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Published: Tue, April 18, 2017
Economy | By Melissa Porter

Dems unified in opposition to Trump, but what comes next?

Dems unified in opposition to Trump, but what comes next?

The Trump team, continued Donovan, seems to believe "they can shrink government and/or limit internal sabotage by simply not filling many of these positions-the problem with this approach is that you're just dividing the same amount of power fewer ways, ceding a ton of it to career bureaucrats by default, for better or worse".

Finally, how much would Trump personally benefit from his proposed tax overhaul?

Sen. John ThuneJohn ThuneNorquist warns GOP: Don't link taxes, infrastructure Bipartisan group demands answers on United incident Senators fight to defend rural air service from Trump budget cuts MORE (R-S.D.), chairman of the Commerce, Science and Transportation Committee and the Senate's No. 3 Republican, said a combined package would provide each party an incentive to support something they may otherwise oppose. "President Trump and Republicans need to stop howling at the moon over the Affordable Care Act and work with Democrats to keep government open and follow the regular order of the House".

"I don't think they have a lot of time to waste starting over", says Kenneth Kies, a veteran tax lobbyist whose clients include Pfizer, Anheuser-Busch and Caterpillar. I want to do it first to really do it right'.

White House Press secretary Sean Spicer said Monday that Trump's financial disclosures are more revealing than his tax returns and that middle class people are more concerned with their own tax bills than with seeing Trump's taxes. Rather than accepting a bill written by the lawmakers, White House officials are taking a more active role.

Trump had three major economic priorities that he wanted to push through Congress this year, and all are off to rocky starts. Their bill to overhaul the health care system collapsed on the House floor last month, amid divisions in the caucus.

To begin with, cutting taxes for the rich is expected to lead to the slashing of social programs, from education to Medicare to Social Security, that middle and lower income people depend on. Thanks to an anonymous source who mailed his 1995 tax returns to the New York Times and a report from Rachel Maddow on the 2005 returns, the American public has only been able to learn that Trump could have been able to avoid filing taxes for up to 18 years but that he did pay federal income taxes and the "alternative minimum tax" in 2005. Because measures passed through reconciliation aren't subject to the Senate filibuster, this route wouldn't require any cooperation from Democrats.

Though Trump reportedly had an existing tax plan blueprint, economists pointed out that the plan would do more harm than good to the federal deficit.

On a Monday conference call, members of the caucus discussed a pair of tweaks to the bill that they concluded could possibly win their support: One would slightly modify a previous proposal to allow states to apply for waivers from Affordable Care Act insurance mandates, making clear that insurers could not price their products based on a person's health but could use other factors not now allowed under the ACA.

"There is the overall momentum", Mulvaney said.

"I don't think you want to destabilize the market until you have something to replace it with", Rep. Tom Cole, R-Oklahoma, a member of the House Appropriations Committee, said in an interview. They were delighted by Trump's strike on Syria. But the border adjustment tax was opposed by strong interests within us business community.

The president added, "I'm my own strategist and it wasn't like I was going to change strategies because I was facing crooked Hillary", referring to general election opponent Hillary Clinton. "I don't like the word adjustment, because our country gets taken advantage of, to use a nice term, by every other country in the world". Because of serious questions about your associates' links to Russian businesses and to Russian officials as well as concerns about your personal stake in tax reform, you are facing skepticism that threatens your ability to get things done.

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