Can Republicans Defend Tax Reform After It Becomes Law?
Congress passed the largest overhaul to the American tax code in over three decades. If and when President Trump signs it into law, will Republicans be able to defend the bill, given its low national approval ratings?
Nick Givas, Media Reporter at The Daily Caller, and Nate Lerner, Executive Director at the Democratic Coalition, discuss the uphill battle Republicans face selling tax reform in time for the 2018 midterm elections. Lerner says it's the same problem that Democrats faced after passing passing the Affordable Health Care Act.
Givas and Lerner also discuss whether President Trump signs the tax bill into law before the New Year. If the bill is signed before the holidays, then it will cause immediate cuts to programs like Medicare thanks to the Reagan-era Paygo law. It forces the federal government to make major cuts to programs when Congress passes a law that will cause national debt to rise.
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At some 940-pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, including new money for national defense and deportations.
