Trump Can Make Deficits Great Again, Says PWC's Lieber

The transcript discusses the anticipated budget battles, highlighting a 65% increase in the deficit over 24 months. It notes President Trump's influence on the Republican Party's approach to deficits and a bipartisan consensus in Congress to increase spending. The discussion also covers the Republicans' strategy to capitalize on their current political momentum and the challenges they face in promoting a tax bill perceived negatively by the media. The focus is on the need to communicate the bill's benefits to the middle class and its impact on corporate investment in the US.

What is the predicted increase in the deficit over the next 24 months?

How does President Trump influence the Republican Party's approach to deficits?

What are the differing priorities of Democrats and Republicans regarding spending?

What is the significance of the upcoming legislation for the Republican Party?

What challenges do Republicans face in selling the tax bill to the public?