republicans

(AP Photo/John Bazemore)

On this edition of Political Rewind, 6th District Congresswoman Karen Handel is tapped to help other GOP candidates for congress on how to run for office in the anti-Trump atmosphere, but the AJC’s Jim Galloway says Governor Nathan Deal may be the best model for Republicans on how to win. 

Republicans say the tax-cutting overhaul being debated in Congress will jump-start the U.S. economy, leading to a lot more investment and hiring by companies.

But some economists say the tax plans — which would sharply cut corporate and business taxes and eliminate numerous deductions for individuals — come at precisely the wrong time. Lower taxes could also be undercut by Federal Reserve policymakers, who are gradually raising interest rates, they say.

It's back to work this week for President Trump and Republicans after Thanksgiving — and they have a lot to do.

6 Possible Hurdles For The GOP Tax Plan

Nov 26, 2017

President Trump boasted earlier this month that Republicans were working together to pass sweeping tax cuts in the waning weeks of 2017.

"We're working to give the American people a giant tax cut for Christmas," Trump said. "We are giving them a big, beautiful Christmas present in the form of a tremendous tax cut."

But first, GOP lawmakers will have to resolve some major policy differences that could derail the bill.

David Goldman / AP Photo

On this edition of Political Rewind, the candidates for Mayor of Atlanta slug it out in their first runoff debate. Did we learn anything new about the matchup between Keisha Lance Bottoms and Mary Norwood?

A Democratic state representative has introduced legislation to ban “bump stocks” in Georgia and one GOP candidate for governor is already attacking the measure. How will it fare in the 2018 session? 

Congressional Republicans aim to take critical steps Thursday toward fulfilling their pledge to overhaul the nation's tax code by the end of the year.

The House Ways and Means Committee is expected to approve sweeping legislation to cut taxes for most individuals and businesses on the same day that Senate Republicans are set to unveil their own legislative vision for taxes. The dueling proposals are part of a broader plan that GOP leaders hope will end with both chambers passing a compromise tax bill by the end of the year.

Updated at 1:55 p.m. ET

As Republicans scrambled to assemble a tax overhaul bill, Americans weren't even sure that Congress should be focusing on reshaping the tax system.

Only about one-quarter of Americans believe that passing a tax overhaul should be "the top priority for the president and Congress," according to a CBS News poll released Wednesday; 70 percent said other things should be "addressed first." And even Republicans aren't particularly enthused: Only about half (51 percent) said an overhaul should be the top issue.

President Trump and congressional Republicans have pitched their tax plan as a boost for the middle class.

"The rich will not be gaining at all with this plan," Trump told reporters during a meeting with lawmakers in mid-September.

Roy Moore's GOP runoff win in Alabama on Tuesday has only emboldened the anti-establishment wing of the party in its belief that it can knock off other incumbent senators in next year's midterm primaries.

"We're going to war," former White House chief strategist Steve Bannon told Politico this week. "This is not a pillow fight, this is a fight fight."

Updated at 3:35 p.m. ET

Republicans are once again waving the white flag on health care.

Senate Majority Leader Mitch McConnell announced that he is pulling the Republican health care bill because it does not have the votes.

Rather than endure another embarrassing vote that sees his caucus come up short, the senators agreed in a closed-door meeting to shelve the bill.

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