Republicans Take Credit for Averting Tax Hike in Economic Report

President Donald Trump’s signature One Big Beautiful Bill saved Americans money while opening the door to further “pro-growth” tax policies, congressional Republicans claim in a new report on the economy.

The GOP views in the Joint Economic Committee’s annual report, first shared with Bloomberg Government, offer insight on how the party will sell the megabill to voters ahead of the November election, while rebuffing Democratic attacks.

The bicameral committee, helmed by Rep. David Schweikert (R-Ariz.), reports on the country’s economic condition each year and makes recommendations to Congress for improvements. Established in 1946, the committee is the congressional counterpart ...