Larry Kudlov: Good economy leads to good policy

Many congratulations, on the contrary, when the Republican House challenged the ordinary wisdom last night and adopted the resolution of the budget “One Big Bill” – including what, importantly, a decline in Trump’s taxes.

Speaker Mike Johnson and the leader of the majority Steve scale did not succumb to BelTway’s wisdom, as well as the Senate Republican wisdom, quickly receiving the account.

The budget chairman Jodi Arrington deserves great merit for writing the bill. President Donald Trump receives a certain merit for making several key telephone calls. And Finance Minister Scott Igent Receive Credit For the shepherds bill through the house.

Interestingly, no home voted for the bill, meaning that the whole House of the Democratic Conference contributes $ 4 trillion plus tax hike.

Nice to go! Practically provides their minority status – for a long time.

So, now the House and the Senate must come together and pull out a compromise – and the group called “Big 6” started a reconciliation meeting today.

This group includes tax written chairs Mike Krap in the Senate and Jason Smith in the House, two leaders, Senator John Tun and Speaker Mike Johnson and President Trump representatives, Finance Minister Scott Scott and Director of the National Economic Council Kevin Hasset.

One of the key points is whether all Trump’s tax will be reduced as 1.0 from 2017 and 2.0 from the company last year, will become permanent.

Earlier today, I talked to the leader of the Republican Senate, who would like to make all the tax reductions permanent, and he believes that most of his conferences agree.

Whether they will match the current policy of Mike Krap and go out on a neutral deficit impact. But I believe that the best result is Crapo’s current approach with a basic policy and makes all tax reductions constant.

Also noteworthy whether Doge will reduce the budget, DOGE Dividend checksAnd the decrease in the debt of the DOGE will become part of the total package. And then there will probably be different budget reducing programs that will be changed at the edges, including Repression of the President on Fraud.

But here’s a key point: Speaker’s Victory House Johnson connects all President Trump’s policies.

Tax reduction. Low costs. Less rules. More energy production. Hard border control. And strong national defense.

And the house will now continue to manage the process.

One big beautiful bill is what Mr Trump always wanted.

Another point that needs to be considered is that this is a fundamentally combination of the Pro Srivth policy that will take place of the working class coalition, collected by Mr. Trump during his incredibly successful company in 2024.

And with the great victory, Mike Johnson last night, all this budget package could be concluded by a world record that would be a world record.

M -n Trump will not only be able to fulfill promises, promises ” – but also his Early presidential management time Can guarantee the national majority in the elections outside the year in 2026.

I believe that when my first boss Ronald Reagan claimed that a good economy leads to good politics.

Gipper was a successful time.

It looks like Mr. Trump is following the same path of economic and political wealth.