Did the 2017 tax cut—the Tax Cuts and Jobs Act—pay for itself?

House Majority Leader Rep. Kevin McCarthy (R-CA) speaks at news conference announcing the passage of the "Tax Cuts and Jobs Act" at the U.S. Capitol in Washington, U.S., November 16, 2017. REUTERS/Aaron P. Bernstein

William Gale disproves a popular mischaracterization of the 2017 Tax Cuts and Jobs Act.

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