Gingrich To GOP: Pass Tax Cuts In 2017 Or Prepare For Speaker Pelosi

Former House Speaker Newt Gingrich and former Best Buy CEO Brad Anderson penned an op-ed in the USA Today warning Republicans that they have about 4 months left to pass tax cuts or suffer the inevitable consequences of massive losses in the 2018 mid-terms that will return control of Congress to Nancy Pelosi.

The specter of House Speaker Nancy Pelosi is looming.


Following Republicans’ failure to fix the country’s health care system, polls show Americans are increasingly flirting with Democratic governance in Congress next year. This means Republicans must change their game plan. The next six months must not be the same as the last six months.


To regain their legislative momentum and keep their majority, Republicans must clearly demonstrate they are fighting for the country’s hardworking taxpayers. This means passing a major tax cut by Thanksgiving — and making it retroactive to the start of this year.


By 2018, the tax cuts will have spurred economic growth and wage increases, giving Republicans substantial momentum and a popular record of success to tout during their campaigns.



Of course, just like with the failed Obamacare repeal and replace effort, the infighting among various factions of the Republican party will inevitably make quick progress on a tax bill very difficult, if not impossible.

The first step for Republicans writing the tax cut legislation is to reject the notion that it needs to be revenue neutral. Instead, Republicans should argue that the tax cuts should be deficit neutral — meaning they wouldn’t add to the deficit because of the economic growth they'd produce.


We know that deficit neutrality might ruffle the feathers of some fiscal hawks. For them, we have only one question: Which will be more expensive, having House Speaker Nancy Pelosi attempt to implement a Democratic agenda, or passing a deficit-neutral Republican tax cut ensuring that voters will view Republicans as the party of middle-class prosperity in November 2018?


We also know that there are some in Congress who want to pursue comprehensive tax reform that also addresses deductions, loopholes and other less publicized taxes. We think these are valid goals. However, the tax code is complex, and Republicans don’t have time to pursue such massive and controversial reform.


Tax cuts by November beat comprehensive reform next spring because changes will take time to take effect and for voters to feel the impact. A Republican majority can always come back to tax reform in 2019.


Serious tax cuts will bring Americans more — and better — job opportunities, with higher take-home pay. That’s why we think this is the key to keeping the Republican majority in 2018.


In short, Republican lawmakers must come together over tax cuts for hardworking taxpayers before hardworking taxpayers come together against Republican lawmakers.

In conclusion, if Gingrich is right that the fate of the Republican Congress is truly dependent upon passing tax legislation by November, we suggest people get accustomed to seeing a lot more of this bright smiling face after next year's election cycle.



Son of Loki Shemp 4 Victory Wed, 08/02/2017 - 20:02 Permalink

A handful of Repugnicans are putting their pocket books first and above Americans they represent. Trump got elected to repeal/replace Obamacare, build the wall, crack down on immigration, tax cuts for the middle clss and decrease regulations. Yet some (like McShame) hate Americans so much he joins left wing Democraps to block trump every time. It's pretty disgusting these traitorous Repugnicans  keep getting elected.

In reply to by Shemp 4 Victory

johngaltfla Richard III Wed, 08/02/2017 - 19:22 Permalink

Newt's senile old ass is right.1. Speaker Pelosi2. Majority Leader SchumerMake bank on that because if they fail to pass it and f'up the debt ceiling (which they will) the stock market has its excuse to take a 7-14% one day dump and make Trump look like Hoover.The parallels to 1929 with the Establishment Republicans acting like idiots again and the Dimocrats blocking everything are frightening.

In reply to by Richard III

Peak Finance Wed, 08/02/2017 - 19:13 Permalink

IF the  Rethugs fail you think people are going to turn back to Dems????LZOLOZLZLZZZLZLZLZZLZLZLNo buddy, more and more people are going to go "full NAZI" The base will become EVEN MORE RADIDCALIZEDKeep that in mind   

RafterManFMJ Peak Finance Wed, 08/02/2017 - 19:49 Permalink

Why hello there! See, tax cuts must be revenue neutral. Or some such shit.

We can print and borrow to bail out the bankers, to fund our military, and play fuck-all with donations and foreign aid to dozens of other cuntries.

But - a tax cut? Oh fuck no, we're REAL RESPONSIBLE about that! Gotta be paid for, gotta balance that deficit and be revenue neutral...

Folks, if you're not realizing it by now the entire fed exists to fuck you and your children, daily, in your ass. Doesn't matter if it's a D or an R - your ass belongs to them.

Now, what're you going to do about it?

In reply to by Peak Finance

oDumbo Wed, 08/02/2017 - 19:15 Permalink

What an evil cunt!  May she fall into a volcano, her filthy ashes blow into the sky and land in oDumbo's muslim smoking pipe, choking the life out of America's #1 enemy.  Scumocraps can't seriously back this demented whore, can they?

johnnycanuck Wed, 08/02/2017 - 19:40 Permalink

Even the loosers and shameless get a 2nd chance to beak off in the US if they have Adelson money behind them.Sing for your supper Moon bat Newt.  Sing loudly so da base can hear.

sgorem Thu, 08/03/2017 - 01:53 Permalink


Aubiekong Wed, 08/02/2017 - 20:16 Permalink

Well since the GOP likes being in the minority so they can campaign on conservative positions without having to actually pass conservative legislation we can all safely assume anything Trump wants is dead.