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Tax Plan Seen Boosting U.S. Growth a Bit While Denting Housing
Bloomberg, Nov. 7, 2017–Steve Matthews, Catarina Saraiva
President Donald Trump’s planned tax overhaul is likely to boost U.S. economic growth by about a quarter percentage point in 2018, yet it will also dent demand for housing and fail to lower the chances of a recession, according to a Bloomberg News survey.