FEDERALhearing transcript

House Budget Committee Hearing: Economic Growth Policies

Original title: THE ECONOMIC AND FISCAL BENEFITS OF PRO-GROWTH POLICIES

January 1, 2019

economic policy federal budget labor force economic growth tax policy regulatory policy

Track this bill to get notified when it advances a stage. One tap to stop, anytime.

The Frame

What this does

The hearing served as a foundational discussion for the 2018 federal , setting the stage for legislative debates on tax reform, regulatory changes, and government spending priorities.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

U.S. Taxpayers

Federal economic and fiscal policies discussed in the hearing influence national tax rates, government services, and overall economic conditions.

Small Business Owners

Regulatory and tax policies discussed by the committee impact the operational costs and growth potential of small businesses.

What changed

Last recorded activity January 1, 2019.

What's next

Next step not available in the current record.

Summary

This document is a transcript of a June 7, 2017, House Budget Committee hearing regarding the economic and fiscal impact of 'pro-growth' policies. The committee discussed historical economic growth projections, labor force participation rates, and the potential impact of tax, regulatory, and spending policies on the U.S. economy.

Key Facts

The hearing was held on June 7, 2017, in Washington, D.C.
The Congressional Budget Office (CBO) projected an average economic growth rate of 1.9 percent over the 10-year period following 2017.
In 2012, the CBO had projected an average economic growth rate of 3 percent over a 10-year window.
Chairman Black stated that 95 million Americans were out of the labor force at the time of the hearing.
Chairman Black stated that 14 million Americans left the labor workforce during the Obama administration.
The hearing was conducted to prepare for the release of the 2018 federal budget resolution.

Frequently Asked Questions

What was the purpose of this hearing?

The hearing was held to gather expert testimony on economic and fiscal policies to inform the development of the 2018 federal .

Who testified at the hearing?

The witnesses included Douglas J. Holtz-Eakin (American Action Forum), Jason Furman (Peterson Institute for International Economics), and John W. Diamond (Rice University's Baker Institute).

Why It Matters

The hearing served as a foundational discussion for the 2018 federal , setting the stage for legislative debates on tax reform, regulatory changes, and government spending priorities.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift100% confidence

Shift in Economic Growth Projections

The committee highlighted a significant downward revision in CBO growth projections from 3% in 2012 to 1.9% in 2017.

Congressional Budget Office

Connected Entities

personDouglas J. Holtz-Eakin“Witness, President of the American Action Forum”Map →

organizationCongressional Budget Office“Federal agency providing economic projections”Map →

personJohn W. Diamond“Witness, Fellow at Rice University's Baker Institute”Map →

personJason Furman“Witness, Senior Fellow at the Peterson Institute for International Economics”Map →

personJohn A. Yarmuth“Ranking Minority Member of the House Committee on the Budget”Map →

personDiane Black“Chairman of the House Committee on the Budget”Map →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100

Significance60
How much this matters to a regular citizen
Controversy50
Intensity of disagreement among stakeholders
Entertainment10
Compellingness for a non-policy-wonk reader
Buzz10
Current news / social attention level

Publisher tools