What exactly are Republicans planning to do other the next months? I mean, aside from holding more Email Hearings and leaving town early to campaign, do they have any other plans?
According to House Republican leaders, they intend to move another deficit-financed tax cut bill when they return from recess in September.
House tax committee Chairman Kevin Brady says his panel and the White House are considering a measure that would make permanent $1.1 trillion in tax cuts that were approved on a temporary basis in December for individuals, families and private businesses. The cuts are set to expire in 2025.
Brady, of Texas, says he aims to unveil a proposal before Congress departs Washington on July 26 for a summer campaigning break. He says he expects the House to vote on the measure before the Nov. 6 congressional elections.
Republicans can name-drop "individuals, families, and private businesses," but the overwhelming majority of their tax cuts were directed toward businesses, not families. The amount of money we've handed over to families is a pittance compared to the hundreds of billions in annual tax cuts we've handed over to corporations and businesses.
Average American families who actually saw some meager benefits from the tax cuts have already seen those benefits erased by the rising cost of living. Some families in certain states have also seen their taxes go up, not down.
Making these tax cuts permanent would be another budget-busting giveaway to the rich, not average families who make less than $56,000 per year.
I honestly don't know if it's good or bad news that Congress will leave Washington on the 26th and won't return until September. It will be good news if Trump follows their lead and fucks off to his golf course for a month.
When the bill comes due for this era of Republican government, it's going to make the Bush administration look like true fiscal conservatives.