Trump making little progress on promises to voters
Almost one year in, it's time for another update for Trump voters on his election promises:
1. He told you he'd cut your taxes, and that the super-rich like him would pay more. You bought it. But his new tax law does the opposite. By 2027, according to the nonpartisan Tax Policy Center, the richest 1 percent will have gotten 83 percent of the tax cut. But more than half of all Americans will pay more in taxes. As Trump told his wealthy friends at Mar-a-Lago just days after the tax bill became law, "You all just got a lot richer."
2. He promised to close "special interest loopholes that have been so good for Wall Street investors ... but unfair to American workers," especially the notorious "carried interest" loophole for private-equity, hedge fund and real estate partners. You bought it. But the new tax law keeps the "carried interest" loophole.
3. He told you he'd repeal Obamacare and replace it with something "beautiful." You bought it. But he didn't repeal and he didn't replace. Instead, the new tax law will result in 13 million people losing health coverage, according to the Congressional Budget Office.
4. He told you he'd invest $1 trillion in our nation's crumbling infrastructure. You bought it. But after his giant tax cut for corporations and the rich, there's no money left for infrastructure.
5. He told you, "I'm not going to cut Social Security like every other Republican, and I'm not going to cut Medicare or Medicaid." You bought it. But he and House Speaker Paul Ryan are already planning such cuts in order to deal with the ballooning deficit created, in part, by the giant tax cut for corporations and the rich.
6. He promised "six weeks of paid maternity leave to any mother with a newborn child whose employer does not provide the benefit." You bought it. But the giant tax cut for corporations and the rich doesn't leave any money for this.
7. He promised "a complete ban on foreign lobbyists raising money for American elections." You bought it. But foreign lobbyists are still raising money for American elections.
8. He said he'd drain the Washington swamp. You bought it. But he's brought into his administration more billionaires and Wall Street moguls than in any administration in history, to make laws that will enrich their businesses, and he's filled departments and agencies with former lobbyists who are crafting new policies for the same industries in which they recently worked.
9. He promised that the many women who accused him of sexual misconduct "will be sued after the election is over." You bought it. He hasn't sued them, presumably because he doesn't want the truth to come out.