The new budget would cut taxes (for the rich) - and INCREASE spending
This is for those who still think all this chaos is about cutting spending. The new budget proposal increases spending. Like I told you.
For those who can’t read it:
“ This $5.8 trillion addition to the deficit (plus interest) would exceed the cost of the 2017 tax cuts, 2020 CARES Act, 2021 American Rescue Plan, and 2021 Bipartisan Infrastructure Law—combined.”
BTW, the author is from the Manhattan Institute, a very conservative think tank.
Link: https://www.theatlantic.com/economy/archive/2025/04/congressional-republicans-might-set-off-debt-bomb/682567/
Replies to: The new budget would cut taxes (for the rich) - and INCREASE spending
Who would have thunk it, right?
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If true, that would be more of the same, which would be disappointing. We'll see what happens.
Spending needs to decrease.
As I've been saying forever, a 3rd option is desperately needed.
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True.
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Will never happen.
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True. Although Trump is kind of a third option; not typical GOP.
I'm willing to give him 4 years to try something different. We know conventional Dem/GOP approaches won't work. Might as well try something else.
I’m sure no one predicted this to happen before the elections.
It’s almost like DJT had done this before.
Tariffs are taxes... and these hit the middle and lower classes the hardest.
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According to Trump and Howard Lutnick the Tariff Strategy is to bring millions of Robot jobs to
America...human workers...not so much. How many times do MAGAs need to be told...Trump has no interest whatsoever in anyone who isn't a billionaire who can help HIM.
Link: https://www.youtube.com/shorts/38R81esuNEs?feature=share
THAT is happening anyway.
We are snowballing downhill to a WALL-E future.
Link: https://www.youtube.com/shorts/pMssaxCRH-c
It’s a golden era dude!
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Also not true.
Why would anyone be against reciprocal tariffs?
Reagan was! But I suppose he was a RINO.
Of course, every Republican other than Trump was RINO... especially the party's founder, Abraham Lincoln.
Link: https://www.snopes.com/fact-check/ronald-reagan-demagogues-trade-war/
I guess you did not read the article.
Key phrase:
“The freer the flow of world trade, the stronger the tides for human progress and peace among nations.”
I'm all in on that.
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…and they will make the deficit much worse
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Real Republicans need to grow a couple and provide guardrails for Trump's mood swings.
All it takes is a few to apply the brakes to the insanity.
How about just voting to impeach him in 2021 for his role in the attack on the Capitol?
Would have stopped him from running.
But you know, woke, trans, and DEI are the most important things.
You should be thrilled with all his winning in those areas.
No it would not, it keeps the 2017 tax cuts the same.
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