
Tom Kahn
American author
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Nov 4, 2026
What Do The Elections Mean For The Budget?
25:42
T
12:41Tom KahnGUEST
And I'm a little bit more sanguine about the notion of Democrats passing a large spending bill that's not offset for two reasons.
T
12:49Tom KahnGUEST
First of all, one of the major talking points Democrats have is that the wealthy are not paying their fair share.
T
12:58Tom KahnGUEST
And linked to that is a strong Democratic opposition to the huge Trump tax cuts of 2017 and the most recent ones in the so-called Big Beautiful Bill.
T
13:09Tom KahnGUEST
So I think there will be enormous support in the Democratic caucus for tax increases for people at the very top.
12 MINS LATER

Bob BixbyHOST
Tom, do you think the Democrats will want to hold out on appropriations until they take control? I mean, not that they would want to shut down, but I mean, limit the extent of a CR?