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Gingrich To GOP: Pass Tax Cuts In 2017 Or Prepare For Speaker Pelosi

zerohedge.com / by Tyler Durden / Aug 2, 2017 7:05 PM

Former House Speaker Newt Gingrich and former Best Buy CEO Brad Anderson penned an op-ed in the USA Today warning Republicans that they have about 4 months left to pass tax cuts or suffer the inevitable consequences of massive losses in the 2018 mid-terms that will return control of Congress to Nancy Pelosi.

The specter of House Speaker Nancy Pelosi is looming.

Following Republicans’ failure to fix the country’s health care system, polls show Americans are increasingly flirting with Democratic governance in Congress next year. This means Republicans must change their game plan. The next six months must not be the same as the last six months.

To regain their legislative momentum and keep their majority, Republicans must clearly demonstrate they are fighting for the country’s hardworking taxpayers. This means passing a major tax cut by Thanksgiving — and making it retroactive to the start of this year.

By 2018, the tax cuts will have spurred economic growth and wage increases, giving Republicans substantial momentum and a popular record of success to tout during their campaigns.

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