Republicans Seek to Raise the Debt Ceiling by $4T, and extend $4.5T in Tax Cuts

[Moonglow]

Are you scared about the names of corrupt Congresscritters being released tomorrow? Are you finally going to have to confront some uncomfortable truths about the high priests of your cult?

How about those names?

 

[daveman]

How about those names?

Looks like you'll just have to twist in the wind a while longer.

 

[Independent thinker]

House leadership revealed their plan today on tax cut limits and raising the debt ceiling. $4.5T in total permitted tax cuts, and $4T in new national debt ceiling. Thoughts USMB?

Republicans reveal Trump tax plan will cost US $4.5 trillion

The GOP also seeks an increase in the debt limit by $4 trillion, the budget resolution says.

www.newsweek.com

Read more GOP

and democrats don't want to extend the 2017 tax cuts, which raises taxes on pretty much everyone.

 

[M14 Shooter]

and democrats don't want to extend the 2017 tax cuts, which raises taxes on pretty much everyone.

It lowered taxes* for everyone who pays them, so to eliminate them or let them expire would indeed raise taxes on everyone.

* Taxes: Federal income taxes

 

[John Edgar Slow Horses]

Make the GOP pass their Bill with their own votes, period.

 

[Zincwarrior]

Looks like you'll just have to twist in the wind a while longer.

MAGA doesn't give a shot about the debt .they want those sweet sweet tax breaks for billionaires.

 

[kyzr]

The House just passed the reconciliation Bill.
A very close vote.

 

[daveman]

MAGA doesn't give a shot about the debt .they want those sweet sweet tax breaks for billionaires.

When you get a tax break -- assuming you pay taxes -- are you going to send your own money back to the government?

 

[M14 Shooter]

When you get a tax break -- assuming you pay taxes -- are you going to send your own money back to the government?

Not a single person complaining about tax cuts and federal deficits sends a penny of their tax cut back.
Their complicity makes them as bad as they people they complain about.

 

[Zincwarrior]

When you get a tax break -- assuming you pay taxes -- are you going to send your own money back to the government?

All $2 I am sure.

 

[M14 Shooter]

All $2 I am sure.

Ah. You're among the 47% or so of Americans that does not make enough to pay federal income tax.

 

[Zincwarrior]

Ah. You're among the 47% or so of Americans that does not make enough to pay federal income tax.

I definitely pay fed income tax

 

[M14 Shooter]

I definitely pay fed income tax

Then your Trump tax cut exceeded $2.
Probably greatly.

 

[Zincwarrior]

Then your Trump tax cut exceeded $2.
Probably greatly.

No nearly as much as the wealthy.

 

[M14 Shooter]

No nearly as much as the wealthy.

Just so its clear -- your "all $2 I am sure" quip was talking-point nonsense.

 

[YoursTruly]

House leadership revealed their plan today on tax cut limits and raising the debt ceiling. $4.5T in total permitted tax cuts, and $4T in new national debt ceiling. Thoughts USMB?

Republicans reveal Trump tax plan will cost US $4.5 trillion

The GOP also seeks an increase in the debt limit by $4 trillion, the budget resolution says.

www.newsweek.com

Read more GOP

This proves that Trump isn't the fiscal conservative that his supporters thought he was, this time.
He's a POS RINO. A big spending RINO. Just like Johnson.

 

[Zincwarrior]

Just so its clear -- your "all $2 I am sure" quip was talking-point nonsense.

Any tax break the non wealthy get will be statistically meaningless. Meanwhile the deficit is blown out, Medicaid, Social Security and Education get hammered.

 

[whitehall]

Why isn't that good news to all Americans? The hypocrite TDS left seems to be against the DOGE effort to trim the cost of government but at the same time they are against raising the debt ceiling.

 

[M14 Shooter]

Any tax break the non wealthy get...

None of this changes the fact your your "all $2 I am sure" quip was talking-point nonsense.

Meanwhile... Medicaid, Social Security... get hammered

Tell us why you believe cuts to federal income tax rates affect SS and medicare funding.

 

[Zincwarrior]

None of this changes the fact your your "all $2 I am sure" quip was talking-point nonsense.

Tell us why you believe cuts to federal income tax rates affect SS and medicare funding.

Because they have to pay for it. I know math is hard for MAGAs. Evidently deficits only matter during Democrat regimes.