This plan even worse than the House plan
Senate's "big, beautiful bill" would add $3.3 trillion in new debt: CBO
Senate's "big, beautiful bill" would add $3.3 trillion in new debt: CBO
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BREAKING: Tillis Shreds Big Beautiful Bill In First Senate Floor Speech Since Announcing Retirement
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In case you missed it, late Saturday night, members of the Senate began the process of passing their final version of the federal budget reconciliation bill. The “One Big Beautiful Bill Act” includes a large tax cut financed in part by massive cuts to health care, nutrition assistance, and education.
A Sunday report by the nonpartisan Congressional Budget Office showed that the bill would add at least $3.3 trillion to the national debt over a decade. This is nearly $1 trillion more than the House version.
Though there are currently differences between the House and Senate versions, both bills:
Impose a Medicaid work requirement on most adults in order to qualify for benefits. This saves money by making it easier for states to cancel people’s coverage by allowing them to increase paperwork requirements and drop those who don’t respond to requests to verify their income or residency.
Limit strategies that states have developed to tax medical providers as a way to draw extra federal money into their budgets.
Make it harder to sign up for ACA coverage or to qualify for tax credits to pay for it.
Impose a work requirement for SNAP on most adults in order to qualify for benefits and shift some costs from the federal government to states starting in 2028.
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Why Trump's "Big Beautiful Bill" is BAD for Americans
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The main problem is, republican politicians hate the average citizen. They only really care about the wealthy who can give them stuff. Mostly money
This is what the Democrats are voting against ,
Here's a summary of the potential impacts on everyday Americans:- Higher Income Tax Rates: Many individuals could face higher income tax rates if tax brackets revert to pre-TCJA levels.
- Reduced Standard Deduction: The standard deduction, which was significantly increased under the TCJA, is scheduled to be cut in half. This means fewer people might be able to claim the standard deduction and may instead need to itemize deductions.
- Lower Child Tax Credit: The Child Tax Credit could be reduced from $2,000 to $1,000 per child. This would particularly impact families with children.
- Increased Tax Complexity: With the reduced standard deduction, more taxpayers may need to itemize deductions, making tax filing more complicated and time-consuming.
- Expansion of the Alternative Minimum Tax (AMT): The AMT exemption and phaseout thresholds would revert to lower levels, potentially subjecting more people to the AMT.
- Higher Taxes for Small Businesses: The expiration of the Section 199A Small Business Deduction could lead to higher taxes for many small businesses.
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BREAKING: Billionaire oligarch Elon Musk stabs Donald Trump in the back in jaw-dropping fashion and announces that he will fund primary challenges to every Republican lawmaker who votes to pass the "big, beautiful bill."
This just went off like a bomb in MAGA land...
"Every member of Congress who campaigned on reducing government spending and then immediately voted for the biggest debt increase in history should hang their head in shame! And they will lose their primary next year if it is the last thing I do on this Earth," Musk wrote on Twitter.
Not only that, but Musk is now threatening to form a new political party if the bills passes.
"It is obvious with the insane spending of this bill, which increases the debt ceiling by a record FIVE TRILLION DOLLARS that we live in a one-party country – the PORKY PIG PARTY!!" he tweeted. "Time for a new political party that actually cares about the people."
While Musk is correct that this bill is awful in every sense, his claim that we have a "one-party country" is patently absurd, as evidenced by the fact that Democrats are aggressively opposing this bill.
"How can you call yourself the Freedom Caucus if you vote for a DEBT SLAVERY bill with the biggest debt ceiling increase in history?" Musk added, tagging Republican Congressmen Andy Harris and Senator Chip Roy.
"If this insane spending bill passes, the America Party will be formed the next day. Our country needs an alternative to the Democrat-Republican uniparty so that the people actually have a VOICE," he wrote in another post.
The idea that Musk "actually cares about the people" is laughable at face value, but his attacks on this bill are more than welcome. Even if his motivations are suspect, any and all opposition to this destructive bill is to be encouraged.
The former close ally of Trump — who accused the president of being in the Jeffrey Epstein files only to later delete the allegation — has been an outspoken critic of the bill for months because it skyrockets the national debt. If passed, the ugly, bloated legislation would wipe out any so-called "savings" stemming from Musk's DOGE cuts.
While increasing the national debt to pave the way for more tax cuts for the rich and corporations is certainly a betrayal of the American people, it's the other elements of the bill that are the biggest cause for concern for the rest of us. Trump's bill devastates Medicaid with brutal cuts, balloons the Pentagon's budget (which in turn incentivizes more wars), targets migrants with brutal new policies, and slashes access to food stamps. Passing this bill will prove to be a historic mistake for the United States of America.
Republicans got into bed with Musk thinking that his money would assure their political success. Now he's turning on them, and that very same money could spell their political doom. Good. As the saying goes: "If you lie down with dogs, you will get up with fleas."
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