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Republicans have been saying for some time that Obamacare was in a death spiral, with fewer healthy customers buying insurance. (Photo: Shutterstock)

Republicans in Congress who are voting for tax cuts — the measure cleared the Senate late Tuesday night and will pass in the House on Wednesday — may be rushing through an underdeveloped, sloppy bill. They may be guilty of hypocrisy for increasing federal budget deficits after campaigning against them (although in my view their actions have been consistent, and I don’t really care much about hypocrisy anyway). Economists almost universally don’t believe that these tax cuts will have the economic effects that the bill’s supporters claim will happen.


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