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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. The Big Beautiful Bill needs its own thread.

The Big Beautiful Bill needs its own thread.

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  • 89th8 Offline
    89th8 Offline
    89th
    wrote on last edited by
    #17

    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.

    1 Reply Last reply
    • jon-nycJ Online
      jon-nycJ Online
      jon-nyc
      wrote on last edited by
      #18

      Rand Paul is having none of it.

      "You never know what worse luck your bad luck has saved you from."
      -Cormac McCarthy

      1 Reply Last reply
      • jon-nycJ Online
        jon-nycJ Online
        jon-nyc
        wrote on last edited by
        #19

        Did he lose 4 GOP senators?

        "You never know what worse luck your bad luck has saved you from."
        -Cormac McCarthy

        1 Reply Last reply
        • jon-nycJ Online
          jon-nycJ Online
          jon-nyc
          wrote on last edited by jon-nyc
          #20

          "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.

          "You never know what worse luck your bad luck has saved you from."
          -Cormac McCarthy

          1 Reply Last reply
          • jon-nycJ Online
            jon-nycJ Online
            jon-nyc
            wrote on last edited by
            #21

            "You never know what worse luck your bad luck has saved you from."
            -Cormac McCarthy

            1 Reply Last reply
            • jon-nycJ jon-nyc

              US gets its debt downgraded.

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

              AxtremusA Offline
              AxtremusA Offline
              Axtremus
              wrote on last edited by
              #22

              @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.

              1 Reply Last reply
              • 89th8 Offline
                89th8 Offline
                89th
                wrote on last edited by
                #23

                image.png

                LuFins DadL 1 Reply Last reply
                • jon-nycJ Online
                  jon-nycJ Online
                  jon-nyc
                  wrote on last edited by
                  #24

                  Main Street will get tariffs at least.

                  "You never know what worse luck your bad luck has saved you from."
                  -Cormac McCarthy

                  1 Reply Last reply
                  • 89th8 89th

                    image.png

                    LuFins DadL Offline
                    LuFins DadL Offline
                    LuFins Dad
                    wrote on last edited by
                    #25

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

                    image.png

                    I’d be curious to see their work…

                    The Brad

                    1 Reply Last reply
                    • jon-nycJ Online
                      jon-nycJ Online
                      jon-nyc
                      wrote on last edited by
                      #26

                      IMG_5425.jpeg

                      "You never know what worse luck your bad luck has saved you from."
                      -Cormac McCarthy

                      1 Reply Last reply
                      • jon-nycJ Online
                        jon-nycJ Online
                        jon-nyc
                        wrote on last edited by jon-nyc
                        #27

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

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

                        "You never know what worse luck your bad luck has saved you from."
                        -Cormac McCarthy

                        1 Reply Last reply
                        • jon-nycJ Online
                          jon-nycJ Online
                          jon-nyc
                          wrote on last edited by jon-nyc
                          #28

                          Just so we’re clear.

                          BESSENT: OTHER COUNTRIES' CURRENCIES RISING, NOT DOLLAR FALLING

                          "You never know what worse luck your bad luck has saved you from."
                          -Cormac McCarthy

                          RenaudaR 1 Reply Last reply
                          • taiwan_girlT Offline
                            taiwan_girlT Offline
                            taiwan_girl
                            wrote on last edited by
                            #29

                            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.

                            1 Reply Last reply
                            • jon-nycJ jon-nyc

                              Just so we’re clear.

                              BESSENT: OTHER COUNTRIES' CURRENCIES RISING, NOT DOLLAR FALLING

                              RenaudaR Offline
                              RenaudaR Offline
                              Renauda
                              wrote on last edited by
                              #30

                              @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?

                              Elbows up!

                              1 Reply Last reply
                              • LuFins DadL Offline
                                LuFins DadL Offline
                                LuFins Dad
                                wrote on last edited by
                                #31

                                It’s so great of them to make other countries great again, too!

                                The Brad

                                1 Reply Last reply
                                • jon-nycJ Online
                                  jon-nycJ Online
                                  jon-nyc
                                  wrote on last edited by
                                  #32

                                  DOA?

                                  https://www.axios.com/2025/05/25/ron-johnson-senate-halt-house-budget-bill

                                  "You never know what worse luck your bad luck has saved you from."
                                  -Cormac McCarthy

                                  1 Reply Last reply
                                  • LuFins DadL Offline
                                    LuFins DadL Offline
                                    LuFins Dad
                                    wrote on last edited by
                                    #33

                                    You know, Republican budget hawks might have an opportunity to finally push through legitimate entitlement reform.

                                    The Brad

                                    1 Reply Last reply
                                    • jon-nycJ Online
                                      jon-nycJ Online
                                      jon-nyc
                                      wrote on last edited by
                                      #34

                                      "You never know what worse luck your bad luck has saved you from."
                                      -Cormac McCarthy

                                      1 Reply Last reply
                                      • jon-nycJ Online
                                        jon-nycJ Online
                                        jon-nyc
                                        wrote last edited by
                                        #35

                                        "You never know what worse luck your bad luck has saved you from."
                                        -Cormac McCarthy

                                        1 Reply Last reply
                                        • jon-nycJ Online
                                          jon-nycJ Online
                                          jon-nyc
                                          wrote last edited by
                                          #36

                                          IMG_5612.jpeg

                                          "You never know what worse luck your bad luck has saved you from."
                                          -Cormac McCarthy

                                          1 Reply Last reply
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