LARRY KUDLOW: Good economics leads to good politics
Many congrats throughout the time, as the house last night was an adversary wisdom and passed the “One Beautiful Budget Budget Solution, including Tax Reductions.
Speaker Mike Johnson and the majority leader Steve Steve Steven is against the wisdom of the zone, as well as the Republican Wisdom of the Senate quickly.
Budget Chair Jodyey Arrington is a lot of credit to write the bill. President Donald Trump receives a certain loan to make some basic phone calls. Aeration of Treasury Secretary Scott Bessent receives a loan Bill through the house for a shepherd.
It is interesting that not one tax democrat voted in favor of the bill, which means that the whole house is claiming a democratic conference. $ 4 trillion plus tax increaseA number
Nice to go. Almost provides their minority status for quite some time.
So now the house and the Senate should be collected, and they will refrain from compromise, and the group called “Great 6” began meeting today.
The group includes Tax Writing Chairs in Mike in Jason Smith, two leaders, Senator John Johnson, President Trump, Secretary of Treasury, Treasurer Haset.
One main point is whether all the reductions in the triumphant tax, and 1.0 have been 1.0 from 2017, and last year from the campaign will be permanent.
Earlier today, I spoke to the Republican Leader of the Senate, who would like to make all the tax cuts permanent, and he believes that most of his duty agrees.
Whether they will match the initial of the current policy of Mike’s Capo and the influence of a purely neutral deficit. But I think that the best possible result is the starting point of CRAPO’s current policy and making all tax cuts permanent.
It is also remarkable if Doge Budget is a reduction, DOGE DIVIDEND CHECKSAnd the reduction in the debts of the dog will be part of the common package. And then there will definitely be different budget cuts that will be changed around the edges, including Peace of the President peacefulA number
But here’s the main point. Speaker Mike Johnson’s house is connected to the prospects of all President Trump policy.
Lower taxes. Lower costsA number of fewer regulations. More energy production. Border control control. And strong national protection.
And the house will now continue to drive the process.
A big beautiful bill is what Mr. Trump has always wanted.
Another point to discuss is that this is a mixture of growth policy in principle, which will make the working coalition wallets, which are united by Mr. Trump in its incredibly successful 2024 campaigns.
Last night, Mike Johnson’s great victory, this whole budget package may be depicted on the day of the memory, which would be a world record.
Not only Mr. Trump will not be able to keep “promises”, promises are stored, but his Early priority management of the President Could guarantee the republican majority in the 2026 leak.
I believe that because my first boss Ronald Reagan argued that a good economy brings good politics.
Gipper was confident that it was a successful time.
It looks like Mr. Trump follows the same way of economic and political abundance.