Last week, the House passed what Trump is calling the “big, beautiful” bill—an economic stimulus and manufacturing reboot wrapped in flags, tariffs, and America First rhetoric.
This is so spot on. I’m really hoping the senate stops this bill and forces fiscal responsibility. The future our our republic depends on a change of direction. I thought President Trump would be more disciplined fiscally. Time to pay the piper.
Voters resoundingly endorsed Trump’s vision, showing strong support for his agenda. He enlisted Elon Musk to tackle fraud, waste, and abuse, and their team uncovered a staggering scale of mismanagement. Responsible citizens demand a thorough cleanup and accountability for those involved. Unfortunately, politicians do not fear the voters, perpetuating a destructive cycle.
The government really has to crack down on Medicare fraud. And I wish Payroll taxes didn't disappear into the budget morass. If what goes in is tracked into what goes out, the programs would be much more efficiently managed.
There also needs to be a serious look at corporate tax subsidies and where that money is going for. Are these subsidies really needed? No one is talking about it.
We truly don’t have an income problem, we have a spending problem. Every politician that goes back to his constituents with look what I brought to you; or makes promises to get federal dollars, is part of the problem. Nothing in DC is evaluated as an investment and there is no debate about investment priorities. It’s all about power and control and siphoning funds for pet projects. This brings up an interesting discussion about none acceptable start over when discussing candidates. But never worry about the elected politicians as their self serving voting has procured them a most lucrative retirement and benefits package, more fuel for the none acceptable start over discussion. The issue of a real budget and accountability scares the politicians to the point they perturb the concept to be a comparative to last years spending adding an increase. Try that with your checking account. Well that’s what the DC politicians have done for decades. And there’s the lobbyists benefits besties upon the politicians - don’t even get me started!
It’s time to throw the spend and spend more bums out!
Very few in Congress care and are willing to say "NO", and vote to cut spending. And Trump is becoming a disappointment "like we've never seen before", willing to keep the out of control spending and waste going. Oh yeah he talks about it but won't do anything about it. House Speaker is a first class RINO. The only possible way to cut spending is to do it across the board; Rand Paul advocated this years ago. Everyone's ox gets gored; every department and program gets a little less. Start with a 10% cut in the federal government budget and add 1-2% to that every year.
The federal government tax revenues sit at about $5trillion a year. The impact of the house bill is to reduce this by about $500billion. What I'm expecting is that they will use an accounting trick to eliminate the impact of extending the 2017 tax cuts. They will also most likely knock out the SALT deduction changes, as there are no republican senators in the blue states that are pushing for the changes. There is no provision regarding tariffs. This is still left to Trump's emergency orders, rather than codifying them into law.
On the spend side, all of your changes are reasonable, but I agree I don't see them coming in. Any cuts in defense are being offset by additional spending on submarines and golden dome.
I doubt they will take any moves on SSI or Medicare. Medicaid is currently 70% fed, 30% state. I expect this formula will be change to push more to the states. And any other offsets will be eaten up by the increase in DHS to cover immigration, which Trump has said no fiscal limit. Spend whatever it takes. Hiring thousands more ICE.
I remember when the Democrats were the party of tax and spend. The Republicans have become the party of tax cut and spend. There are Republican senators that want to break up the big beautiful bill, but given the reconciliation rules, I doubt they will want to do that more than a couple of times to get this passed. And that includes whatever the final agreement between house and senate. The other possibility is that they end the filibuster. The bill to force California to continue to allow the sale of gasoline vehicles will be the first test on that.
This is so spot on. I’m really hoping the senate stops this bill and forces fiscal responsibility. The future our our republic depends on a change of direction. I thought President Trump would be more disciplined fiscally. Time to pay the piper.
Voters resoundingly endorsed Trump’s vision, showing strong support for his agenda. He enlisted Elon Musk to tackle fraud, waste, and abuse, and their team uncovered a staggering scale of mismanagement. Responsible citizens demand a thorough cleanup and accountability for those involved. Unfortunately, politicians do not fear the voters, perpetuating a destructive cycle.
The government really has to crack down on Medicare fraud. And I wish Payroll taxes didn't disappear into the budget morass. If what goes in is tracked into what goes out, the programs would be much more efficiently managed.
There also needs to be a serious look at corporate tax subsidies and where that money is going for. Are these subsidies really needed? No one is talking about it.
We truly don’t have an income problem, we have a spending problem. Every politician that goes back to his constituents with look what I brought to you; or makes promises to get federal dollars, is part of the problem. Nothing in DC is evaluated as an investment and there is no debate about investment priorities. It’s all about power and control and siphoning funds for pet projects. This brings up an interesting discussion about none acceptable start over when discussing candidates. But never worry about the elected politicians as their self serving voting has procured them a most lucrative retirement and benefits package, more fuel for the none acceptable start over discussion. The issue of a real budget and accountability scares the politicians to the point they perturb the concept to be a comparative to last years spending adding an increase. Try that with your checking account. Well that’s what the DC politicians have done for decades. And there’s the lobbyists benefits besties upon the politicians - don’t even get me started!
It’s time to throw the spend and spend more bums out!
Spot on and add a Medicaid fraud review. You are ready for a political run!!
Very few in Congress care and are willing to say "NO", and vote to cut spending. And Trump is becoming a disappointment "like we've never seen before", willing to keep the out of control spending and waste going. Oh yeah he talks about it but won't do anything about it. House Speaker is a first class RINO. The only possible way to cut spending is to do it across the board; Rand Paul advocated this years ago. Everyone's ox gets gored; every department and program gets a little less. Start with a 10% cut in the federal government budget and add 1-2% to that every year.
The federal government tax revenues sit at about $5trillion a year. The impact of the house bill is to reduce this by about $500billion. What I'm expecting is that they will use an accounting trick to eliminate the impact of extending the 2017 tax cuts. They will also most likely knock out the SALT deduction changes, as there are no republican senators in the blue states that are pushing for the changes. There is no provision regarding tariffs. This is still left to Trump's emergency orders, rather than codifying them into law.
On the spend side, all of your changes are reasonable, but I agree I don't see them coming in. Any cuts in defense are being offset by additional spending on submarines and golden dome.
I doubt they will take any moves on SSI or Medicare. Medicaid is currently 70% fed, 30% state. I expect this formula will be change to push more to the states. And any other offsets will be eaten up by the increase in DHS to cover immigration, which Trump has said no fiscal limit. Spend whatever it takes. Hiring thousands more ICE.
I remember when the Democrats were the party of tax and spend. The Republicans have become the party of tax cut and spend. There are Republican senators that want to break up the big beautiful bill, but given the reconciliation rules, I doubt they will want to do that more than a couple of times to get this passed. And that includes whatever the final agreement between house and senate. The other possibility is that they end the filibuster. The bill to force California to continue to allow the sale of gasoline vehicles will be the first test on that.
https://www.newyorker.com/magazine/2025/06/02/donald-trumps-politics-of-plunder
The macro issue - "we are a government of billionaires". To most that would seem to describe Russia. It also describes the US today. Do we really think this crowd is going to do anything that will benefit the 90%? https://www.newyorker.com/magazine/2025/06/02/donald-trumps-politics-of-plunder
Surprising that you’re willing to jettison the step-up in basis.