Paul Ryan: “I want to point out also the score the gentleman mentioned, the revenue cost that is assumed by the Congressional Budget…”

“I want to point out also the score the gentleman mentioned, the revenue cost that is assumed by the Congressional Budget Office. What is interesting about that score is not so much that it is $374 billion out of a surplus of $2.3 trillion. It is that that is the most dour and pessimistic, conservative score anybody could come up with, because that score assumes that people will not change their behavior when their taxes are cut. That score denies the assumption that if we lock in permanency we are going to unleash a lot of investment out there. When we lock in certainty to the small American businessman and businesswoman and entrepreneur, that, yes, this tax law is permanent and now you can move on with certainty to expand your job and invest, that we are going to get positive economic growth out of that, I believe that the economic positive benefits we are going to get out of this bill will more than make up for a lot of the revenue costs we are assuming. They assume no one makes a change if their taxes are changed. They assume no positive economic growth is derived from a lowering of marginal income tax rates or repeal of the estate tax. They just assume it is a loss of revenue to the government.”