Washington [is] a lot more broken than President Trump thought that it was.SÃO PAULO, BRAZIL – On Friday, the much-hyped Trump/GOP Obamacare reform sank into the swamp.
— White House Budget Director Mick Mulvaney
If anything keeps us from national bankruptcy, it won’t be entitlement reform.
Not under Donald J. Trump.
Next up, tax reform.
Swamp BattleHere again, readers are advised not to hold their breath.
The same slimy swamp battles – with politicos, insiders, GOP rival factions, and President Trump himself all snapping at each other’s tails – will probably kill any serious reform.
Besides, there’s a deeper problem. Tax “reform” or tax “cuts” are useless unless spending is also cut.
Otherwise, they just shift the burden from one taxpayer to another… or from taxpayers to consumers… or from targeted tax victims to the general public.