<p>On November 20 the Urban-Brookings Tax Policy Center released a macroeconomic analysis of H.R. 1, the Tax Cuts and Jobs Act, finding that the bill would increase GDP by 0.6 percent in 2018 and 0.2 percent in 2037 and would boost revenues enough to offset approximately a tenth of the revenue loss projected under the bill.</p>

TPC Releases Macroeconomic Analysis of House GOP Tax Reform Bill

On November 20 the Urban-Brookings Tax Policy Center released a macroeconomic analysis of H.R. 1, the Tax Cuts and Jobs Act, finding that the bill would increase GDP by 0.6 percent in 2018 and 0.2 percent in 2037 and would boost revenues enough to offset approximately a tenth of the revenue loss projected under the bill.