Former CBO Director: GOP Tax Plan Will Give Americans a Raise Former CBO Director: GOP Tax Plan Will Give Americans a Raise – NTK Network

Former CBO Director: GOP Tax Plan Will Give Americans a Raise

Douglas Holtz-Eakin told MSNBC that tax reform would help the middle class.

By NTK Staff | 12.14.2017 @12:04pm

Douglas Holtz-Eakin, a former director of the Congressional Budget Office, told MSNBC on Thursday that the Republican tax plan would give the American people a raise when it is passed.

“Last year, 2016, families who worked full time, full year, got exactly zero increase in their real income,” Holtz-Eakin, now the president of American Action Forum (AAF), said to MSNBC’s Hallie Jackson.

He explained that the labor market has been unable to help Americans make more money, and the GOP tax plan would incentivize American businesses to reinvest in America.

“That’s where you get real wages,” the AAF president said. Holtz-Eakin told Jackson that America needed to get back to the years when the standard of living “doubled every 35 years.”

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