GOP Tax Cuts Are Driven by Politics, Not Economics

Congressional Republicans have convinced themselves that they need to pass a tax bill ASAP. Having failed to repeal and replace Obamacare and made little if any progress on either a border wall or a major infrastructure program—President Trump’s two other stated objectives for the year—they don’t want to head into the midterm-election year empty-handed.

There’s no question that the Republican majority in the House is teetering on the edge, and in the Senate it’s unclear whether the GOP will be scoring a net gain, suffering a loss, or coming away with a wash next year. CONT.

Charlie Cook