The Big Beautiful Bill needs its own thread.

[LuFins Dad]

@Axtremus said in The Big Beautiful Bill needs its own thread.:

@LuFins-Dad said in The Big Beautiful Bill needs its own thread.:

@Axtremus said in The Big Beautiful Bill needs its own thread.:

@Horace said in The Big Beautiful Bill needs its own thread.:

Would they have made this decision if Harris had been elected? Would they have had substantially different data, in that case, to base this decision on?

Would Harris have made similar decisions regarding tariffs?

Well, her entire career she has ran slightly to the left of Bernie, so yeah, probably.

Ha, now I question whether you actually believe what you wrote.

Good point. I actually believe she would be napping the afternoons away after her three Bloody Mary breakfasts and her handlers would be instituting the tariffs.

[jon-nyc]

The last downgrade was during the Obama administration

[jon-nyc]

What a fucking clown.

[89th]

Even in the minor details she is lying. "The economic council (of whatever) said this will save $1.6 trillion. That's the most ever... The next bill that has come close is $800 billion, which is less than half that of $1.6 trillion"

No, it is not less than half. It is exactly half.

[jon-nyc]

Even her lies are lies.

[89th]

Hahaha well said.

BTW for anyone keeping score, the estimate is this bill will, over the next 10 years, add between $3.8 to $5.3 trillion to the deficit.

[89th]

Oh and the "Council of Economic Advisers"... not a 3rd party independent audit firm. It's a group of people Trump hired over the last few months to basically nod their heads to him.

[jon-nyc]

Rand Paul is having none of it.

[jon-nyc]

Did he lose 4 GOP senators?

[jon-nyc]

"This tax bill's enormity is being underplayed," Manhattan Institute's Jessica Riedl says. "This tax bill will cost more than the 2017 tax cuts, the CARES Act, Biden's stimulus, and the Inflation Reduction Act combined.

[jon-nyc]

[Axtremus]

@jon-nyc said in The Big Beautiful Bill needs its own thread.:

US gets its debt downgraded.

https://www.reuters.com/markets/us/moodys-downgrades-us-aa1-rating-2025-05-16/

House GOP whistled past the downgrade and passed the Big Beautiful Bill anyway.

[89th]

[jon-nyc]

Main Street will get tariffs at least.

[LuFins Dad]

@89th said in The Big Beautiful Bill needs its own thread.:

I’d be curious to see their work…

[jon-nyc]

[jon-nyc]

There are jokes going around bond markets about Big Beautiful Bill.

BBB is the lowest credit rating you can have before junk status.

[jon-nyc]

Just so we’re clear.

BESSENT: OTHER COUNTRIES' CURRENCIES RISING, NOT DOLLAR FALLING

[taiwan_girl]

LOL

I look at a couple of forums about thailand and there are starting to complaints from expat retirees about how their money has lost XX% vs the Thai baht.

[Renauda]

@jon-nyc said in The Big Beautiful Bill needs its own thread.:

Just so we’re clear.

BESSENT: OTHER COUNTRIES' CURRENCIES RISING, NOT DOLLAR FALLING

The cheek of those “other countries”, eh?