The GOP’s Budget Bill Will Pass in Spite of Itself
If Republicans want to have anything to show voters ahead of the midterms, the reconciliation bill is their best shot.
Ready to get it done.
Photographer: Anna Moneymaker/Getty Images North America“Will it pass?” a Republican donor and occasional source from New York asked me, referring to the sweeping $2.5 trillion reconciliation package of tax cuts and fresh spending priorities working its way through Congress.
I’ve been getting that question a lot lately. Mostly, I hear from interested political observers who work in business or, like my donor-source, finance. Either way, they’re trying to game out future tax and regulatory policy and figure out the impact on the markets, their industry, their clients. So, what do I tell them? From the very beginning, my answer has been the same: “Eventually, it will pass.”