NEW STUDY: Dems’ bill will reduce economic output, eliminate jobs

The Tax Foundation is out with a new analysis that shows despite Democrats’ promises, their socialist spending spree won’t “build back better” at all.  

The analysis found the bill “would reduce long-run economic output by nearly 0.4 percent and eliminate about 103,000 full-time equivalent jobs in the United States. It would also reduce average after-tax incomes for the top 80 percent of taxpayers over the long run.”

NRCC COMMENT: “Prices are up, paychecks are down, and Democrats want to pass a socialist spending spree that places an even heavier burden on American families.” – NRCC Spokeswoman Torunn Sinclair