Tax Reform is Following the Obamacare Repeal Path to Implosion
With all the furor Steve Bannon has created over Mitch McConnell, it’s sometimes easy to forget how badly Paul Ryan screwed up his end of things during the Obamacare repeal. His mishandling of the writing of the bill caused a massive setback in the prospects for passing the House bill, delaying passage until May 4. Even then, it only passed by a very slim margin.
Ryan has learned nothing and is, similar to the Obamacare fiasco, again writing the bill in secret, which almost guarantees that it’s going to be a bad bill filled with stuff conservatives aren’t going to like. My personal guess is the bill will contain major tax increases aimed directly at Trump’s constituents.
Tax reform as already dead as nothing will be allowed to pass the Senate, but now it looks like it might not even pass the House given that Ryan isn’t bright enough to stop making the same mistakes:
Rank-and-file House Republicans are increasingly alarmed by the secrecy shrouding the massive tax bill their party leaders plan to ram through Congress next month.
Just days ahead of the legislation’s release, GOP members of the House Ways and Means Committee are still in the dark on numerous details being ironed out by the powerful tax-writing committee’s chairman, Kevin Brady (R-Texas), and his staff. And they’re blaming the panel’s top-down approach for the uncertainty.
“There are a lot of open issues,” said Rep. Jim Renacci (R-Ohio), echoing comments made by several of his colleagues on the committee.
Heading into the weekend, question marks remained on at least two high-profile proposals to offset the cost of slashing individual and business tax rates: curbing federal deductions for state and local taxes and business interest as well as potential changes to taxing retirement savings.
The uneasy feeling among members extends to their tax aides, who’ve been excluded from a recent series of hours-long member meetings with Brady and his tax counsels.
Several personal office tax staffers to committee Republicans indicated that they’re grappling with how to brace their bosses for the coming lobbyist wave. Well-funded special interests are ready to pounce on the tax bill when Brady brings it out Nov. 1; aides are worried about the onslaught, particularly over any surprises in the legislation.
“You could potentially see some bombs in there,” one aide said.
Ryan has made a mockery of the legislative process, writing major bills in secret and then trying to ram them down everyone’s throat before anyone can even read the product. He’s an incompetent and corrupt leader and needs to be removed as soon as possible.