Speaker Johnson: The CBO Sometimes Gets Projections Correct, But They’re Always Off on Economic Growth

RUSH EXCERPT:
JOHNSON: "No. This is very easy to explain. The cbo sometimes gets projections correct, but they are always off when they project economic growth. They underestimate the growth with tax cuts and regulations. When we did this in 2017, the first two years of the Trump Administration, we literally brought about the greatest economy in the history of the world, not just the U.S. because we got the government off the backs of the people who create jobs and allow hardworking Americans to have more money in their pocket to take home. We’re doing that again. Remember, in this big, beautiful bill is there are benefits for everybody, it’s geared for hardworking American, lower and middle income Americans, no tax on ps, no tax on overtime. No tax on loans for products bought in the usa and relief to seniors and Social Security. It will allow everybody to do better and at the same time ensuring the largest amount on savings. No government on earth has saved $1.6 trillion in a piece of legislation, this one does. So when you reduce government spending and you allow people to keep their hard-earned money the economy grows and that’s exactly what will happen."