Trump Debt Deal Adds to Busy December for Congress

The video discusses the complex political climate in Washington, highlighting a 'perfect storm' of issues including President Trump's political maneuvers, legislative challenges, and the future of tax reform. It examines Trump's backing of a Democratic plan as a form of political retribution against his party, which complicates the GOP's legislative agenda. The discussion suggests that tax reform will extend into 2018, with expectations of a more moderated package focused on tax cuts rather than systemic reform.

In what way is the tax reform effort expected to change according to the speaker?

What does the speaker suggest about the nature of the tax package that will be proposed?