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AP: Tax cuts quiet once-deafening GOP call for fiscal discipline

Summary:
Definitely moving this way as we head into Q4; you just knew this was going to happen. GOP starting to salivate over the tax cuts; the appeal of this USD windfall is starting to overcome the "debt!" phobia. GOP libertarian "Freedom!" Caucus (35 members max) still will be somewhat of an obstacle Ryan/Trump have to get around.GOP does not care about fiscal discipline or a balanced budget https://t.co/QUOFHkgL2s— Trade Report (@Trade_report) September 16, 2017

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Definitely moving this way as we head into Q4; you just knew this was going to happen.

GOP starting to salivate over the tax cuts; the appeal of this USD windfall is starting to overcome the "debt!" phobia. GOP libertarian "Freedom!" Caucus (35 members max) still will be somewhat of an obstacle Ryan/Trump have to get around.

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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