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Hey everyone, This is Jonathan K

part and welcome to K-pop.

Congress is debating a tax bill or is it tax reform?

What the hell is it? And does it do all the things President Trump

and the Republican leadership says it does? I've got the perfect person to

answer these questions, a self-described fiscal skunk at every party.

Maya McGinnis, the president of the committee for a responsible federal budget.

She explains the difference between tax reform and tax cuts,

why what's being proposed is at least a good framework,

and why leaving off the table popular deductions

for things like state and local taxes and mortgages is bad for the nation's fiscal health

right now. Mya McGinnis, thank you very much for being on the podcast.

Thank you for having me.

Okay, Maya, so we're talking about tax reform or tax cuts.

I'm not quite sure what's happening

and I'm sure a lot of people who are listening

have no idea what it is that Congress is actually

talking about this bill that's now out there.

Can you explain it to us? What's happening here?

Fair point, a good point because I think that the talking points are in many ways meant to be confusing. Tax reform is when you change how you

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