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Houston Matters

Will The Tax Overhaul Actually Stimulate The Economy?

Ed Hirs, an economics lecturer at the University of Houston, discusses the new tax legislation, and our local experts discuss the political implications.

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After the first major tax overhaul in more than 30 years passed in Congress, Republican leaders are promising it will stimulate the economy. While the new law would add to the national deficit, the say they’ll fix that issue on the back end by adjusting government spending and solving entitlement issues.

But, will any of that actually happen?

Ed Hirs joins Houston Matters to analyze how the bill might affect the economy. He’s an economics lecturer at the University of Houston.

Then, to discuss the political implications of the legislation, we talk with three of our regular political analysts: Jeremi Suri from the University of Texas, Jay Aiyer from Texas Southern University and co-host of Houston Public Media's Party Politics podcast, and Andrew Schneider, News 88.7's politics and government reporter.