Walmart Says It's Raising Prices Because of Trump's Tariffs

Yeah, cutting the budget can result in economic harm.

Cut Medicaid and next thing you know hospitals in a rural community closes which results in lots of lost jobs.

Cut USAID and the humanitarian aid contracts dry up which are largely sourced domestically.

Cut federal loan programs and investment in risky energy projects disappears.

Not that it shouldn’t happen because we have a lot of debt. I think we should cut spending and raise taxes to close the deficit. That’s going to negatively affect the economy but we don’t have a lot of choice.

My main point is that Trump didn’t do that. He cut taxes, increased spending and deficits ballooned.

And he STILL had pretty only modest economic growth.
I checked the Congressional Budget office and at the time of my post, they still have not checked out the impact of the house approved budget. The talking heads are lying to us all since they can't perform nearly as well as the CBO can.
 
I checked the Congressional Budget office and at the time of my post, they still have not checked out the impact of the house approved budget. The talking heads are lying to us all since they can't perform nearly as well as the CBO can.
Well..we do have this eh?


CBO estimates that if the legislation was enacted, U.S. households, on
average, would see an increase in the resources provided to them by the
government over the 2026–2034 period. The changes would not be evenly
distributed among households. The agency estimates that in general,
resources would decrease for households in the lowest decile (tenth) of the
income distribution, whereas resources would increase for households in
the highest decile.


The total effects reported in this analysis for the 2026–2034 period include
the following:
• An increase in the federal deficit of $3.8 trillion attributable to tax
changes, including extending provisions of the 2017 tax act, which
includes revenues and outlays for refundable credits.
• $698 billion less in federal subsidies from changes to the Medicaid
program.
• $267 billion less in federal spending for SNAP.
• $64 billion less in spending, on net, for all other purposes. That
includes increases in outlays for defense, immigration enforcement,
and homeland security. Those are offset by reductions in federal
pensions, receipts from spectrum auctions, and changes in receipts
and outlays associated with changes to emissions regulations.
• $78 billion in additional state spending, on net, accounting for
changes in state contributions to SNAP and Medicaid and for state
tax and spending policies necessary to finance additional spending.
 
Well..we do have this eh?


CBO estimates that if the legislation was enacted, U.S. households, on
average, would see an increase in the resources provided to them by the
government over the 2026–2034 period. The changes would not be evenly
distributed among households. The agency estimates that in general,
resources would decrease for households in the lowest decile (tenth) of the
income distribution, whereas resources would increase for households in
the highest decile.


The total effects reported in this analysis for the 2026–2034 period include
the following:
• An increase in the federal deficit of $3.8 trillion attributable to tax
changes, including extending provisions of the 2017 tax act, which
includes revenues and outlays for refundable credits.
• $698 billion less in federal subsidies from changes to the Medicaid
program.
• $267 billion less in federal spending for SNAP.
• $64 billion less in spending, on net, for all other purposes. That
includes increases in outlays for defense, immigration enforcement,
and homeland security. Those are offset by reductions in federal
pensions, receipts from spectrum auctions, and changes in receipts
and outlays associated with changes to emissions regulations.
• $78 billion in additional state spending, on net, accounting for
changes in state contributions to SNAP and Medicaid and for state
tax and spending policies necessary to finance additional spending.
You left out the vital part of the report. It is preliminary!!!

"This analysis includes most, but not all, provisions of the bill. The analysisexcludes the effects of part 2 of subtitle D (Affordable Care Act) of thereconciliation recommendations of the Committee on Energy andCommerce, all the recommendations of the Committee on Education andWorkforce, and any provisions not allocated in JCT staff’s distributionalanalysis of the recommendations of the Committee on Ways and Means.2 Italso excludes interactions between the titles of the recommendations."
 
I will try my best to explain things about Government you apparently don't understand.
Think of the Kentucky Derby. A bunch or horses have jockeys on their backs. And as the gate opens, the winner might not be in front. At the end is the winner.
Congress is like the Jockeys. And they only control the horse slightly. Yet a winner ends up winning. Trump can't control all of the congress. The economy heads down the road. The economy and not Trump decides the outcome.
So, thrills won’t effect the economy?! Is this from the Krusty the Klown School of Economics?!
 
He’s more aggressive with tariffs, until he realized that was going to crater the economy and then bailed.

But the deregulation, and tax cuts were done under the first Trump administration. You’re claiming this is going to lead to economic prosperity but it didn’t do much the first time you tried it. Why not?
You mean you gave Trump credit in your post, and this for being wise in his dealings by saying that he basically "knows when to hold them, and knows when to fold them, and knows when to walk away when the dealings done ?

You are slipping... 😆
 
Are your taxes going down ... didn't think so ... looks like we've been fooled again ...
As prices go down it's the same thing. No new taxes means also that the tax cuts done during his term in 2016 will remain intact. Now quit fooling around and playing social engineering politics, and get the big beautiful bill passed.
 
Are your taxes going down ... didn't think so ... looks like we've been fooled again ...
They are all about to go up if this bill doesn’t pass. And EVERY Dimwinger voted against it.

Why does your Cult want to raise taxes on the poor, middle class, minorities, the GBLP47$*!%BR549 community, and puppies?
 
They are all about to go up if this bill doesn’t pass. And EVERY Dimwinger voted against it.

Why does your Cult want to raise taxes on the poor, middle class, minorities, the GBLP47$*!%BR549 community, and puppies?

Mainly to pay off this $36 trillion debt ... "poor, middle class, minorities, the GBLP47$*!%BR549 community, and puppies" can't afford strong lobbying groups ... how is that The Rich's fault? ...

... and what's the point of being Rich if you have to pay taxes ... like some Middle Class slob ... and if the Middle Class votes for higher taxes, who are you to say no? ...

Republicans and Democrats have fooled you again ... if you act like a flatlanding cityslicker, you'll be treated like a cityslicking flatlander ... for 250 years, you've enjoyed it, what's different now? ...
 
They are all about to go up if this bill doesn’t pass. And EVERY Dimwinger voted against it.

Why does your Cult want to raise taxes on the poor, middle class, minorities, the GBLP47$*!%BR549 community, and puppies?
It's their same bull chit tactic that they had tried using in their anti-Trump border skirmish early on concerning the border, otherwise when saying that they had a better bill than the Republicans had, but the Republicans wouldn't get on board because Trump suggested they not fall victim to the Democrat schemes and bull chit tried for political purposes. All proven to be bull chit what the Democrats were pulling, and especially after seeing that all that was needed was a new president.
 
They are all about to go up if this bill doesn’t pass. And EVERY Dimwinger voted against it.

Why does your Cult want to raise taxes on the poor, middle class, minorities, the GBLP47$*!%BR549 community, and puppies?
Your flatulent overfed blubbering fool who's ass you love will cause prices to rise thanks to his import taxes, MAGA tool.

How long you figure it will take Apple to build a factory here to build the IPHONES that your assbuddy is raaaaaaaanting about? Ten years? Or hasn't your Dear Leader spoonfed that info to you yet?
 
Your flatulent overfed blubbering fool who's ass you love will cause prices to rise thanks to his import taxes, MAGA tool.

How long you figure it will take Apple to build a factory here to build the IPHONES that your assbuddy is raaaaaaaanting about? Ten years? Or hasn't your Dear Leader spoonfed that info to you yet?
Matters not how long it takes, because it's supposed to be a turn for the better. You and your idiot anti-American Democrats should be on board with it instead of fighting against the corrections that should put the nation back on track.

That's all you knuckleheads do is try to bring the nation down if you can't get your petulant ways.
 
Matters not how long it takes, because it's supposed to be a turn for the better. You and your idiot anti-American Democrats should be on board with it instead of fighting against the corrections that should put the nation back on track.

That's all you knuckleheads do is try to bring the nation down if you can't get your petulant ways.
Oh boy! We can't wait till "Tim Apple" in ten years opens a facility to manufacture IPhones. Enjoy your fantasy.
 
15th post
Oh boy! We can't wait till "Tim Apple" in ten years opens a facility to manufacture IPhones. Enjoy your fantasy.
Your assumption of taking back power in hopes to destroy all the gains about to be made is truly amazing, especially looking at you crazie's dismal record and approval ratings.

Hopefully the country will insulate itself from your screwed up party.
 
Your assumption of taking back power in hopes to destroy all the gains about to be made is truly amazing, especially looking at you crazie's dismal record and approval ratings.

Hopefully the country will insulate itself from your screwed up party.
How bad you think Trump, his W.H. crew of self serving lackeys & his HOR & Senate asseater's are going to get way with ******* over the working class before people wise up & say they've had enough?

Here's a hint. Apple will NEVER, I mean NEVER build a plant in this country to build anything despite that jerkoff Trump's rants.
 
How bad you think Trump, his W.H. crew of self serving lackeys & his HOR & Senate asseater's are going to get way with ******* over the working class before people wise up & say they've had enough?

Here's a hint. Apple will NEVER, I mean NEVER build a plant in this country to build anything despite that jerkoff Trump's rants.
As if Apple is the hinge that holds the door in which opens to the nation's prosperity and future.. rotflmbo 🤣

Are you people drinking early or something ?
 
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