If passed, Republicans’ sweeping tax and border bill would deliver direct financial relief to Americans and spark strong economic growth, Stephen Miran, chair of the Council of Economic Advisers, said Monday on Newsmax.

Miran pointed to direct family benefits, noting that take-home pay would increase substantially. “Take-home pay for a typical family of four — a family with two kids — is going to go up by about $8,000 to $13,000 over the course of the next few years,” he said.

On the contrary, “it’s absolutely a direct impact on Americans,” Miran said during an appearance on “The Record With Greta Van Susteren.” “If this bill doesn’t pass, it [there] will be a $4 trillion tax hike on Americans, the biggest in history, and almost certainly throw us into a severe recession.”

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