Tag Archives: President Trump

The Tax Bill Needs Follow-On Spending Cuts

Compromise

Although a tax cut may have been a nice Christmas gift, it needs some follow-on spending cuts to work.  At best, Republicans have eaten their dessert first, waiting to eat their spending cut vegetables later; at worst, they will have increased the federal deficit by another trillion dollars or more.

 

By most estimates, even stimulating economic growth will not fully pay for the tax cut.  Republicans will now have to undertake the politically courageous step of cutting federal spending.

 

It will be difficult to make spending cuts without touching Medicare or Social Security, which President Trump has said are off limits. Meanwhile there is pressure to undo the sequester, automatic cuts on spending no one liked, but which have at least kept spending growth down.

 

Ideally, Republicans would have disciplined themselves to do tax and spending cuts at the same time. Tax cuts may come and go, but the federal debt remains forever, it seems. And—without spending cuts—it grows.

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Trump’s First Year

Opioids Tariffs

Townhall Review – December 30, 2017

Hugh Hewitt invites Deputy National Security Director Nadia Schadlow, one of the principle architects of the recently released National Security Strategy document, to share some of the details surrounding this very important document. Dennis Prager identifies the opponents of the tax reform that was signed into law by President Trump. Hugh Hewitt turns to Senator Pat Toomey, who serves on the Senate Finance Committee, to share how this tax legislation will affect Americans.  Guy Benson shares with Mike Gallagher President Trump’s list of first-year accomplishments, including the “unheralded decimation of ISIS.” Dennis Prager shares from Ross Douthat’s New York Times article that exposes the media’s shameful lack of coverage of this victory over ISIS. Michael Medved unfurrels more of the Russian conspiracy and collusion, this time involving Green Party Presidential Candidate Dr. Jill SteinHillsdale President Larry Arnn shares with Hugh Hewitt the history behind “Darkest Hour,” a film about Sir Winston Churchill’s leadership and victory against Nazi Germany. Wrapping up the show, Michael Farris, CEO of Alliance Defending Freedom, sits in with Hugh Hewitt to talk about the Masterpiece Cake Shop case, one of the key religious liberty cases in our generation.

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Michael Medved: Hanukkah Affirms History Over Fantasy

Opioid

During the eight-day festival of Hanukkah, it’s worthwhile to connect the holiday to recent controversies surrounding Jerusalem. The joyous holiday celebrates the purification and re-dedication of Jerusalem’s Second Temple in 164 BC, but today the official Palestinian position denies that this Temple ever even existed. That absurd notion not only contradicts hundreds of references in both Old and New Testaments, but also goes against incontrovertible historical and archaeological evidence.

This unbending extremism under-girds Palestinian insistence that Jewish people have no valid claims to any portion of Jerusalem—and their furious reaction to President Trump’s recognition of the Holy City as Israel’s capital. Neither the Trump administration nor the Israeli government rules out the idea that peace negotiations might one day establish a Palestinian capital in some section of Jerusalem.

But until Islamic extremists recognize the region’s actual history and drop the ridiculous fantasy of “Temple Denial,” there can be no progress—and no peace.

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Lanhee Chen: Confirm Azar as New Secretary for Health and Human Services

Tax Reform

President Trump has nominated Alex Azar to be the next Secretary of Health and Human Services.

It’s an important job, as the future of Obamacare hangs in the balance and Republicans continue to express their desire to repeal and replace the law.

Azar is highly qualified for the post: He served as the number two official at the department—and its chief counsel—during the George W. Bush Administration. He was a law clerk for Justice Antonin Scalia. And he’s been a senior executive at one of America’s largest pharmaceutical companies.

Some Democrats have suggested that this private sector experience makes Azar the wrong person to help conquer the opioid crisis and to lower drug costs. But they’re wrong. It’s precisely his experience inside the industry that helps him to better understand how we can address these pressing concerns. It’s no exaggeration to say that few people understand the health care policy environment better than Azar.

The Senate is now considering his nomination. Here’s to hoping that they move quickly to confirm Azar, so he can get to work as soon as possible.

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Jerry Bowyer: ‘ Trump Trade ’ Will Be Over Without Tax Cuts

Shooting Florida

The stock market had a great run after the election of Donald J. Trump as president. This put egg on the face of many elite commentators who predicted that a Trump victory would be disastrous for the economy.

Indicators of economic optimism also improved, and some business activity indicators improved in response. But lately plans for tax reform have been splintering into competing versions.

Some GOP leaders seem willing to cave on key issues such as whether to cut rates for the highest bracket and whether to delay corporate tax reductions. In response markets have leveled off, and there are some signs that growth is sagging too.

It is imperative that tax cuts be passed now and implemented immediately. Republicans will get no credit from the electorate for bi-partisanship if they sail into the next election with a weak economy on the horizon. It doesn’t need to be fancy. But it needs to be soon.

We’re past the time for rhetoric: we need successful votes and tangible policy shifts, otherwise the famed ‘Trump Trade’ may well be over.

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Hugh Hewitt: No GOP Civil War

U.S. Senate

There’s been a lot of chatter about it, but: there is no GOP civil war. The meme of such a conflict is currently off the front pages, but it will return. When it does, recall that it just isn’t true.

Yes, there’s a loud, persistent group of Never Trump critics who apparently never learned the concept of “sunk costs.” And, yes there’s Steve Bannon, who knows that there’s power and profit to be found in exploiting the anger. But this doesn’t amount to a civil war, only a series of skirmishes on the fringes of the party and among its chattering Manhattan-Beltway class estranged from President Trump as it is.

More than 80 percent of GOP voters approve of President Trump. The president has many critics who, like me, will ding a decision here or there and wish he’d knock off tweeting completely. But the solid majority of Republicans prefer winning some and losing some to always losing. The GOP regulars know that the way forward is by adding seats, not throwing them away.

And all the noise in Manhattan inside the Beltway won’t change that.

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Michael Medved: Winning The War Of Ideas?

Opioid

The liberal author of a recent book praising “The Naughty Nineties” and the influence of the Clintons, came to a surprising conclusion about our ongoing battle of ideas. “I thought the left had triumphed,” David Friend told The New York Times. “I was wrong. The more research I did, I realized how huge the advances on the conservative side were, and how the ‘90’s were extremely important for the triumphs of the right we’re seeing today.” He notes the greatly enhanced presence of conservative voices in media, on campus, within religious denominations, and in politics on the local, state and federal levels, when compared to right-wing impotence and irrelevance 25 years ago.

David Friend once worked for left-leaning outlets like CBS and Vanity Fair, and if he’s right, then the startling 2016 victory of President Trump isn’t a fluke, but a reflection of deeper and perhaps lasting changes in the attitudes of the American public.

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