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“Exquisite presidential leadership,” said Speaker Paul Ryan (R-Wis.). “One heck of a leader,” said Sen. Orrin Hatch (R-Utah).

The new Republican Party is a supporting cast for a bombastic salesman of a president who won the White House with a grand promise to cut taxes and create jobs to benefit working class people.

With his tax plan now signed into law, the curtains are finally pulled back on the Wizard of Trump Tower.

Voters can see that he has handed tax cuts to the very rich, the top 1 percent, and shareholders of large corporations — not the middle class or the poor.

Voters can also see that Republicans who once trashed President Obama over increases in the federal deficit are now happy to look the other way.

And what about creating new jobs?

A Yale University survey of corporate chiefs in mid-December found only 14 percent planning to make new capital investments and hire more workers as a result of their tax cut windfall.

The man who did the survey of corporate leaders, Jeffrey Sonnenfeld, told CNN Money that Trump’s claim that tax cuts will result in more jobs is “a lot of smoke and mirrors.”

Sonnenfeld pointed to the already low rate of unemployment across the nation as well as record corporate profits to make the point that big firms could already be expanding and hiring more people if that was in their plans.

Data from the nonpartisan Tax Policy Center which found that under the law, the wealthiest one percent of Americans will get 83 percent of the tax cuts and the wealthiest zero point one (0.1) percent will get almost 60 percent of the tax cuts, both by 2027.

“Don’t let your Uncle Bob be fooled: Republicans are voting for this because their wealthy patrons demand it,” former Clinton Labor Secretary Robert Reich wrote last week on his website. “Their tax plan will weaken our economy for years — reducing demand, widening inequality, and increasing the national debt by at least $1.5 trillion over the next decade.”

And that is not the end of the story. The White House and Ryan intend to go after entitlement programs next year to cut federal spending. That means social programs for the elderly and the poor are now in immediate danger, including Social Security, Medicare and Medicaid.

The Trump party argues they have to make the cuts to keep the deficit from ballooning.

So, the party of Trump has created a spending problem with a give-away to the rich — and now proposes to solve it by cracking down on the poor.