Weakened courts, happy heirs, and work requirements. The House-passed version of Donald Trump’s tax plan takes from poor, gives to rich.

Without Medicaid, Joanna Parker would have a much tougher time holding down a job.

One of the reasons politicians don’t often engage in massive overhauls of the American economy is that it’s very difficult to defend a massive overhaul of the American economy. However good any given plan is, it often produces losers and – even in the best of cases – some short-term pain.

The Republican tax bill, a top legislative priority for President Donald Trump, could damage the broader economy and rattle the U.S. bond market, according to Wall Street experts.