If any one goal exists that could motivate fractious Republican lawmakers to come together, it should be cutting taxes.
"It’s probably the one unifying issue all Republicans have," said Bruce Bartlett, an economic adviser to President Ronald Reagan and a Treasury Department official under George H.W. Bush.
But as Republicans turn their attentions from their failed health care overhaul to rewriting the tax code, the road ahead is anything but smooth. Even with control of both chambers of Congress and the White House, many political and fiscal obstacles could derail efforts to slash tax rates for the wealthy and corporations.
With deadlines looming for Congress to avert a government shutdown and raise the debt ceiling, Washington's insiders are airing doubts that Republicans can accomplish tax reform by their originally stated August deadline, if at all.
Read More →