What Wall Street Is Saying About the Health-Care Bill's Collapse
- Legislation is still possible this year, Goldman Sachs says
- Tax agenda under threat; budget resolution process key
Eaton Vance's Perkin Says Equities Unfazed by Health Care
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In the wake of abandoned efforts to replace Obamacare legislation, strategists are weighing whether Donald Trump’s fiscal policy agenda is in jeopardy, with the president previously linking health-care reform with large tax cuts.
A slew of policy challenges, from implementing a modified health bill, to reaching an agreement on next year’s budget and an increase to the government debt ceiling, will forestall progress on tax cuts this year, warn analysts.