Thus Steven Mnuchin is entirely fair in arguing that this is what he wants to achieve while Treasury Secretary, that 3% GDP growth rate. I certainly think regulatory relief will help although it's not the sort of thing that makes a difference in the short term. Tax reform, well, actually I can think of reforms that really would help us along to the goal but I don't think they're politically viable. That would move us from higher deadweight taxes to lower and the other meaning of that statement is that this would increase economic growth. Mnuchin said the Fed and the CBO aren’t “missing anything” in their projections of roughly 1.8 percent economic growth.

Source: Forbes February 23, 2017 14:48 UTC