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In Major Victory For Trump, Senate Passes “Sweeping” Tax Bill Which Nobody Read: Here’s What’s In It

Shortly before 2am on Saturday, the Senate passed “the most sweeping rewrite of the U.S. tax code in three decades, slashing the corporate tax rate and providing temporary tax-rate cuts for most Americans” handing Republicans a badly needed legislative and political victory. Senators voted across party lines in a 51-49 vote, ending days of debate […]


GOP Releases All 479 Pages Of The Tax Reform Bill – “Vote-A-Rama” Begins

The Senate tax bill is headed for a potentially unlimited series of decisions on possible amendments – known as “vote-a-rama” – as the full text of the revised bill has just been released. As Bloomberg reports, it’s unclear how long that process might take, though we do note that unlike Obamacare, Senators will at least […]


Futures Surge As Johnson, Daines Greenlight Tax Bill

After a planned series of votes on the Trump tax plan were called off last night, GOP senators were scrambling to assuage the concerns of Republican holdouts who suddenly decided that the tax bill would blow out the deficit after one proposal – a so-called “trigger” that would automatically raise taxes if revenue targets aren’t […]


In Critical Test Of Tax Reform Bill, Senate Narrowly Approves Motion To Start Debate With 52-48 Vote

Update (5:55PM EST): After a full day of debating the GOP tax reform bill, the Senate has now approved a motion to…drum roll please…debate the GOP tax reform bill.  As we detailed below, this was the first big test for the GOP’s tax bill before the entire Senate and it narrowly passed with a vote […]


GOP “Lovefest” Or McCain Mayhem: Crucial Procedural Vote On Senate Tax Bill Expected Later Today

Update (3:15PM EST): Senator Lisa Murkowski (R-AK), who was a key swing vote against several Obamacare repeal and replace bills earlier this year, has confirmed that she will vote in favor on the Senate’s tax bill. Alaska’s Sen. @lisamurkowski will vote YES on the GOP tax bill, her office tells me. — Garrett Haake (@GarrettHaake) […]


David Stockman Slams The GOP Tax Bill: “Fuggedaboutit!!”

Authored by David Stockman via Contra Corner blog, The GOP has become so politically desperate that they might as well enact a two-word statute and be done with it. It would simply read: Tax Bill! Actually, that's not far from where they are in the great scheme of things. The Senate Finance Committee's bill is a dog's breakfast […]


Obamacare Set To Drive New Wave Of Hospital Bankruptcies

Back in 2008, one of the biggest arguments in favor of Obamacare was that the legislation would help alleviate bad debt at hospitals created by people who required emergency care but didn’t have health insurance or the financial means to cover their treatment.  Of course, like most promises made about Obamacare, the exact opposite of […]


Top Democrats “Abruptly” Pull Out Of White House Meeting After Trump Twitter Attack

Following this morning’s tweet, in which Trump said that he was meeting with top Democrats Chuck Schumer and Nancy Pelosi to keep the government open, but because “they want illegal immigrants flooding into our Country unchecked”, he “doesn’t see a deal“, and which sent the T-Bill market turmoiling as mid-December government shutdown odds surged, moments […]


“Make Or Break”: Senators Push For Sweeping Changes To Tax Bill As GOP Leaders Struggle To Vote It Out Of Committee

With roughly 14 sessions of Congress left before the New Year break, the GOP’s chances of passing comprehensive tax reform by the end of the year – as the White House has promised to do – are looking increasingly remote. So far, the biggest obstacle – as with the Republicans disastrous failure to repeal and […]


Congress Is Bracing For A “Nightmare” December

Since President Donald Trump took office in January, the GOP Congressional leadership has repeatedly failed to corral the votes needed to transform the president’s legislative agenda into law, largely thanks to the Republicans’ razor-thin majority in the senate, which has bred factionalism and encouraged senators to play hardball to try and strong-arm the leadership into […]


In Win For White House, Rand Paul Says He Will Vote ‘Yes’ On Tax Reform

In a surprising reversal that President Donald Trump will undoubtedly tout as a major victory, Kentucky Senator Rand Paul has publicly confirmed that he will be voting ‘Yes’ on the GOP tax plan when the senate votes on it later this week. Paul says he will vote ‘yes’ even though the tax overhaul “isn’t perfect” […]


This Obamacare Enrollment Assistance Group Got $200,000 In Federal Funds, Enrolled 1 Person

Earlier this summer, congressional democrats lost their collective minds when the Trump administration announced plans to cut Obamacare’s marketing budget from $100 million down to $10 million (see: Democrats Furious After Trump Announces 90% Cut To Obamacare Marketing Funds).  Here was Chuck Schumer’s response: Sen. Schumer: “The Trump administration is deliberately attempting to sabotage our […]


“Helpless, Raging” Charlottesville Families Shocked By These 2018 Obamacare Premiums…”It’s Horrific”

Over the past several months, Democrats have jumped on every opportunity possible to blame the Trump administration for yet another year of staggering Obamacare premium increases.  Ironically, despite arguments from the Left that Trump’s defunding of Obamacare’s marketing budget would cause 2018 signups to plunge, as Politico recently noted, they’re actually up in 2018…which begs […]


How Tax Reform Can Still Blow Up: A Side-By-Side Comparison Of The House And Senate Tax Plans

To much fanfare, mostly out of president Trump, on Thursday the House passed their version of the tax bill 227-205 along party lines, with 13 Republicans opposing. The passage of the House bill was met with muted market reaction. The Senate version of the tax reform is currently going through the Senate Finance Committee for […]


House Set To Pass GOP Tax-Reform This Afternoon

Last night, Sen. Ron Johnson surprised the GOP Senate leadership by coming out against the republican tax plan "in its current form", the latest sign that the Republican push to pass comprehensive tax reform by New Year’s will struggle in the Senate. Still, that won’t stop the more Trump-friendly House of Representatives from passing their […]