What will be the impact of the tax cuts?

"The Republican tax law contains disastrous consequences for the US economy, which is ill-equipped for upcoming surprises, says former Treasury Secretary Jack Lew. 'What we've seen is a tax cut that spends money we don't have to have very concentrated benefits for global corporations and the top 1%, and it's leaving us broke,' he says." (Retirement Security Smartbrief, Jan. 3, 2018).
“The next shoe to drop is going to be an attack on the most vulnerable in our society,” Lew said. “How are we going to pay for the deficit caused by the tax cut? We are going to see proposals to cut health insurance for poor people, to take basic food support away from poor people, to attack Medicare and Social Security. One could not have made up a more cynical strategy.”Read the details at Bloomberg politics: https://www.bloomberg.com/news/articles/2018-01-02/former-treasury-secretary-lew-says-tax-cuts-leaving-u-s-broke