Forbes magazine owner Steve Forbes painted a bleak picture of America if Democrats regain control of the House and Senate in these November midterm elections, saying a Republican loss is going to bring on the "Grinch who Stole Christmas."
"It's going to be disruptive," Forbes told "The Cats Roundtable" on 970 AM-N.Y. "You're not going to get a tax bill. They're going to try to disrupt deregulation, which has helped the American economy so much. And they'll try to raise taxes.
"So, if you've enjoyed a tax cut, forget it. They will be the Grinch that stole Christmas. They'll be a Scrooge taking the stocking away. The bad Scrooge."
Watching the Republicans lose their majorities in Congress will not just undo the work of President Donald Trump the past two years, it will lead to an attempt to impeach him merely on the grounds Democrats "don't like him, " Forbes said.
"You're going to see countless investigations into the president and his businesses," Forbes told host John Catsimatidis. "They're going to try to destroy him. They will at some point push for impeachment, even though they haven't found, yet found, anything on which to impeach him.
"Saying they don't like him is not an impeachable offense, the last I looked."
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Holding just a 51-40 majority, Republicans in the Senate look like they will not get the 60 votes needed to pass "Tax Reform 2.0," which makes the individual tax cuts permanent, Forbes concluded. A GOP victory, though, might deliver another Christmas present to Americans on tax cuts.
"We're not going to get an agreement before November," he said. "That's going to be a tough one.
". . . Hopefully, if the Republicans win, we can have another Christmas present for the American people."
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