House Republicans Pass Their Version Tax Overhaul

The transcript discusses the passage of a tax reform bill in the House and its potential impact on the national debt and economic growth. Maya McGinnis, an expert on fiscal policy, expresses concerns about the bill's borrowing and gimmicks, which could increase the national debt. The challenges of passing the bill in the Senate are highlighted, along with the political dynamics between Republicans and Democrats. The discussion also covers the impact on the housing market and the benefits of corporate tax rate changes.

What challenges might the tax reform bill face in the Senate compared to the House?

How does the discussion of fiscal responsibility reflect on the behavior of Congress members?

What are the implications of the corporate tax rate cut for the economy?