Donald Trump Bails On Tax Reform

Martha Soukup via Flickr

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After promising for months during the 2016 campaign that reforming health care would be “so easy,” Donald Trump decided to punt the whole thing to Congress after he took office. Unsurprisingly, it turned out he didn’t have a plan and had no clue about how to put one together. Long story short, health care failed and Trump promised that he wouldn’t make that mistake again. When it came time for tax reform, the White House would take the lead. So how’s that going?

Treasury Secretary Steven Mnuchin said during a July interview on ABC that the objective was to have “a full-blown release of the plan” in the beginning of September. Then, a White House official said earlier this month that September would see the release of a new tax document that would provide at least some additional detail.

And now?

Republican congressional leaders don’t expect to release a joint tax plan with the White House next month, and they’ll rely instead on House and Senate tax-writing committees to solve the big tax questions that remain unanswered, according to two people familiar with the matter.

Really?

Apparently the Trumpies are learning for the first time that when you put together a complex piece of legislation, lots of people will have lots of different goals. And once you put words down on paper, at least some of those people are going to be pissed. And to make it even worse, you have to make the sums add up. And you have to follow legislative rules. And no, the opposition party is not going to bail you out if you refuse to consider any of their priorities.

Policy is hard! Really, isn’t it better to just let Congress do the work so that you can complain later when it fails?

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WE'LL BE BLUNT

It is astonishingly hard keeping a newsroom afloat these days, and we need to raise $253,000 in online donations quickly, by October 7.

The short of it: Last year, we had to cut $1 million from our budget so we could have any chance of breaking even by the time our fiscal year ended in June. And despite a huge rally from so many of you leading up to the deadline, we still came up a bit short on the whole. We can’t let that happen again. We have no wiggle room to begin with, and now we have a hole to dig out of.

Readers also told us to just give it to you straight when we need to ask for your support, and seeing how matter-of-factly explaining our inner workings, our challenges and finances, can bring more of you in has been a real silver lining. So our online membership lead, Brian, lays it all out for you in his personal, insider account (that literally puts his skin in the game!) of how urgent things are right now.

The upshot: Being able to rally $253,000 in donations over these next few weeks is vitally important simply because it is the number that keeps us right on track, helping make sure we don't end up with a bigger gap than can be filled again, helping us avoid any significant (and knowable) cash-flow crunches for now. We used to be more nonchalant about coming up short this time of year, thinking we can make it by the time June rolls around. Not anymore.

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Getting just 10 percent of the people who care enough about our work to be reading this blurb to part with a few bucks would be utterly transformative for us, and that's very much what we need to keep charging hard in this financially uncertain, high-stakes year.

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