Tuesday, November 14, 2017

Senate Repubs killed tax reform

WASHINGTON (Reuters) - U.S. Senate Republicans on Tuesday linked repealing a key component of Obamacare to their ambitious tax-cut plan, raising new political risks and uncertainties for the tax measure that financial markets have been monitoring closely for months.
Tax reform is likely DOA, so the Senators just piled on so they could claim the anti-Obamacare vote during re-election.  But tax reform is dead, Dec 8 is the deadline, minus one week for turkey.  They cannot get their act together before Jan 2018, but Jan 2018 is ledger day for the Swamp, low growth while everyone scrapes up their tithing to the king. 

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