Larry Lindsey on Tax Reform: ‘Republicans Have To Pass It for Their Own Political Survival’

EXCERPT:

LINDSEY: "Look, this is an existential bill for both parties. The Republicans have to pass it in order to deliver to their base and in order to keep the economy going. We’re late in this recovery. And unless the bill passes, unless all the optimism that has been generated by President Trump’s election has some substance behind it, we face a decline in the economy. Republicans have to pass it for their own political survival. But for the same reason, Democrats don’t want Republicans to survive and I think they’re going to be very, very hard about ever considering passing the bill."