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Spending Talks About to Hit a Wall, New Tax Plan in Doubt

CQ Budget Podcast, Episode 90

The U.S. Capitol Christmas Tree stands on the West Lawn of the Capitol on Wednesday, Dec. 7, 2016. Photo By Bill Clark/CQ Roll Call

Lawmakers are racing against the clock to pass seven more spending bills, but their efforts are likely to be a struggle amid President Trump's insistence for $5 billion for the border wall that Democrats don't want to give him, says CQ budget editor Peter Cohn. And CQ tax writer Doug Sword brings us up to date with the latest GOP effort to pass new tax legislation that would renew some tax breaks while making corrections to last year's massive tax overhaul.

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