The GOP Budget Bill Will Pass Despite Its Flaws: David Drucker

“Will it pass?” a Republican donor and occasional source from New York asked me, referring to the sweeping $2.5 trillion reconciliation package of tax cuts and fresh spending priorities working its way through Congress.

I’ve been getting that question a lot lately. Mostly, I hear from interested political observers who work in business or, like my donor-source, finance. Either way, they’re trying to game out future tax and regulatory policy and figure out the impact on the markets, their industry, their clients. So, what do I tell them? From the very beginning, my answer has been the same: “Eventually, it ...