This is more than the general republican wish to hurt poor people to help the wealthy. This is about the tRump tax cut give aways to the very wealthy in the US costing the add of 8 trillion to the national debt. The republicans wrote the bill so the minor cuts to the lower income’s taxes sunset with in a couple years, but the wealthy people got to keep theirs for ten years. Now they are due to sunset and the government will receive a huge influx of revenue again to pay the bills of running a country, paying for the world’s largest bloated military, and to help the poorest people in the country survive with some dignity. But tRump and the republicans are determined to make those cuts permanent and never ending while constantly pushing for more cuts to their taxes. Their goal is to push the entire cost of running the government on to those least able to pay for it, the lower incomes while the upper incomes pay little to nothing. Then using the complaints of the people that their taxes are too high they will cut social services and the social safety nets for the poorest among us including the elderly and disabled. Plus they will stop funding road repairs and other infrastructure projects and when people complain will privatize the roads, selling sections to companies who will be able to charge tolls of any amount they wish to make profit off the public needing to get somewhere. How we stop them I don’t know. Idiots worried about the price of eggs bought every lie tRump made about how he was going to magically bring all the prices down to 2020 levels … when the stores were empty and we had no toilet paper. Now he admits that he can not and will not be lowering prices, and the cult is not getting upset about being lied to by the leader of their cult. Hugs
lawmakers estimating Trump’s domestic policy agenda — including tax cuts and border security proposals — costing as much as $10 trillion over the coming decade.
House Republicans are passing around a “menu” of more than $5 trillion in cuts they could use to bankroll President-elect Donald Trump’s top priorities this year, including tax cuts and border security.
The early list of potential spending offsets obtained by POLITICO includes changes to Medicare and ending Biden administration climate programs, along with slashing welfare and “reimagining” the Affordable Care Act.
Five people familiar with the document said those provisions are options to finance Republicans’ massive party-line reconciliation bill or other spending reform efforts, including those being spearheaded by the so-called Department of Government Efficiency.
The people, granted anonymity to discuss closed-door negotiations, said that the list originated from the House Budget Committee, chaired by Rep. Jodey Arrington (R-Texas). Republicans involved in the reconciliation plans have been generally targeting the listed programs for several months, but internal GOP fights over trillions of dollars in potential cuts are just beginning.
The overall savings add up to as much as $5.7 trillion over 10 years, though the list is highly ambitious and unlikely to all become law given narrow margins for Republicans in the House and Senate.
Cuts to Medicaid, the Affordable Care Act and the country’s largest anti-hunger program would spark massive opposition from Democrats and would also face some GOP resistance. House Speaker Mike Johnson can’t afford any Republican defections if he wants to pass a package on party lines.
Even proposed cuts to green energy tax credits, worth as much as $500 billion, could be tricky — as the document notes, they depend “on political viability.” Already 18 House Republicans — 14 of whom won reelection in November — warned Johnson against prematurely repealing some of the IRA’s energy tax credits, which are funding multiple manufacturing projects in GOP districts.
A House GOP source said that the “document is not intended to serve as a proposal, but instead as a menu of potential spending reductions for members to consider.”
Johnson and GOP leaders are hunting for trillions of dollars in cuts, with lawmakers estimating Trump’s domestic policy agenda — including tax cuts and border security proposals — costing as much as $10 trillion over the coming decade.
Johnson, with scores of House Republicans this week to chart the way forward, and groups of GOP members are set to meet with Trump in Florida this weekend.
In addition to Medicaid and ACA cuts, the document floats clawing back bipartisan infrastructure and Inflation Reduction Act funding.
One senior GOP lawmaker, asked if there were any particularly controversial spending offsets dividing Republicans, replied: “They all feel pretty controversial.”
Johnson agreed to make $2.5 trillion in spending cuts through the budget reconciliation process as part of last year’s government funding negotiations. Asked in a brief interview Wednesday evening if he was targeting $5 trillion in spending offsets, he replied, “Not sure yet.”
The policy menu suggests Republicans could capture major savings from Medicaid — up to an estimated $2.3 trillion. The list includes so-called per-capita caps on Medicaid for states, meaning the program would be paid for based on population instead of being an open-ended entitlement, and would institute work requirements in the program.
The list also includes a policy to equalize payments in Medicaid for able-bodied adults with those of traditional Medicaid enrollment — those with disabilities or low-income children, which would save up to $690 billion.
It would “recapture” $46 billion in savings from Affordable Care Act health insurance plan subsidies, which are set to expire at the end of the year, setting up a major policy battle. It would also limit eligibility for plans based on citizenship status.
Also on the chopping block are President Joe Biden’s climate policies, which are estimated to yield as much as $468 billion. That includes Trump’s repeated promise to repeal Biden’s “EV mandate,” as well as discontinuing “Green New Deal” provisions from the bipartisan infrastructure law and green energy grants from the IRA.
The green energy cuts could be particularly tricky from a political perspective. GOP lawmakers have long backed some technologies supported under the climate law, including supporting hydrogen, biofuels and carbon capture.
She explains how the equation makes it simple, you can not cut your way out of the debt problem as it is a revenue issue. The country needs to take in more money. How does the country take in money, taxes. The poor are already taxed out, but there is a group whose taxes keep getting cut, they will have to pay more. Oh listen to the ones with more money than they will ever need cry about that idea. They would prefer the debt than pay an extra nickle. Hugs
Notice that while claiming the debt is too high tRump and crew are still trying to make permanent the huge tax cut to the wealthy give during tRump’s first term that added nearly 8 trillion in debt. Plus these people claim there is no money yet always find more for the military, increasing the profit of the defense contractors / companies that not only give them large donations but that the congress people have stocks in. They also never talk of why there is not enough money … the constant push to cut all the government’s revenue from those with the most money, the wealthy and large corporations. The greatest times of property for the public and the country was when taxes were high on the wealthiest people and corporations, why because they have all the money and can afford the tax.
Then Reagan began the shifting the tax burden from those most able to pay to the poorest members of society, those with no ability to pay. Suddenly the country went from a boom in infrastructure and ways to increase financially upward mobility for the middle class to a system of oppression and drudgery for the lower incomes while the upper incomes lived in untold luxury.
The republicans pushing for European countries to pay more for NATO was recently explained on a Sunday news show as the Senator said that by forcing the European governments to pay more for defense it would lower what they would be able to do for social welfare programs for the public. Why do the republicans in the US want the rest of the developed nations to lower the spending on their people? Because the people in the US constantly can see now that other countries can do it, that other countries take care of their public, the people living there. The US gives billions to Israel which has free healthcare, something these same politicians say we can not afford in the US. Profit is king in the US, people are expendable. Hug
“We all agree this is an unsustainable area that we’re in right now — almost $36 trillion in debt and we are spending more on the interest on our debt than we are going to spend on the National Defense Authorization Act this year. Over a trillion dollars.
“And so we’ve got to right the ship and it’s going to mean cuts. It’s going to mean cuts to the 24% of the discretionary spending that we have and it’s also going to mean looking long-term at the front end of some programs like Social Security and Medicare.
“Not taking anyone off of what they paid into so far. But there is some waste, abuse and fraud in Medicare that we can take those numbers back and add to our general coffers and our treasury.
“And on the front end on Social Security, I think there’s a way, when people are living longer, they’re retiring later, then on the front end we can move that retirement age back a little bit.” – GOP Rep. Mark Alford, today on Fox.
Alford appeared here last week when he called for impeaching “full of slime” Biden. Alford, a freshman and former TV reporter, appeared here in December 2023 when he introduced a bill seeking to defund the Pentagon’s investigation into white supremacist service members.
Rep. Mark Alford: "It's gonna mean cuts to the 24 percent of the discretionary spending that we have. And it's also going to mean looking long term at the front end of some programs like Social Security and Medicare … we can move the retirement age back a little bit."
and forcing congress to fund all of the I.O.U.s they put into the social security trust fund when they took money from it to fun the budget instead of raising taxes. A one time surcharge on billionaires should take care of it.
Do Republicans REALLY wanna dance on that third rail, given how they barely control the House already? Y’all wanna test your whole “but we have a mandate” bullshit?
But don’t forget decades ago bothsides of the isle in congress took large amounts of money from the Trust Fund so they didn’t have to raise taxes. It was Gore in 1999 when he was campaigning that he promised to put the Trust Fund in a ‘locked box” to protect it. But , too little, too late.
“But we still need to give millionaires, billionaires, and soon-to-be trillionaires more tax cuts because they need it, and cutting SS and Medicare is how we’ll pay for it.”
This is something that a lot of people get wrong because the US debt is never explained. The US debt is held in bonds which anyone can invest in. Yes, it’s technically borrowing, but it’s borrowing like one lends money when they invest in even a 401k or savings account. That money earns interest. And the money “borrowed” from social security is really that the social security fund is held in interest-bearing bonds. What republicans want to do is cut medicare and social security so they don’t have to make good on those bonds.
How about taking away the pensions, tax benefits, security, and health insurance benefits of retired Congresscritters? They’re typically all wealthy, and are a drain on the budget. Hey, if we are all expected to tighten our belts, these fuckers should lead the way.
Scottie's Playtime 