• Brady Expects Economic Growth to Offset Initial Deficit Increase
  • August 18, 2017
  • Speaking at the Reagan Ranch on Wednesday, August 16, 2017, Chairman of the Ways and Means Committee Kevin Brady announced that the GOP tax reform plan could significantly add to the deficit during the first few years of implementation, but that resultant economic growth would eventually offset any adverse effects. While light on specific details, Chairman Brady mentioned that House Republicans were working with their Democratic counterparts to find common ground for tax reform. A full video of the speech may be found here.

    GOP Chairman: Tax reform could increase deficit