White House economic adviser Kevin Hassett issued a defense of President Trump’s $1.5 trillion tax cut on budgetary grounds Friday, arguing that the corporate side of the legislation pays for itself and that the individual tax cuts have bipartisan support.

Hassett noted at a tax policy conference that the corporate side of the overhaul is projected to cut revenue by about $300 billion over 10 years, which he argued was a modest amount for what it accomplished.

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