A Big Decision Awaits Democrats on Spending

The following post for members is by David T.S. Jonas, who most recently served as policy director for Tom Perriello’s (D) campaign for Virginia Governor.

2017 has come and gone, and with control of Congress and the White House, Republicans produced just one major legislative victory: the Trump tax cuts. What started off as an effort to reform our Swiss-cheese brick of a tax code became a complete caricature of itself by the time the bill finally passed. The tax code got more complicated, it became even easier for already-successful companies and wealthy individuals to selectively lower their returns, and most incredibly of all, the entire effort was deficit-financed to the tune of around $2 trillion.