House Republicans are set to "definitely" roll out their plan to cut taxes for the wealthy on Thursday. This is after the definite roll out for Wednesday was delayed because they’re still fighting over the details of this plan that’s been slapped together behind closed doors. And here’s where they are right now:
After an embarrassing one-day postponement of the bill's unveiling on Wednesday, lawmakers have made plans for a measure that will seek up to $6 trillion in tax cuts over 10 years but likely not spell out completely how to offset them.
At this point, the plan seems to be to offset them by screwing over middle class voters from high-tax states, along with a hit on everyone’s retirement plans. And this must be done in such a way so as to sidestep Senate budget reconciliation rules, which means, making sure Senate Democrats can’t stop this budgetary madness with pesky things like votes.
Stay tuned. And hope that—like they did with their “health care” bill—Republicans fail again.