19 Jul 2017
US: Doubts over Trump Administration's legislative agenda - BBH
Doubts over the viability of Trump Administration's legislative agenda (which includes tax reform), given the mess made of health care reform, are palpable, according to analysts at BBH.
Key Quotes
“A backup strategy, reportedly being considered by Republican leadership, that would repeal the Affordable Care Act with a two-year grace period in which time a replacement can be found, does not appear to have majority support. The Senate version of health care reform was largely developed in secret, with no real overtures to the opposition party. This same strategy, it would seem, is being played out with the tax reform, where six men (two from each legislative chamber and two from the White House) are framing it largely in secret.”