On trade policy, Trump is turning GOP orthodoxy on its head - News Summed Up

On trade policy, Trump is turning GOP orthodoxy on its head


President Donald Trump's trade policies are turning long-established Republican orthodoxy on its head, marked by tariff fights and now $12 billion in farm aid that represents the type of government intervention GOP voters railed against a decade ago. "Our nation is approaching a tipping point," GOP Rep. Paul Ryan of Wisconsin, now the House speaker, said in January 2011 when the national debt hit $14 trillion. Today, the Congressional Budget Office projects the $21 trillion debt will rise to more than $33 trillion in 10 years. GOP Rep. Mike Conaway of Texas, chairman of the House Agriculture Committee, called it "welcome relief." Rep. Dan Kildee, D-Mich., said it's clear the GOP has changed over the past two years with Trump in office.


Source: Fox News July 28, 2018 09:00 UTC



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