Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction:
identify whether following news is true or not

Input:
Economic growth to partially offset deficit impact of U.S. tax plan: JCT;WASHINGTON (Reuters) - The Republican tax bill would generate a net $407 billion in new revenue from economic growth, reducing the amount that the legislation would add to the federal deficit, the nonpartisan Joint Committee on Taxation said on Thursday.;November 30, 2017

### Response:
True news

### End