The GOP’s setback on healthcare is raising pressure on Republicans to deliver a win for their party and the White House on taxes ahead of the midterm elections.
ObamaCare repeal and tax reform were two of the GOP’s biggest priorities at the start of the year, and expectations for success were high given the party’s control of the House, Senate and White House.ADVERTISEMENT
With the collapse of the Senate’s effort to pass healthcare legislation, the stakes are even higher for Republicans on tax reform.
Tax reform is “now increasingly important to the economy, and increasingly important to Republicans’ political prospects in the future,” Americans for Tax Reform President Grover Norquist said.
In fact, given the healthcare debacle, Norquist warns GOP lawmakers up for reelection that tax reform “better be spectacular.”
The GOP had promised that repealing and replacing ObamaCare would boost economic growth, showcasing the value of Republican rule. Now, the GOP needs tax reform to give an even bigger boost to the economy, Norquist said.