Trump has morphed into W on steroids, when we needed Ross Perot
- Thread starter TarHeelEer
- Start date
Junior high civics - if you don't give the government money by paying taxes, they put you in prison.
Did you really just pretend the American taxpayers can stop giving the government? Wow.
They sure are but that changes nothing about what I said.
It was a talking point and you fell for it.
Dropping taxes on tips, overtime, and whatever else Trump threw up against the wall amounts to $319 billion per year. $319 billion is certainly not "no difference".
Agree here! My point is, you can't even begin to discuss significant spending cuts without additional revenues coming in replacing what you're proposing to cut. Again, we don't have a revenue problem...we have a spending problem.
Everything you said here is spot on, we just need more representatives with courage and the guts to make the tough choices on cutting the spending, and less whining from folks with their hands outstretched waiting for "goodies" from the politicians promising more of them!
Get a damn job...earn your own "goodies" and stop expecting hard working taxpayers to bail your greedy asses out!
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Under what economic model have you studied where tax increases lead to an expanding economy? Your whole premise is faulty, so the rest of your argument to me at least, falls on deaf ears. You and I only agree that certainly we need to cut more spending. I am dead set against any more tax increases...my Lord they collect almost 6 trillion from us already! How come that's not enough?
US Federal Budget 2025: Spending, Revenue, and the $1.8 Trillion Deficit
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Total spending is $7 trillion. Around $1 trillion is interest on the debt. This number will explode over the next 10 years without changes now.Under what economic model have you studied where tax increases lead to an expanding economy? Your whole premise is faulty, so the rest of your argument to me at least, falls on deaf ears. You and I only agree that certainly we need to cut more spending. I am dead set against any more tax increases...my Lord they collect 7 trillion from us already! How come that's not enough?
US Federal Budget 2025: Spending, Revenue, and the $1.8 Trillion Deficit
They collect around $4.5 trillion from us, with a deficit of around $2.5 trillion.
We have 3 choices:
1) Do nothing - We default or print shitloads of money within the next 10 years, our entire world changes.
2) Don't raise taxes. That gap between spending and revenue needs to be shortened. How much of what do you want to cut? Defense? Medicaid? Medicare? SS? You essentially have to get rid of 2.5 of those spending buckets. Oh, I forgot to mention, servicing the debt can't be removed, and will only increase in size.
3) Cut spending and raise taxes. No, tax increases certainly won't grow the economy, but it will grow revenue, as long as you don't increase them too much. A balance of spending cuts and tax increases to meet halfway is the answer.
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Trump got elected primarily to do 2 things. Fix the stagnant economy (through tax & regulation cuts, and cheap abundant energy) and fix our open border (by increasing enforcement, deportations, & finishing the wall). That's what he promised, that's why he was elected in a near landslide & that's exactly what this BBB does!
If you had run against Trump promising your "pain" through additional taxes to fix the economy, cutting spending through Medicare, Social Security & Defense...you not only would have lost in a bigger landslide....your candidacy would have been laughed off the debate stage.
Tax cuts, border enforcement, a stronger defense and fiscal restraint will get us moving in the right direction. No one expects balanced budgets overnight, or entitlement reforms without a long protracted fight. However if this BBB doesn't pass, every other scenario (good or bad) flies out the window because this economy will crash and it won't matter what the deficits are when that happens.
I Pray it passes, because the alternative is too much to even imagine based on how screwed up we already are.
Trump got elected primarily to do 2 things. Fix the stagnant economy (through tax & regulation cuts, and cheap abundant energy) and fix our open border (by increasing enforcement, deportations, & finishing the wall). That's what he promised, that's why he was elected in a near landslide & that's exactly what this BBB does!
If you had run against Trump promising your "pain" through additional taxes to fix the economy, cutting spending through Medicare, Social Security & Defense...you not only would have lost in a bigger landslide....your candidacy would have been laughed off the debate stage.
Tax cuts, border enforcement, a stronger defense and fiscal restraint will get us moving in the right direction. No one expects balanced budgets overnight, or entitlement reforms without a long protracted fight. However if this BBB doesn't pass, every other scenario (good or bad) flies out the window because this economy will crash and it won't matter what the deficits are when that happens.
I Pray it passes, because the alternative is too much to even imagine based on how screwed up we already are.
So anyways...
When we default, the impact will be immediate and extreme: Stocks and bonds will plummet globally. Scarcity will be the word of the millennium. Your value will be measured by what you provide or what service you can perform. If you don't have skills and/or resources that benefit your local community, you will perish.
US Treasury notes and coins will not be what is used for barter. I don't know what it will be. It might be bottlecaps like Fallout predicts, who knows. If a country hadn't brought on a global nuclear war before this moment in time, it's liable to happen anywhere at any time, because regimes will fall as their sources of power crumble, and who lays their hands on nukes at any time...
If you live in urban or suburban America... good luck. Your area doesn't have the resources to be able to provide anything useful for survival. You should research where your loot drops are in order to evacuate that area to one with better resources. You will have to conduct immoral actions to survive, if you want to survive. Keep in mind, the owners of said resources will be conducting moral actions when they remove you from this earth.
Gangs will leave the cities and attempt takeovers of rural lands. Some will be successful. Most won't.
Small gangs or militias will be the only signs of order within the anarchy. As time goes on, those will fight to determine top dog. If you live within one of these territories, they will either collect a tax from you for "protection", or consider you a loot drop in the first place.
The internet will be gone. Municipal electric, water, gas, and sewage, gone. Not only is your US dollar worthless, but so is your Bitcoin. If you build a fire at night, it's bound to get someone's attention. If you shoot a gun, same. Some will get so desperate as to adopt cannibalism.
I'm sure glad the Boomers were able to collect SS starting at 62 years old. Look what awaits us.
Good Lord @Tarheel that scenario reads like an episode on TNT's "Living Dead"
I predict this BBB will pass. It will contain the largest tax cuts in American history. It will spur economic growth, as well as increase revenue to the Treasury.
What I can't predict is what happens to our deficits even with these proposed cuts and increased revenues? I hope that we voters who are paying for everything will insist on fiscal restraint, accountability, and ultimately government living within the financial means we as taxpayers provide.
I like my scenario more than yours btw!
Both scenarios are very realistic at this time. Math doesn't care about your politics.I like my scenario more than yours btw!
That's true, however Politics doesn't depend on Math either. Let's hope for the best, but remain vigilant against the worst.
This year IMO is the last chance. Over $1 trillion debt interest load per year is unsustainable, 80% confidence. The bond sale in August will be my final determining factor to make it 100%. I suspect we will see another huge jump in yields, probably above 5% for good.
I remain vigilant against, until it's too late. Then I only prepare.
FWIW I do remember back in the mid-to-late 80's to mid 90's when we were being warned that 2 trillion in debt was "unsustainable". Remember that? (we were also being told that we'd be underwater from "Global warming" melting the polar ice caps by 2000)
Now we're sitting at a 37 trillion dollar debt, and we're still on dry land!
None of the debt is acceptable, however our economy has proven to be resilient even through the global warming scam, & the most recent Covid scam where we voluntarily shut down over nothing more than a giant health scare!While I share your concerns over this mounting debt, I'm also looking at something like 10 trillion in new investment dollars which have been pledged to this country over the next couple of years, as well as our economy which is poised for the next level of wealth generation from promising new "AI" technologies and low cost abundant energy.
We do have to get our fiscal house in order, and I'm thankful to Trump for at least establishing that fact and starting a serious discussion over how best to do that even if he's been unable at this point to offer the perfect prescription to fix it.
Debt by Year (in Trillions and % of GDP)
| 1984 | $1,572 | 38% | Increased defense spending |
| 1985 | $1,823 | 41% | |
| 1986 | $2,125 | 46% | Reagan lowered taxes |
| 1987 | $2,350 | 48% | Market crash |
| 1988 | $2,602 | 50% | Fed raised rates |
| 1989 | $2,857 | 51% | S&L Crisis |
| 1990 | $3,233 | 54% | First Iraq War |
| 1991 | $3,665 | 58% | Recession |
| 1992 | $4,065 | 61% | |
| 1993 | $4,411 | 63% | Omnibus Budget Act |
| 1994 | $4,693 | 64% | Clinton budgets |
| 1995 | $4,974 | 64% | Welfare reform gets voted on in '96 |
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Nice try. You said something stupid and are trying to pass it off. At least you didn't use the tried and true "I was joking" this time so good job there.
Stop changing the subject. We are talking about taxes on tips which generates so little revenue for the IRS, it isn't even worth talking about. You tried to save face by adding everything else in the BBB to try to make a point.
Trump played you. Again.
It includes $1.7 trillion in mandatory savings, the most in history.
If you care about deficits and debt, this bill dramatically improves the fiscal picture.
I'm no fan of raising the debt ceiling and I'm always in favor of cutting spending.
But there are certain realities you have to come to terms with.
This is a reconciliation bill which deals with mandatory spending, DOGE cuts would affect discretional spending therefore could have never been included in this bill.
Furthermore, on top of cementing Trump's tax cuts, and funding desperately needed immigration measures, the bill is a major cut to entitlements ($1.6T).
If you wait to introduce any of these measures in an appropriations bill not a single one would get through because you'd need a 60 vote majority, and you'd still end up with an increase in the debt ceiling.
This bill provides a real opportunity at enshrining pro-growth policies so we can start reducing the debt to GDP ratio which is the ultimate goal.
charliekirk11
Here are 50 MAJOR wins from Trump’s Big Beautiful Bill that the media is ignoring
1. No taxes on tips — servers, bartenders, and bellhops just got a raise Promises made, promises kept
2. Made Trump tax cuts permanent — Biden wanted them to expire.
3. Child tax credit raised to $2,500
4. Overtime pay tax-free — work hard, actually keep more.
5. $1.6 trillion in spending cuts — the largest rollback of government bloat in U.S. history.
6. Work requirement for welfare — able-bodied? Then get off the couch.
7. Deporting 1 million illegal immigrants per year — no more catch and release.
8. Builds the wall—finishes it — 701 miles of serious border protection. Massive!
9. 10,000 new ICE agents — law and order at the border. Huge!
10. Eliminates Medicaid for illegal aliens — American benefits for Americans.
11. “Trump Savings Accounts” for kids — build generational wealth from birth. Game changer.
12. Slashes IRS funding — no more 87,000 new agents breathing down your neck.
13. Green New Deal defunded — no more money for solar BS.
14. Energy production unleashed — back to drilling, fracking, etc.
15. Tariffs on Chinese-built ships — protect American shipbuilders.
16. Buy American, build American — required on all infrastructure projects.
17. Estate tax protections expanded — family farms and businesses stay in the family.
18. Repeals DEI mandates — merit matters again. DEI is dying.
19. Bans taxpayer-funded gender ideology in federal agencies.
20. Military pay raise + benefits boost
21. National missile defense (“Golden Dome”)
22. HSA accounts expanded — use them for direct primary care.
23. School choice tax credits — parents, not unions, control education. Historic!
24. Feds barred from mandating pronoun usage.
25. Medicaid block grants to states — local control, not DC strings. Saves hundreds of billions.
26. Revives apprenticeship programs — college not required to succeed. The cartel hates this.
27. 1% of exports must ship under U.S. flag
28. Mandates voter ID for federal elections.
29. Ends ESG mandates in retirement accounts
30. Cracks down on Big Pharma middlemen
31. Bans drag shows for kids at federally funded venues.
32. Fires the climate cult from federal boards
33. Veterans get priority housing access
34. Tax credit for buying American-made vehicles
35. Stops Chinese ownership of U.S. farmland — our soil is finally protected!.
36. Bans CRT from federal training programs.
37. Ends taxpayer-funded abortions abroad. And defunds planned parenthood!
38. Guts federal diversity czars — cuts the bloated bureaucracy.
39. Revives the Keystone XL pipeline .
40. Eliminates federal COVID emergency powers
41. Enacts Social Security tax cuts for seniors.
42. Defends religious liberty in the workplace
43. Restores due process on college campuses.
44. Massively expands trade school funding
45. Outlaws federal funding for gender transitions for minors.
46. Creates nationwide “patriot curriculum” grant fund
47. Halts funding to the UN’s woke agenda arms.
48. Tax breaks for adoption and large families.
49. Increases penalties for fentanyl trafficking — life in prison for cartels.
50. Restores cash bail in federal jurisdictions — no more revolving-door criminals.
And this is just a taste.
Promises made, promises kept.
Here are 50 MAJOR wins from Trump’s Big Beautiful Bill that the media is ignoring
1. No taxes on tips — servers, bartenders, and bellhops just got a raise Promises made, promises kept
2. Made Trump tax cuts permanent — Biden wanted them to expire.
3. Child tax credit raised to $2,500
4. Overtime pay tax-free — work hard, actually keep more.
5. $1.6 trillion in spending cuts — the largest rollback of government bloat in U.S. history.
6. Work requirement for welfare — able-bodied? Then get off the couch.
7. Deporting 1 million illegal immigrants per year — no more catch and release.
8. Builds the wall—finishes it — 701 miles of serious border protection. Massive!
9. 10,000 new ICE agents — law and order at the border. Huge!
10. Eliminates Medicaid for illegal aliens — American benefits for Americans.
11. “Trump Savings Accounts” for kids — build generational wealth from birth. Game changer.
12. Slashes IRS funding — no more 87,000 new agents breathing down your neck.
13. Green New Deal defunded — no more money for solar BS.
14. Energy production unleashed — back to drilling, fracking, etc.
15. Tariffs on Chinese-built ships — protect American shipbuilders.
16. Buy American, build American — required on all infrastructure projects.
17. Estate tax protections expanded — family farms and businesses stay in the family.
18. Repeals DEI mandates — merit matters again. DEI is dying.
19. Bans taxpayer-funded gender ideology in federal agencies.
20. Military pay raise + benefits boost
21. National missile defense (“Golden Dome”)
22. HSA accounts expanded — use them for direct primary care.
23. School choice tax credits — parents, not unions, control education. Historic!
24. Feds barred from mandating pronoun usage.
25. Medicaid block grants to states — local control, not DC strings. Saves hundreds of billions.
26. Revives apprenticeship programs — college not required to succeed. The cartel hates this.
27. 1% of exports must ship under U.S. flag
28. Mandates voter ID for federal elections.
29. Ends ESG mandates in retirement accounts
30. Cracks down on Big Pharma middlemen
31. Bans drag shows for kids at federally funded venues.
32. Fires the climate cult from federal boards
33. Veterans get priority housing access
34. Tax credit for buying American-made vehicles
35. Stops Chinese ownership of U.S. farmland — our soil is finally protected!.
36. Bans CRT from federal training programs.
37. Ends taxpayer-funded abortions abroad. And defunds planned parenthood!
38. Guts federal diversity czars — cuts the bloated bureaucracy.
39. Revives the Keystone XL pipeline .
40. Eliminates federal COVID emergency powers
41. Enacts Social Security tax cuts for seniors.
42. Defends religious liberty in the workplace
43. Restores due process on college campuses.
44. Massively expands trade school funding
45. Outlaws federal funding for gender transitions for minors.
46. Creates nationwide “patriot curriculum” grant fund
47. Halts funding to the UN’s woke agenda arms.
48. Tax breaks for adoption and large families.
49. Increases penalties for fentanyl trafficking — life in prison for cartels.
50. Restores cash bail in federal jurisdictions — no more revolving-door criminals.
And this is just a taste.
Promises made, promises kept.
I didn't vote for austerity. In fact, it was never on the ballot. I didn't vote for a great recession ver 2.0 caused by massive spending cuts. I didn't vote for a USA default on the fake debt limit, and I 100% didn't vote for the biggest tax increase in US history.
If Rand Paul wants austerity, tax hikes, and great recessions, he should run for president so I could vote against him....oh wait, he already did, and I already did, and he lost in the primary.
No wonder every Trump hating Leftist and RINOs hate this bill and are desperate to discredit it!
That list @WVU82 posted in # 104 reads like a carefully concocted prescription to kill off the Left, and it gives us a good chunk of our money back while doing it! What's not to like?
Get this bill passed GOP. Kill the Left, then we won't have any trouble cutting more spending and reforming entitlements.
That list @WVU82 posted in # 104 reads like a carefully concocted prescription to kill off the Left, and it gives us a good chunk of our money back while doing it! What's not to like?
Get this bill passed GOP. Kill the Left, then we won't have any trouble cutting more spending and reforming entitlements.
- permanently extending tax cuts for 86% of Americans
- increasing the child tax credit to $2,500 through 2028
- introducing tax deductions for tips and overtime pay
- establishing $1,000 savings accounts per child for parents
- implementing a 3.5% tax on remittances
- increasing taxes on large university endowments
- implementing work requirements for Medicaid recipients
- prohibiting Medicaid from covering “gender-affirming care” for adults and minors
- barring Medicaid payments for abortion services
- providing $70 billion to finish the border wall and enhance border security
- expanding deportation capacity to 1 million individuals per year
- eliminating federal direct subsidized student loans
- creating new grants for trade school students
- eliminating Biden-era Green New Scam tax credits and regulations
-eliminating taxes on firearm suppressors
-shifting SNAP administration costs to the states
-funding the Golden Dome missile defense system
So true what @WVU82 and others have posted in this thread about this bill! There is nothing in this bill to celebrate regarding permanent deficit reduction, those of us fighting for it know that. However there is much more in this bill that helps us get started on that, as well as getting rid of a lot of obstacles now blocking a clear path towards more reduced spending after we give Americans a massive tax cut.
You can imagine if you're on the Left and looking at this bill that your political future is virtually ruined if all of this passes. That's why we're hearing such dire warnings from them if it does pass. They know what happens to the majority of their diabolical plans if this thing becomes Law, and the process of dismantling their precious wealth redistribution schemes gets ignited!
This bill is NOT perfect, matter of fact far from it! However school choice, defunding planned parenthood, USAID, the "green new deal" , Medicaid for illegal aliens, CPB and a host of other Left wing money scams is worth the imperfections in this bill.
Let's get it passed, then move onto the next level of defunding the rest of the Left's failing agenda to destroy America. Nothing pleases me more than pissing off the Left, and this bill pisses them off HUGE!!!!!
PASS THE BILL!!!!!!
For once in your sleepy, creepy, crooked life Joe...you're right! :stuck_out_tongue_winking_eye:
You can imagine if you're on the Left and looking at this bill that your political future is virtually ruined if all of this passes. That's why we're hearing such dire warnings from them if it does pass. They know what happens to the majority of their diabolical plans if this thing becomes Law, and the process of dismantling their precious wealth redistribution schemes gets ignited!
This bill is NOT perfect, matter of fact far from it! However school choice, defunding planned parenthood, USAID, the "green new deal" , Medicaid for illegal aliens, CPB and a host of other Left wing money scams is worth the imperfections in this bill.
Let's get it passed, then move onto the next level of defunding the rest of the Left's failing agenda to destroy America. Nothing pleases me more than pissing off the Left, and this bill pisses them off HUGE!!!!!
PASS THE BILL!!!!!!
For once in your sleepy, creepy, crooked life Joe...you're right! :stuck_out_tongue_winking_eye:
Just look what becomes LAW once this BBB passes. Is it any wonder Leftists inflicted with incurable TDS hate it? I can't figure out why every Republican isn't demanding this thing passes!
If you voted for Trump, look what this BBB gives you:
1. No taxes on tips — servers, bartenders, and bellhops just got a raise Promises made, promises kept
2. Made Trump tax cuts permanent — Biden wanted them to expire.
3. Child tax credit raised to $2,500
4. Overtime pay tax-free — work hard, actually keep more.
5. $1.6 trillion in spending cuts — the largest rollback of government bloat in U.S. history.
6. Work requirement for welfare — able-bodied? Then get off the couch.
7. Deporting 1 million illegal immigrants per year — no more catch and release.
8. Builds the wall—finishes it — 701 miles of serious border protection. Massive!
9. 10,000 new ICE agents — law and order at the border. Huge!
10. Eliminates Medicaid for illegal aliens — American benefits for Americans.
11. “Trump Savings Accounts” for kids — build generational wealth from birth. Game changer.
12. Slashes IRS funding — no more 87,000 new agents breathing down your neck.
13. Green New Deal defunded — no more money for solar BS.
14. Energy production unleashed — back to drilling, fracking, etc.
15. Tariffs on Chinese-built ships — protect American shipbuilders.
16. Buy American, build American — required on all infrastructure projects.
17. Estate tax protections expanded — family farms and businesses stay in the family.
18. Repeals DEI mandates — merit matters again. DEI is dying.
19. Bans taxpayer-funded gender ideology in federal agencies.
20. Military pay raise + benefits boost
21. National missile defense (“Golden Dome”)
22. HSA accounts expanded — use them for direct primary care.
23. School choice tax credits — parents, not unions, control education. Historic!
24. Feds barred from mandating pronoun usage.
25. Medicaid block grants to states — local control, not DC strings. Saves hundreds of billions.
26. Revives apprenticeship programs — college not required to succeed. The cartel hates this.
27. 1% of exports must ship under U.S. flag
28. Mandates voter ID for federal elections.
29. Ends ESG mandates in retirement accounts
30. Cracks down on Big Pharma middlemen
31. Bans drag shows for kids at federally funded venues.
32. Fires the climate cult from federal boards
33. Veterans get priority housing access
34. Tax credit for buying American-made vehicles
35. Stops Chinese ownership of U.S. farmland — our soil is finally protected!.
36. Bans CRT from federal training programs.
37. Ends taxpayer-funded abortions abroad. And defunds planned parenthood!
38. Guts federal diversity czars — cuts the bloated bureaucracy.
39. Revives the Keystone XL pipeline .
40. Eliminates federal COVID emergency powers
41. Enacts Social Security tax cuts for seniors.
42. Defends religious liberty in the workplace
43. Restores due process on college campuses.
44. Massively expands trade school funding
45. Outlaws federal funding for gender transitions for minors.
46. Creates nationwide “patriot curriculum” grant fund
47. Halts funding to the UN’s woke agenda arms.
48. Tax breaks for adoption and large families.
49. Increases penalties for fentanyl trafficking — life in prison for cartels.
50. Restores cash bail in federal jurisdictions — no more revolving-door criminals.
If you voted for Trump, look what this BBB gives you:
1. No taxes on tips — servers, bartenders, and bellhops just got a raise Promises made, promises kept
2. Made Trump tax cuts permanent — Biden wanted them to expire.
3. Child tax credit raised to $2,500
4. Overtime pay tax-free — work hard, actually keep more.
5. $1.6 trillion in spending cuts — the largest rollback of government bloat in U.S. history.
6. Work requirement for welfare — able-bodied? Then get off the couch.
7. Deporting 1 million illegal immigrants per year — no more catch and release.
8. Builds the wall—finishes it — 701 miles of serious border protection. Massive!
9. 10,000 new ICE agents — law and order at the border. Huge!
10. Eliminates Medicaid for illegal aliens — American benefits for Americans.
11. “Trump Savings Accounts” for kids — build generational wealth from birth. Game changer.
12. Slashes IRS funding — no more 87,000 new agents breathing down your neck.
13. Green New Deal defunded — no more money for solar BS.
14. Energy production unleashed — back to drilling, fracking, etc.
15. Tariffs on Chinese-built ships — protect American shipbuilders.
16. Buy American, build American — required on all infrastructure projects.
17. Estate tax protections expanded — family farms and businesses stay in the family.
18. Repeals DEI mandates — merit matters again. DEI is dying.
19. Bans taxpayer-funded gender ideology in federal agencies.
20. Military pay raise + benefits boost
21. National missile defense (“Golden Dome”)
22. HSA accounts expanded — use them for direct primary care.
23. School choice tax credits — parents, not unions, control education. Historic!
24. Feds barred from mandating pronoun usage.
25. Medicaid block grants to states — local control, not DC strings. Saves hundreds of billions.
26. Revives apprenticeship programs — college not required to succeed. The cartel hates this.
27. 1% of exports must ship under U.S. flag
28. Mandates voter ID for federal elections.
29. Ends ESG mandates in retirement accounts
30. Cracks down on Big Pharma middlemen
31. Bans drag shows for kids at federally funded venues.
32. Fires the climate cult from federal boards
33. Veterans get priority housing access
34. Tax credit for buying American-made vehicles
35. Stops Chinese ownership of U.S. farmland — our soil is finally protected!.
36. Bans CRT from federal training programs.
37. Ends taxpayer-funded abortions abroad. And defunds planned parenthood!
38. Guts federal diversity czars — cuts the bloated bureaucracy.
39. Revives the Keystone XL pipeline .
40. Eliminates federal COVID emergency powers
41. Enacts Social Security tax cuts for seniors.
42. Defends religious liberty in the workplace
43. Restores due process on college campuses.
44. Massively expands trade school funding
45. Outlaws federal funding for gender transitions for minors.
46. Creates nationwide “patriot curriculum” grant fund
47. Halts funding to the UN’s woke agenda arms.
48. Tax breaks for adoption and large families.
49. Increases penalties for fentanyl trafficking — life in prison for cartels.
50. Restores cash bail in federal jurisdictions — no more revolving-door criminals.
The "gimmick" is projected GDP growth rate. The CBO had used a steady 2.0% for umpteen years until recently, when they changed it to 1.8%. I don't know why they did. Trump wants this "gimmick" increased to some astronomical figure, when he just provided our first negative growth in Q1 in a long time.
Given tariffs and deportations disrupting the economy, when will things pick up, and when will they be above 2.0 in the future? When will it get to Trump's desire? At this point, I would say that a projected 1.8% is more than adequate, until we know more.
I didn't either, but I also didn't vote for increasing the debt load by $5 trillion, either.
This is using the rosy Trump predictions on GDP growth.
So we aren't increasing to the prior $53 trillion in debt in 2035, only to the amazing number of $50.5 trillion. Wow, that saves us entirely.
I project we hit $2 trillion in interest by 2029, if not sooner, due to bond yields. Now what?
Latest estimate: 3.8 percent — June 05, 2025The "gimmick" is projected GDP growth rate. The CBO had used a steady 2.0% for umpteen years until recently, when they changed it to 1.8%. I don't know why they did. Trump wants this "gimmick" increased to some astronomical figure, when he just provided our first negative growth in Q1 in a long time.
Given tariffs and deportations disrupting the economy, when will things pick up, and when will they be above 2.0 in the future? When will it get to Trump's desire? At this point, I would say that a projected 1.8% is more than adequate, until we know more.
GDPNow forecasting model provides a "nowcast" of the official estimate prior to its release