Sentences with phrase «additional economic growth»

More likely, tax cuts may generate enough additional economic growth to replace a small share of the revenue loss.

WHAT THEY DID: An earlier version of the Senate plan would increase deficits by roughly $ 1 trillion over 10 years, even when taking into account additional economic growth forecast with the tax cuts, the Joint Committee on Taxation said last week.

As fiscal stimulus begins to run through the U.S. economy, it will fuel additional economic growth, which likely will increase inflation.

The Bush administration had claimed, using the Laffer Curve, that the tax cuts actually paid for themselves by generating enough extra revenue from additional economic growth to offset the lower taxation rates.

Specifically, Cutting the Cost: The Economic Benefits of Collaborative Climate Action says that ambitious efforts to reduce emissions will: 1) create as many as 10 million new jobs by 2020; 2) Generate additional economic growth worth as much as recent green stimulus efforts already adopted; 3) enable a 15-fold reduction in the price of carbon (from $ 65 per ton to $ 4 per ton); 4) assist in sustainable development in developing nations if low - carbon technologies are adopted.