NICK GOSNELL
Hutch Post
HUTCHINSON, Kan. — Phil Kerpen with American Commitment expects some significant moves early in the Trump Administration to roll back what the Biden Administration has done over the past four years.
"Biden has been a hyper regulatory president, about fifty thousand dollars per household in new regulatory compliance costs just in the last four years," Kerpen said. "All of that's going to be dialed back, and we're going to see some pretty sweeping reforms, I think, to federal regulation."
Getting spending under control will be a priority.
"We're also going to have kind of a double spending fight," Kerpen said. "This year's spending bills haven't been done and they'll probably be punted to next year. And so we'll have both fiscal 24 and fiscal 25 to do. You know, if we and I think there's going to be a lot of wind at the back of trying to get some major spending reductions just because the whole country experienced what happens when you spend trillions of dollars you don't have in terms of the inflation episode we just had."
The changes in spending will have some guardrails, though.
"They're going to do the tax bill under the budget reconciliation process," Kerpen said. "This is the way they did it last time. This is the way the Democrats did all of their big spending bills. And that's because the reconciliation process is really the only thing you can do in the Senate with a bare majority. It's not subject to filibuster, and so you don't need those 60 votes. And so what we'll see is a budget resolution that will include a reconciliation instruction, and then that reconciliation instruction will determine the amount of tax cuts that they can do sort of within the budget window. And then sort of related to that is there are all these complicated procedural rules about whether you're making policy changes that are outside of what's allowed in reconciliation, and then they make points of order, and they sort of lobby the parliamentarian who's the decider on this, all of which is to say I think that they will make policy changes if Senate rules allow it without being subject to filibuster, but that gets very complicated very quickly."
This is setting aside any actions Trump may take via executive order, which are not clear yet heading into January.