Thursday’s key House vote on the Republicans’ health care bill has been attracting a lot of attention in the markets amid fears that a defeat would threaten President Donald Trump’s plans for a major fiscal stimulus. We agree that Republican infighting and the possibility of a drawn-out fight over health care increases the risk of a further delay to the fiscal stimulus. But regardless of the outcome of Thursday’s vote, there is no reason yet why a tax reform package couldn’t still be passed early next year.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services