In an interview with The Wall Street Journal, Mr. Pence said President-elect Donald Trump is preparing ambitious 100-day and 200-day plans aimed at fulfilling core campaign promises and jump-starting economic growth.
Asked what might surprise voters about the Trump White House, Mr. Pence said: “I think the only thing that will surprise them is that Washington, D.C., is going to get an awful lot done in a short period of time.”
Big deal, every incoming administration says that, right?
His comments also suggest that a Trump White House would eschew many of the free-market principles that have guided prior Republican administrations, including injecting itself into the personnel and long-term operating decisions of individual companies.
The new administration’s first priorities would include curbing illegal immigration, abolishing and then replacing Mr. Obama’s signature health-care system, nominating a justice to fill a vacancy on the Supreme Court, and strengthening the military, said Mr. Pence, whose wife, Karen Pence, sat nearby during the interview.
By springtime, the Trump administration would work with congressional leaders “to move fundamental tax reform” meant to “free up the pent-up energy in the American economy,” he said.
Pillars of the tax overhaul would include lowering marginal tax rates, reducing the corporate tax rate “from some of the highest in the industrialized world” to 15%, and repatriating corporate cash held overseas, he said.
Massive corporate tax cuts will mean massive domestic austerity, of course. Particularly if we're going to be throwing hundreds of billions more at the Pentagon. And by "massive austerity" I mean goodbye Medicare and Medicaid.
But as long as the Obama coalition suffers first and suffers hardest (and it will) that's okay with Trumpmerica.
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