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Ok, coming off the healthcare defeat, this seems like the next big ticket item on the GOP's legislative agenda. I could see several possible outcomes.
1: Nothing changes. Same as healthcare. No agreement can be found.
2: No Reform, Big Tax Cuts, Big Deficit: I think this is most likely. They fail on reforms and just decide to do the one thing they can all agree on, cut taxes. Of course, that will likely lead to a huge deficit.
3: Big Reform: Trump gets most of what he wants and pushes some infrastructure funding in there as well. National debt goes up big time but he fulfills one campaign pledge.
4:Trump betrays the working class: Trump compromises and strips everything from tax reform that may help the working class voters who voted for him. This seems the second most likely option.
Thoughts?
One more thought, as one as to what I think the Trump admin and Republican congress would be wise to do.
Skip taxes, what you are trying to do will likely sink like the HC fiasco.
Go for infrastructure. Go big. You will need to figure out a way to get members on board and that will be difficult w/o earmarks. Unlike your HC idea, everyone except the "freedom" caucus knows it's necessary, and done right it can create jobs. Forget that right flank and bridge the gap with some dem support. Let Trump try being master negotiator with something most aren't going to reject from the get-go. If he does and fails, let's get William Shatner to try his skills. Those "negotiator" commercials were funny.