House tax plan would boost economic output but increase debt

The nonpartisan Tax Policy Center has analyzed the economic impacts of the GOP tax plan passed last week by the House.

By the numbers: It would boost economic output by 0.6% of GDP in 2018, 0.3% in 2027 and 0.2% in 2037. It would increase debt as a share of GDP by 5% in 2027 and 9% in 2037.