Tax Reform 2.0 was rammed through the House at the literal exact same moment that everyone in America was watching Brett Kavanaugh caper and gibber for the US Senate.
It's a tax gift of $3.1 trillion over ten years, with the major beneficiaries being those with more than $3.9 million in annual income.
The cuts will still have to pass the Senate.
In House debate on the bill, Democrats continued to denounce the existing tax law and new proposal, and repeatedly pounded on their impact on the mounting $21 trillion deficit. The Republicans will seek to fill the hole by cutting deeply into Medicare and Social Security, Democratic lawmakers warned.
"This is all borrowed money that will go to corporations and high-income earners," said Rep. Richard Neal of Massachusetts, the senior Democrat on the Ways and Means Committee. The new legislation "is another reckless tax cut for the wealthy that leaves behind average, hardworking families."
House passes GOP bill to make new tax cuts permanent [AP]
(Image: Jeff Stein/Washington Post]
Trump Town is a Propublica/Columbia Journalism Investigations interactive database of everyone working in the Trump administration; the latest revision reveals that Trump has hired 281 former lobbyists to regulate the industries that used to sign their paychecks.
Earlier this month, we learned that one of the most enduring frustrations of Trump's presidency is that no one will take his suggestion of building a moat filled with man-eating alligators and poisonous snakes along the US border (something he's been talking up for at least 35 years!).
Ben Watson is a reporter for Defenseone, a news site that covers "US defense and National Security" who formerly served in the US Army as a public affairs officer; last week, Watson returned to the USA after an assignment in Denmark, entering the country at Dulles Airport.
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