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Yo_Mama_Been_Loggin

(124,299 posts)
Tue Jun 10, 2025, 02:38 PM Tuesday

Senate GOP deeply divided over cutting cost of 'big booty full bill'

Senate Republicans are deeply divided over how to cut the cost of House-passed legislation to enact President Trump’s agenda, which Elon Musk has attacked as a “mountain of disgusting pork” and fiscal conservatives on Capitol Hill say doesn’t do enough to cut the deficit.

Facing a jittery bond market and scathing criticism from Musk, GOP lawmakers have expanded their search for ways to reduce the deficit by cutting Medicare, the Defense Department and the Federal Reserve — areas of the budget that were considered off-limits just a few weeks ago.

But each new proposal is creating new divisions.

Sen. Josh Hawley (R-Mo.) is warning colleagues to steer clear of cutting Medicare spending, even though proponents of the idea insist it would be targeted only on “waste, fraud and abuse.”

https://www.yahoo.com/news/senate-gop-deeply-divided-over-100000506.html

Go ahead and touch that third rail you stupid fucks.

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Senate GOP deeply divided over cutting cost of 'big booty full bill' (Original Post) Yo_Mama_Been_Loggin Tuesday OP
If you want to find waste, fraud, and abuse, look no further than the tax cuts for the mega rich unblock Tuesday #1

unblock

(55,214 posts)
1. If you want to find waste, fraud, and abuse, look no further than the tax cuts for the mega rich
Tue Jun 10, 2025, 02:44 PM
Tuesday

Rich people and businesses are in the business of making profitable decisions. Tax cuts, generally, merely reward already profitable decisions. They basically don't make unprofitable decisions profitable.

In other words, they largely reward rich people and businesses for doing what they were going to do anyway. That's "waste" exactly.

Yes, *some* tax cuts can make earning in the u.s. more profitable than earning in another country, so it can in theory lead to some businesses "reshoring" or otherwise growing business here instead of elsewhere. But that's a small effect compared to the massive waste involved in just giving money to rich people without even making them do anything different.


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