By Steve Brawner
This column was going to argue that Hurricane Harvey federal recovery aid should be funded through spending cuts elsewhere or through a special tax rather than increased deficit spending. Then a Houston-based Facebook friend pleaded for a cease-fire to all Harvey-related political talk, particularly by those of us sitting high and dry.
Point taken. Harvey is the only story that matters right now, but this week that story is about rescue, relief and resilience.
So we’ll fill this space on the opinion page with something else until a discussion about how to fund the recovery is more appropriate.
President Trump’s tax speech
President Trump Wednesday kicked off his legislative effort to reform the nation’s tax laws. In a speech at Springfield, Missouri, he outlined his goals broadly: a simpler, more competitive tax code; lower taxes for businesses and the middle class; and bringing corporate profits back from overseas.
Republicans know they must pass something big, considering voters have given them control over everything. When Democrats were similarly situated in 2009-10, they passed Obamacare. But Republicans have already whiffed on that.
Continue reading Tax reform storms →