"michael anderson" wrote
> Tax cuts can and will get done without healthcare reform.
Healthcare reform was supposed to save money. The money
saved would be used for tax cuts. No healthcare reform, smaller
tax cuts. That's one reason they did it first.
Everyone loves tax cuts - as long as it doesn't explode the
deficit. So they needed to find places to cut spending. One
of those places was lowering long-term spending on Medicare.
That's failed, so there's billions of dollars that can't be moved
to tax cuts.
They'll get some money from saying the tax cuts will increase
economic activity. But the vast majority of spending is on
Medicare/Medicaid (now untouchable), defense (going up, so
not only untouchable but another reduction in the money that
could be used for tax cuts), and Social Security (untouchable.)
So, yeah, they'll get tax cuts - mostly corporate, though shifting
the type of taxes levied (border adjustments, etc.) And they'll
get rid of the estate tax.