The Big Beautiful Bill needs its own thread.
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@jon-nyc said in The Big Beautiful Bill needs its own thread.:
This is what we've been saying. I hope Elon has a few more eyeballs reading his posts than we do here in TNCR. Maybe it'll make a difference. Trump loves his brand. He should create a 20-year country-saving bill that slowly cuts spending and reduces the debt over 20 years. It can be called the "Trump Saves America Bill" that cannot be touched for 20 years until we no longer are in debt. Trump's legacy will be in solid gold.
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What’s your over/under on when Trump publicly rebukes Elon?
They’ll end up, after a lot of drama, with the same formula they use every time they have a trifecta: take away health care and food assistance from low income families and use the money to fund tax cuts for their donors.
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Talking about bankruptcy around Trump is..........brave, lol.
- Golden Nugget Atlantic City
- GoTrump.com
- Hard Rock Hotel & Casino Atlantic City
- New Jersey Generals
- Paradox Hotel Vancouver
- Plaza Hotel
- TD Trump Deutschland
- Trump Entertainment Resorts
- Trump Ice
- Trump magazines
- Trump Mortgage
- Trump Ocean Resort Baja Mexico
- Trump Plaza Hotel and Casino
- Trump Productions
- Trump Shuttle
- Trump Steaks
- Trump University
- Trump World's Fair
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Yeah most of the debt increase comes from the TCJA extension and he’d vote for that standalone.
They’ll end up, after a lot of drama, with the same formula they use every time they have a trifecta: take away health care and food assistance from low income families and use the money to fund tax cuts for their donors.
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I’m changing my over/under on the Trump rebuke to tomorrow with a twist - 10% chance Trump comes out on his side.
They’ll end up, after a lot of drama, with the same formula they use every time they have a trifecta: take away health care and food assistance from low income families and use the money to fund tax cuts for their donors.
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@taiwan_girl said in The Big Beautiful Bill needs its own thread.:
@Axtremus Who benefits from having that in the bill? Some group obviously lobby to get it included.
That’s probably the most sensible thing in the bill. You want the California legislature to govern AI?
@jon-nyc said in The Big Beautiful Bill needs its own thread.:
@taiwan_girl said in The Big Beautiful Bill needs its own thread.:
@Axtremus Who benefits from having that in the bill? Some group obviously lobby to get it included.
That’s probably the most sensible thing in the bill. You want the California legislature to govern AI?
Op-Ed by Dario Amodei, the CEO of Anthropic, an AI technology company:
... a 10-year moratorium is far too blunt an instrument. A.I. is advancing too head-spinningly fast. I believe that these systems could change the world, fundamentally, within two years; in 10 years, all bets are off. Without a clear plan for a federal response, a moratorium would give us the worst of both worlds — no ability for states to act, and no national policy as a backstop.
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Yeah most of the debt increase comes from the TCJA extension and he’d vote for that standalone.
@jon-nyc said in The Big Beautiful Bill needs its own thread.:
Yeah most of the debt increase comes from the TCJA extension and he’d vote for that standalone.
Considering how poorly the CBO projected the 2017 TCJA, why should we trust their numbers this time?
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I’m changing my over/under on the Trump rebuke to tomorrow with a twist - 10% chance Trump comes out on his side.
@jon-nyc said in The Big Beautiful Bill needs its own thread.:
I’m changing my over/under on the Trump rebuke to tomorrow …
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I’ve helped Elon a lot,” Trump said.
How so?
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https://www.politico.com/news/2025/06/22/senate-tax-bill-jct-score-00417131
Senate GOP slashes megabill's tax costs with new accounting method
The "new accounting method" basically do not account for extensions of the 2017 tax cuts as a "cost."
So instead of $3.8 Trillion, using the "new accounting method," the Senate GOP's version of the bill is now said to cost only $440 Billion.
They would still need to raise the debt ceiling by $5 Trillion (or suspend it altogether), but with this new accounting method they say the bill will cost only $440 Billion.
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Extending the Trump Tax Cuts from 2017 may or may not promote more growth than the CBO projects, but expiring the tax cuts kills any possibility for growth, and frankly renders the $5 fucking Trillion debt limit extension irrelevant.
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Extending the Trump Tax Cuts from 2017 may or may not promote more growth than the CBO projects, but expiring the tax cuts kills any possibility for growth, and frankly renders the $5 fucking Trillion debt limit extension irrelevant.
@LuFins-Dad said in The Big Beautiful Bill needs its own thread.:
Extending the Trump Tax Cuts from 2017 may or may not promote more growth than the CBO projects, but expiring the tax cuts kills any possibility for growth, and frankly renders the $5 fucking Trillion debt limit extension irrelevant.
It seems you have given up on the argument that says reducing the national deficit/debt can itself be pro growth.
