Markets seem to think Trump's economic plan could be better than thought

November 11, 2016 00:52

Donald Trump's economic agenda was widely criticized on the campaign trail as a danger to the American recovery. But now, as the first pieces of his plan begin to take shape, experts say it could actually have the potential to deliver major stimulus.

At the forefront is Trump's call for dramatically lowering the tax rate for individuals and businesses, a move long sought by Republicans. After the election, Senate Majority Leader Mitch McConnell cited tax reform among the priorities for next year.

On Thursday afternoon, Trump had lunch with House Speaker Paul Ryan, who issued his own blueprint for tax reform over the summer.

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