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Trump says his economic policies will get U.S. to 3% growth

Trump thumbs up.
President Trump. Photo: Tasos Katopodis / Getty Images

President Trump's Council of Economic Advisers said today the U.S. economy could grow 3% per year with the "full implementation of the Administration's agenda," the Associated Press reports. Without the new policies, like an infrastructure bill and more regulation cuts, growth will be around 2.2% over the next decade.

Why it matters: Since 2000 the U.S. economy has averaged growth of less than 2% and only 6 presidents of the past 11 have seen economic growth averaging above 3%, according to CNBC.

Go deeper: CNBC's chart of average growth rates for every president since Eisenhower.

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