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

[John Edgar Slow Horses]

Watching Cheers reruns again?

Leave it alone. Harry likes "Cheers."

 

[Billiejeens]

I hope this little story you've brought us is more accurate than some of the other shit you shovel at us.

MSNBC has provided the story - so -----

 

[JimH52]

Leave it alone. Harry likes "Cheers."

Intoxicants do that to you.

 

[Billiejeens]

The Big Beautiful Bill ate my babby!

 

[Billiejeens]

Sounds serious! How huge?

Anyone that made a series of horrible decisions with the outcomes being earning less than $30,000
per year pay nothing or next to nothing -

Any increase would be HUGE~
and fantasy.

 

[dudmuck]

The Big Beautiful Bill ate my babby!

 

[Oddball]

 

[Billiejeens]

Never happened, of course

 

[dudmuck]

Never happened, of course

"We're going to make a couple of tweaks," Trump said of his "one big beautiful bill" during a Tuesday trip to Capitol Hill. "I mean, we don't want to benefit Democrat governors, although I would do that if it made it better, but they don't know what they're doing."

 

[Toddsterpatriot]

I believe the CBO office was clear, the two percent reduction in household wealth to the lowest ten percent of wage earnings can be directly attributed to loss of Medicaid and SNAP benefits. Yet the highest ten percent of income earners see their wealth increase by four percent of their income initially, leveling off to two percent in later years.

And that whole bit about the rich pay the bulk of income taxes, damn skippy, that is a problem. But what the rich won't tell you, they pay far less of their income in taxes than they did before. They damn happy things are the way they are. So that dog ain't going to hunt no more in these woods.

I believe the CBO office was clear, the two percent reduction in household wealth to the lowest ten percent of wage earnings can be directly attributed to loss of Medicaid and SNAP benefits.

Their taxes aren't increasing from the zero they currently pay?

And that whole bit about the rich pay the bulk of income taxes, damn skippy, that is a problem.

The government gets more from them, and a lot less from those at the bottom, so what can you whine about now?

But what the rich won't tell you, they pay far less of their income in taxes than they did before.

They need to be punished, even if it results in less money for the Treasury?
Just to be fair?

 

[John Edgar Slow Horses]

Tax the rich and there will be far more money for the treasury.

 

[Robert W]

Of course, the repubs wanted to pass the bill without the insight of the CBO. But the Dems asked for an analysis. It is no surprise the bill will be opposite of Robin Hood's venture. The repubs, as usual, are shooting themselves in the foot. If this bill passes, as it is, there will be a red bloodbath in 2026, beginning in November in Virginia. This bill, coupled with the inflation expected from trump's tariffs will seal the deal.

It is again MSNBC saying that nonsense. The congress disputes the claims by MSNBC

 

[Robert W]

I believe the CBO office was clear, the two percent reduction in household wealth to the lowest ten percent of wage earnings can be directly attributed to loss of Medicaid and SNAP benefits.

You mean he believes what MSNBC says to his dialogue.

 

[Robert W]

Tax the rich and there will be far more money for the treasury.

John, they tax the living shit out of the Rich. The rest of the USA escapes income taxes John.

 

[John Edgar Slow Horses]

Bob is having trouble with the press.

Tough.

 

[kyzr]

Hate to say to all you Trump fanboys, but you're going got get figuratively ass raped again.
Over 1,000 pages, no spending cuts of any significance, no bureaucracies neutered or eliminated, the SALT provisions will be done away with (thereby restoring a defacto subsidy for high tax states of CA, NY, and IL), $2 trillion deficits for as far as the eye can see, more gimmicks and smoke-filled room payoffs, ad nauseum.
Your wormy and weak Speaker of the House sandbagged you for over three months, only to now run around with his ass on fire because the bill is due....Then this shit heap will get passed onto the Senate, where they'll throw in their customary heaping helping of pork and a few hundred more pages.
Then Trump will come out and sign it without hesitation, and go on about how this fucking travesty is the best thing to happen since pizza met beer. Hate to say that DOGE was all a performance art pro rasslin' side show....Y'all have been had again. That's my opinion, no link required.

The OP linked to the CBO who computed the deficit at $380b a year. Your $2T deficit was Biden's not Trump's.

I agree that there is too much not addressed. My $609b of low hanging waste is

Exclusive | $375B EPA slush fund handled by John Podesta gave billions to charities founded only months earlier

The EPA gave out $20 billion to environmental justice and green credit groups that had barely registered with the IRS.

nypost.com

Administrator Zeldin Terminates Biden-Harris $20B 'Gold Bar' Grants | US EPA

EPA News Release: Administrator Zeldin Terminates Biden-Harris $20B 'Gold Bar' Grants

www.epa.gov

ICYMI: Administrator Lee Zeldin Finds Gold Bars from EPA at Stacey Abrams’ Connected Group, Biden-Harris Ethical Red Flags | US EPA

EPA News Release: ICYMI: Administrator Lee Zeldin Finds Gold Bars from EPA at Stacey Abrams’ Connected Group, Biden-Harris Ethical Red Flags

www.epa.gov

The $42 billion internet program that has connected 0 people

The federal BEAD program makes little sense with the rate of private markets providing internet access.

www.washingtonpolicy.org

DOGE: Department of Government Efficiency

DOGE: Department of Government Efficiency

doge.gov

So added up 375+20+2+42+170 = $609b of democrat theft that needs to be rescinded. So why isn't it done yet?

 

[Oddball]

The OP linked to the CBO who computed the deficit at $380b a year. Your $2T deficit was Biden's not Trump's.

I agree that there is too much not addressed. My $609b of low hanging waste is

Exclusive | $375B EPA slush fund handled by John Podesta gave billions to charities founded only months earlier

The EPA gave out $20 billion to environmental justice and green credit groups that had barely registered with the IRS.

nypost.com

Administrator Zeldin Terminates Biden-Harris $20B 'Gold Bar' Grants | US EPA

EPA News Release: Administrator Zeldin Terminates Biden-Harris $20B 'Gold Bar' Grants

www.epa.gov

ICYMI: Administrator Lee Zeldin Finds Gold Bars from EPA at Stacey Abrams’ Connected Group, Biden-Harris Ethical Red Flags | US EPA

EPA News Release: ICYMI: Administrator Lee Zeldin Finds Gold Bars from EPA at Stacey Abrams’ Connected Group, Biden-Harris Ethical Red Flags

www.epa.gov

The $42 billion internet program that has connected 0 people

The federal BEAD program makes little sense with the rate of private markets providing internet access.

www.washingtonpolicy.org

DOGE: Department of Government Efficiency

DOGE: Department of Government Efficiency

doge.gov

So added up 375+20+2+42+170 = $609b of democrat theft that needs to be rescinded. So why isn't it done yet?

I started a separate thread with that separate train of thought on the Big Beautiful BooFoo-ing and it got merged into this mess.

Regardless, I stand by my opinion that this is yet another massive sandbag job by the RINO swamp and the joke known as "leadership"...Johnsonless is a cuck and the chair needs vacating.

 

[Harry Dresden]

Harry, that is a good one. I your day is going well.

its absolutely true....

 

[kyzr]

I started a separate thread with that separate train of thought on the Big Beautiful BooFoo-ing and it got merged into this mess.
Regardless, I stand by my opinion that this is yet another massive sandbag job by the RINO swamp and the joke known as "leadership"...Johnsonless is a cuck and the chair needs vacating.

1. Don't let the perfect be the enemy of the good. A big step in the right direction either passes or it doesn't
2 Its not Mike Johnson's fault that the Freedom Caucus and blue state Republicans are fighting over SALT
3. Similarly poor red states don't want any Medicaid cuts.
4. Thia is one Budget, if the Freedom Caucus holds their noses and warns Mike that there will be more cuts next time, and passes this one, its a good start.

 

[imawhosure]

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

A fresh analysis from the Congressional Budget Office said the tax provisions would increase the federal deficit by $3.8 trillion over the decade, while the changes to Medicaid, food stamps and other services would tally $1 trillion in reduced spending. The lowest-income households in the U.S. would see their resources drop, while the highest ones would see a boost, the CBO said.

Of course, the repubs wanted to pass the bill without the insight of the CBO. But the Dems asked for an analysis. It is no surprise the bill will be opposite of Robin Hood's venture. The repubs, as usual, are shooting themselves in the foot. If this bill passes, as it is, there will be a red bloodbath in 2026, beginning in November in Virginia. This bill, coupled with the inflation expected from trump's tariffs will seal the deal.

What Jimi fails to clarify is------------------->it gives the rich MORE of their own money, and stops the poor from taking the money from them, lololol. Talk about forced SERVITUDE-)