Income and Affordability - Starting January 1st, working Americans will reset their withholding levels, leading to real income increases [4] - The affordability crisis is being managed, with energy prices decreasing and expectations for a decline in housing prices as a lagging indicator [4] - Anticipation of lower Consumer Price Index (CPI) numbers in the coming months [4]