Elmendorf: Middle Class Not High on Trump's Agenda

The video discusses the impact of evidence on public policy, particularly in relation to the Affordable Care Act. It highlights the challenges of repealing Obamacare without federal subsidies and the political dynamics affecting the middle class. The discussion also covers the future of the Democratic Party, emphasizing the need to focus on jobs and wages. Finally, it explains dynamic scoring and its importance in evaluating economic legislation.

What are the implications of tax cuts for different income groups as discussed in the text?

What is dynamic scoring, and how could it impact economic policy according to the text?