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    Home»Economy»The show so far, DOGE edition
    Economy

    The show so far, DOGE edition

    Press RoomBy Press RoomDecember 21, 2024No Comments2 Mins Read
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    Round one is over, and so far no progress and indeed steps backwards:

    President-elect Donald Trump’s last-minute demands for a congressional funding package were rejected by dozens of Republicans this week, foreshadowing the legislative challenges he could face next year — even with unified GOP control.

    The Republicans also revealed they are not willing to shut down the government, and they do not have such a stable coalition in the House, and that is even before they lose some number of seats.

    From Politico:

    The package that passed the House includes more than $110 billion in disaster aid and a one-year farm bill extension but is stripped of Trump’s demand: a debt limit extension.

    There was not an actual substantive win in the final outcome.  Not surprisingly, the Democrats are touting it as a win for the Democrats.

    And here Vivek concedes the loss.

    I very much hope DOGE makes progress on its key issues — excess regulation and spending — but political change is tough and requires some highly unusual and idiosyncratic skills.  Keep also in mind that while Trump has a mandate to attack Woke and secure the border, voters seem far less excited by cutting back on government spending and regulation (if anything the opposite?).  Government spending is what “makes Washington go round,” and Reps love it, no matter what they may say in some of their more manufactured moments.  So DOGE strategy will need to adjust accordingly.

    The post The show so far, DOGE edition appeared first on Marginal REVOLUTION.



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