Republicans are ‘never’ going to repeal Obamacare.–John Boehner, Jul 25, 2017
Republicans have talked tax reform for years, but still can’t agree on how. They want to cut taxes for wealthy individuals and corporations, but they can’t do that without busting the budget. They can’t pass a budget busting bill using reconciliation, which is the same as saying they can’t pass it. Reportedly only 30% favor Republican tax reform ideas–they are unpopular with the people. Yet they have raised expectations reflected in the stock market. When they fail, investors will be disappointed. They have once again painted themselves in a corner.