CNBC: Tax cuts pushed Fed to raise economic forecast, meeting minutes show

1 trillion being added to the debt for a temporary 0.4 percent increase in GDP?

This is why Conservative states have to mooch off Blue states to even survive.

You’re right. These two guys don’t understand what a cost benefit analysis is. When you factor in the deficit and interest for such a small amount of growth it’s not worth it.

A targeted tax cut toward the working class through a reduced payroll tax and a flattening of the corporate tax would have been much more effective. This tax bill was a sham to pay off the wealthy. A perfect example is that carried interest stayed. A simple move of taxing carried interest on gains over one million per year would have paid for a massive middle class tax cut on its own.
 
I would be extremely careful about using the Federal Reserve as an indicator of future economic expansion based on their questionable forecasting abilities.
 
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