He's baaack. Gingrich advising McCarthy and the House GOP.

[Yo_Mama_Been_Loggin]

GOP wants to push to extend Trump tax cuts after midterm elections



Republicans plan to push to extend key parts of President Donald Trump's tax cuts if they take control of Congress in this fall's elections, aiming to force President Biden to codify trillions of dollars worth of lower taxes touted by his predecessor.

With Democrats likely to lose control of the House of Representatives and possibly the Senate, Republicans are preparing to advance legislation that would make permanent the GOP's 2017 changes to the tax rates paid by individuals. Republican officials will also push for scrapping some of the law's specific tax increases on corporations that were designed to offset the cost of their enormous overall cut to the corporate tax rate.

Many economists say the GOP's plans to expand the tax cuts flies against their promises to fight inflation and reduce the federal deficit, which have emerged as central themes of their 2022 midterm campaign rhetoric. Tax cuts boost inflation just like new spending, because they increase economic demand and throw it out of balance with supply. But Republicans say they believe these efforts would put Biden in a political bind, requiring him to choose between vetoing the tax cuts - giving the GOP an attack line in the 2024 presidential election - or allowing Republicans to win on one of their central legislative agenda items.

Newt Gingrich, who served as the speaker of the House in the 1990s and is in communication with senior Republican leaders, said a similar strategy was successful at forcing both Bill Clinton and Barack Obama to enact tax cuts that they would not have otherwise supported, after both of those Democratic presidents lost control of Congress.

https://www.washingtonpost.com/us-policy/2022/10/17/republicans-tax-trump-biden/

[Mr.Bill]

1. "With Democrats likely to lose control of the House..."

This is what passes for unbiased journalism these days at the Washington Post.

The republicans trying to get Joe Biden to cut taxes on the rich will work just about as well a Democratic Congress getting Trump to raise them.

[DFW]

2. McCarthy is undoubtedly being reminded what Gingrich did in 1994-5 and NOT what he did 1998-9.

Also, Newt is broke, and is surely charging the RNC a gazillion bucks an hour just to tell them how to be nasty to Americans who can't fight back--as if Republicans needed any more expertise in THAT field!!

[calimary]

3. Oh God. Beelzebub has risen from the depths of Hell.

Satan - Gingrich - no difference. And still speaking with a forked tongue.

[New Breed Leader]

4. Meanwhile, that fkuer owes 5 MIL

Link to tweet

[2naSalit]

6. That needs to be stopped immediately.

Gingrich should be banished from ever looking at Congress let alone advising anyone! Talk about malpractice.

[The Unmitigated Gall]

7. Here's how you do it Kev...

Cheat on your wife, then dump her ass when she gets sick. Then marry the one you cheated with, then cheat on that one and dump HER for another one!

[keithbvadu2]

8. Newt, Dotard, and MTG can advise Christians on marital fidelity.

Newt, Dotard, and MTG can advise Christians on marital fidelity.

[lindysalsagal]

9. This is the best advice the gqp can find? Like tfg's crap lawyers

The party is beyond repair. Might as well use Bozo The Clown.