Congressional Budget Office says the "Big Beautiful Bill" would give to the rich and take away from the poor

[martybegan]

They also use Orwellian language like "pay for tax cuts".

GIGO

All the CBO is calculate numbers based on the inputs given.

So of course Dems make assumptions that have no basis in reality and then the CBO spits out the numbers they wanted.

 

[Winston]

The CBO analysis assumes no economic growth due to the tax cuts and simply writes off the tax cut as lost revenue

But that never happens

We should freeze fed spending at current levels and reduce spending 1% across the board each year till the budget is balanced

Yes, that almost always happens at current marginal tax rates.

The Trump Tax Cuts’ Benefits Were Outweighed by Lost Revenue

With some of the law’s provisions set to expire, research offers lessons for lawmakers.

www.chicagobooth.edu

 

[ColonelAngus]

OP masturbates to DEMOCRATS TORTURING BEAGLE PUPPIES.

The beagles faces are getting bitten by flies that lay eggs that turn into worms and EAT THE PUPPIES ALIVE.

Lefties love that shit…it gets them wet and hard.

 

[Oddball]

All the CBO is calculate numbers based on the inputs given.

So of course Dems make assumptions that have no basis in reality and then the CBO spits out the numbers they wanted.

It's also scored statically, which doesn't reflect reality.

 

[kyzr]

...copied from your MSDNC link...

• decrease household resources for the poorest Americans by 2% in the short term, and 4% by 2033 as additional GOP cuts take effect;
• increase household resources for the wealthiest Americans, thanks almost entirely to Republican tax breaks;
• increase the budget deficit by $3.8 trillion;
• take health care benefits from roughly 15 million Americans;
• cut roughly $700 million from Medicaid;
• and cut $267 billion from SNAP (better known as food stamps).

1. Cuts would only affect those who are ineligible for benefits.
2. There is no new tax cut, the tax rates will be extended not cut. Class warfare card played by lying democrat commies.
3. Increases deficit by $380b a year, an amount easily covered by tariffs or growth of revenue
4. Takes healthcare benefits from able-bodied who need to find jobs, their free ride is over.
5. Medicaid cuts are only cutting "waste, fraud, and theft".
6. SNAP? Where is that in the Constitution as a Federal responsibility?

 

[John Edgar Slow Horses]

Yes, the MAGA poor are going to hurt from the bill.

 

[Mac-7]

Yes, that almost always happens at current marginal tax rates.

The Trump Tax Cuts’ Benefits Were Outweighed by Lost Revenue

With some of the law’s provisions set to expire, research offers lessons for lawmakers.

www.chicagobooth.edu

I view corporate taxes as a cost to consumers rather than the businesses

All costs of doing business must be passed along to the consumer or the company goes out of business

 

[whitehall]

The notorious anti-Trump "associated press" interprets the CBO for political reasons. No surprise here. You have to wonder what the CBO thinks of the DOGE findings of reckless spending but the A.P. isn't interested unless it's bad news.

 

[whitehall]

Does MSNBC really think the GOP is hurting Americans when Trump's approval rating is around 55% . Is it for the rich when the bill eliminates the tax on Social Security, tips and overtime? How many rich people depend on Social Security and freaking tips?

 

[Winston]

1. I'm sure no matter what happens to the 1BBB the MSM will be lying their asses off promoting democrats over Republicans in 2026.

Blah, blah, blah, blah

2. The CBO analysis does not include any tariff revenue, which could help balance the budget. The $3.8T deficit is really only $330b a year, easily covered by tariffs or growth.

Tariffs my damn ass. So far this year, tariffs have raised a paltry 50 billion dollars, only 8 billion above what was raised in 2022.

3. No one entitled to Medicaid will lose benefits, only the ineligible will be affected.

Yeah, yeah, and the Tooth Fairy and Santi Claus are coming to my house for dinner tonight.

4. Inflation is dropping not rising. Trump is more popular than democrats. Democrats are still toxic, and will be in 2026.

Inflation is not dropping, it is still there. The rate of inflation has dropped but the price increases from tariffs has not fully kicked in.

 

[Concerned American]

Budget office: Republicans’ megabill would give to the rich and take from the poor

If GOP officials are looking for good news in the Congressional Budget Office's new report on the party's reconciliation package, they won't find any.

www.msnbc.com

At least they are wiping out "welfare." But, boy are they hurting their own cult members. Just think of the bubbas living in rural, run down trailer parks that are going to lose their health benefits and food stamps. Look at their rural supporters, who voted for Trump out of ignorance, losing their ability to live a decent life. Well, you get what you vote for, so no complaining.

Richly deserved by all the maga chumps! Bigly!!!

Amusing, I don't see any of those "bubbas" complaining---only a loud-mouthed, disgruntled socialist on a message board. LMAO, try again.

 

[John Edgar Slow Horses]

Does MSNBC really think the GOP is hurting Americans when Trump's approval rating is around 55% . Is it for the rich when the bill eliminates the tax on Social Security, tips and overtime? How many rich people depend on Social Security and freaking tips?

It is not and will be going down again next month.

 

[martybegan]

Budget office: Republicans’ megabill would give to the rich and take from the poor

If GOP officials are looking for good news in the Congressional Budget Office's new report on the party's reconciliation package, they won't find any.

www.msnbc.com

At least they are wiping out "welfare." But, boy are they hurting their own cult members. Just think of the bubbas living in rural, run down trailer parks that are going to lose their health benefits and food stamps. Look at their rural supporters, who voted for Trump out of ignorance, losing their ability to live a decent life. Well, you get what you vote for, so no complaining.

Richly deserved by all the maga chumps! Bigly!!!

3rd post on this bullshit in less than 2 hours.

 

[C_Clayton_Jones]

1. I'm sure no matter what happens to the 1BBB the MSM will be lying their asses off promoting democrats over Republicans in 2026.

2. The CBO analysis does not include any tariff revenue, which could help balance the budget. The $3.8T deficit is really only $330b a year, easily covered by tariffs or growth.

3. No one entitled to Medicaid will lose benefits, only the ineligible will be affected.

4. Inflation is dropping not rising. Trump is more popular than democrats. Democrats are still toxic, and will be in 2026.

More bad legislation from the right.

Republicans are incapable of sound, responsible governance.

 

[John Edgar Slow Horses]

Still true. GOP are hurting their poor voters.

 

[Winston]

I view corporate taxes as a cost to consumers rather than the businesses

All costs of doing business must be passed along to the consumer or the company goes out of business

That is far too simplistic a view. And the pass it on is sheer bullshit. Did they pass on the savings from the corporate tax cut they got last time? Hell no. It increased rent seeking, increased corporate risk aversion, generated more stock buybacks and market consolidation

 

[C_Clayton_Jones]

Budget office: Republicans’ megabill would give to the rich and take from the poor

If GOP officials are looking for good news in the Congressional Budget Office's new report on the party's reconciliation package, they won't find any.

www.msnbc.com

At least they are wiping out "welfare." But, boy are they hurting their own cult members. Just think of the bubbas living in rural, run down trailer parks that are going to lose their health benefits and food stamps. Look at their rural supporters, who voted for Trump out of ignorance, losing their ability to live a decent life. Well, you get what you vote for, so no complaining.

Richly deserved by all the maga chumps! Bigly!!!

Voting for Republicans is as stupid as voting for Trump.

 

[Meathead]

Budget office: Republicans’ megabill would give to the rich and take from the poor

If GOP officials are looking for good news in the Congressional Budget Office's new report on the party's reconciliation package, they won't find any.

www.msnbc.com

At least they are wiping out "welfare." But, boy are they hurting their own cult members. Just think of the bubbas living in rural, run down trailer parks that are going to lose their health benefits and food stamps. Look at their rural supporters, who voted for Trump out of ignorance, losing their ability to live a decent life. Well, you get what you vote for, so no complaining.

Richly deserved by all the maga chumps! Bigly!!!

OFF! Beat me! Beat me! Make me feel cheap.

 

[kyzr]

Tariffs my damn ass. So far this year, tariffs have raised a paltry 50 billion dollars, only 8 billion above what was raised in 2022.

Here is a credible link that projects about $510b a year after all the new tariffs kick-in. Enough to cover the deficit.

Tariffs are a headache but have a surprise upshot: the U.S. is raking in billions more than expected

Importers stocking up ahead of even-higher levies have given an unexpected boost to the U.S. Treasury.

fortune.com

"Over the next decade, Penn-Wharton projects the U.S. will gain $5.1 trillion in revenue. Even if all that money went to paying down the deficit, however, Smetters suggests it would be an economic loss for the country."

 

[struth]

Budget office: Republicans’ megabill would give to the rich and take from the poor

If GOP officials are looking for good news in the Congressional Budget Office's new report on the party's reconciliation package, they won't find any.

www.msnbc.com

At least they are wiping out "welfare." But, boy are they hurting their own cult members. Just think of the bubbas living in rural, run down trailer parks that are going to lose their health benefits and food stamps. Look at their rural supporters, who voted for Trump out of ignorance, losing their ability to live a decent life. Well, you get what you vote for, so no complaining.

Richly deserved by all the maga chumps! Bigly!!!

Wait this article was written about a bill in the House committee? Talk about putting the cart before the house…what a meaningless article