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You are here: Home / Budget & Taxes / The White House May Be Screwing Up Tax Reform

Just dropped · Trial Balloon · Ep. 187

Bad Instincts

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Trial Balloon · Ep. 187: Bad Instincts

The White House May Be Screwing Up Tax Reform

April 22, 2017 at 10:32 am EDT By Taegan Goddard Leave a Comment

Playbook: “Republicans have been promising to repeal and replace Obamacare for almost a decade. But if they jam an Obamacare bill through the House, it could seriously complicate their chances for tax reform. Why? Because they are using reconciliation — a budgetary tool — to gut Obamacare. And if they are successful at passing the repeal with reconciliation, they’d need to pass another budget to allow them to begin tax reform. Do you think passing a 2018 budget will be easy? No. It will be very difficult. And that’s basically the only way for Congress to pass a tax-reform bill. White House insiders say this obvious — and critical — dynamic hasn’t been discussed much.”

“Despite all of that, the White House seems hell bent on trying to push through a health care package when Congress returns. And in a city that rarely can walk and chew gum at the same time, Trump’s decision to announce that he would unveil of his tax plan next week in the middle a government shutdown fight is aggressive, to say the least. At worst, it could hurt his support among Republican lawmakers frustrated by the lack of direction from the White House.”

Filed Under: Budget & Taxes, Health Care

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About Political Wire

Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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