Trump Calls on Congress to Pass the Largest Tax Cut in U.S. History, Claims Short-term GDP Growth of 3.3 to 3.8%

According to a report by Jinse Finance, an official announcement from the White House states that President Trump has once again urged Congress to pass a "big and beautiful bill," which is the largest tax cut measure in U.S. history. After the bill is passed, it is expected that: In the short term, the actual GDP will grow by 3.3 to 3.8%, and in the long term, the actual GDP will grow by 2.6 to 3.2%; Real wages will increase by $3,300 annually; Middle-class family income will increase by $5,000 annually; 4.1 million new jobs will be created.