ST Alpha - ""At the center of the problem were questions about how to pay for the proposed $5.5 trillion in tax cuts"" (Reading a Post)

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In response to ""Some details of the bill started leaking out Tuesday" -- (link)" by ty97

"At the center of the problem were questions about how to pay for the proposed $5.5 trillion in tax cuts"

Posted by ty97 Oct 31 '17, 18:30

oh, that minor detail

Responses:

republicans don't care. they spend more than dems and tax less. -- nm - mafic Oct 31, 18:35 2
- They only have $1.5T of budgetary authority and it has to balance after 10 years due to Senate rules. - spamlet Oct 31, 18:36 1
  - I have no doubt they'll kick that can down the road and make it someone else's problem. then they can blame the likely dem congress for raising taxes. -- nm - mafic Oct 31, 18:40
Which is always the problem. - spamlet Oct 31, 18:33 4
- I expect we'll see something like 10-year tax cuts (a la Bush) as the only thing they can push through, if anything. -- nm - ty97 Oct 31, 18:35 3
  - I would imagine that's the backup plan. They've already floated phasing in cuts. - spamlet Oct 31, 18:37 2
    - This definitely isn't what they want to do, I'm just thinking if all else fails, and they want to have a 'success', any 'success' - ty97 Oct 31, 18:42 1
      - Yup. They need something to show to voters. -- nm - spamlet Oct 31, 18:44

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