Passing FY 2018 Senate budget has "some eerie parallels" to health care, as no Democrats will vote for the budget; Sen. Rand Paul is expected to vote no because it doesn’t cut spending fast enough; Sen. John McCain also sounds like a no as it doesn’t repeal sequester, which disproportionately hits the Pentagon.
That means GOP can only afford one more defection, with Corker, a deficit hawk, engaging in "one of the more surreal public correspondence exchanges in recent memory" days after saying Secretary of State Rex Tillerson, Defense Secretary Jim Mattis and White House Chief of Staff John Kelly help keep U.S. from chaos....
… if indeed Trump tax reform is dead - again - a sharp market turnaround may be imminent.
Zero Hedge
After "Surreal" Feud Between Trump And Corker, "Tax Reform Is Dead. Full Stop": Cowen
Tyler Durden
1 comment:
Translation:
"If you don't give us more tax breaks we will crash the economy."
Post a Comment