Tiana Lowe Doescher is a commentary writer for the Washington Examiner, as well as an on-air contributor for The First on Pluto TV. She previously interned for National Review and founded the USC Economics Review. She graduated from the University of Southern California with a B.S. in economics and mathematics.
When Rep. Matt Gaetz led his crazy eight Republican comrades to join with the entire Democratic caucus to eject Rep. Kevin McCarthy from the House speakership, the Florida rabble-rouser claimed to do so in the name of reducing federal spending, saying,"I don't think the adult in the room would allow America to sit atop a $33 trillion debt facing $2.2 trillion annual deficits.
As a matter of pure deficit reduction, Trump's SALT cap reduced the deduction's cost to Uncle Sam from $104 billion in 2017 to just $10 billion in losses in 2018, with the Joint Committee on Taxation estimating the cap saves the government nearly $700 billion from its inception to the major TCJA expirations in 2027.
If the political capital of Biden-district Republicans must be spent on anything, it should be on abolishing the SALT deduction entirely, not on forcing through Jordan to a speakership he cannot win. That Jordan saw the reverse as ideal says much about the lamentable state of the Republican Party as a whole and its House agents in particular.
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