I'd blame you for your logically unsupported assertion that failure to pass the tax cut (which is not reform btw) will cause an econ downturn. LOL
Markets often react to even minor speculation. To suggest it isn't possible for them to react to failed legislation is just patently stupid.
Par for the course with you I guess.
So what possible sane reason might the crazy right wing have to pull the crap they are trying to pull?
Grandpa is blissfully unaware that growth forecasts WITHOUT the bill are for at least 2.5% growth through 2018. But he assumes without the bill it will "cause an econ downturn."
The problem with that assumption, aside from the usual, is that the fed is expected to raise rates by about 2% WITHOUT the bill. Stronger growth coupled with rising deficits is the consensus of what will occur WITH the bill. That would give the Fed a reason to raise rates even more, and the Fed' primary directive is to kill inflation before it lives.
IF the bill was actually about growth, rather than saving the gop's ass in 18 and 20, we'd find areas to increase taxes that would not hurt growth while, simultaneously, reducing the increased costs of soc sec, medicare, Medicaid.