I'll make three points on that. First, as for the quantum for the portions that are in the bill in terms of accelerating through the productivity superdeduction, it's about $17 billion in reduction in taxes. Those are accelerated tax reductions. Eventually they unwind, but in terms of the budget horizon, it's about $17 billion. That affects about 500,000 firms throughout the economy.
The budget provided the impact this would have for crowding-in capital investment. The estimate is that it would generate economic output of up to $9 billion annually over the next 10 years. This is for that one.
