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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.

Scheduled Pinned Locked Moved General Discussion
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  • taiwan_girlT Offline
    taiwan_girlT Offline
    taiwan_girl
    wrote last edited by
    #85

    Several provisions in the Senate GOP’s version of President Donald Trump’s "big, beautiful bill" have run afoul of Senate rules and must be stripped if Republicans want to pass the package without the help of Democrats.

    The bill is undergoing what’s called a "Byrd Bath," when the parliamentarian meticulously combs through each section of the mammoth bill to determine whether policies comport with the Senate’s Byrd Rule.

    The point of the budget reconciliation process is to skirt the Senate filibuster and pass a massive, partisan legislative package. But if provisions are left in that fail the test, Senate Republicans will have to meet the typical 60-vote threshold. Provisions that don’t pass muster can still be appealed, however.

    and

    Senate Parliamentarian Elizabeth MacDonough scrutinized three chunks of the megabill from the Senate Banking, Environment and Public Works and Armed Services committees and found numerous policies that failed to meet the Byrd Rule’s requirements.

    Among those was a provision that would have eliminated funding for a target of the GOP’s since its inception in 2008, the Consumer Financial Protection Bureau, which would have effectively eliminated the agency. Doing so also would have slashed $6.4 billion in spending.

    https://www.foxnews.com/politics/several-provisions-fail-pass-muster-senate-rules-big-beautiful-bill

    1 Reply Last reply
    • jon-nycJ Online
      jon-nycJ Online
      jon-nyc
      wrote last edited by jon-nyc
      #86

      Somehow I doubt the bond markets will be fooled by this one. And guys like Rand Paul aren’t going to pretend it’s true either.

      "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
        #87

        Apparently the bill not only removes solar subsidies but actually taxes solar starting in 2027.

        While subsidizing coal.

        Republicans decided solar and batteries were gay energy so we lost to China all these industries we invented.

        "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
          #88

          "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
            #89

            "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
              #90

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

              AxtremusA 1 Reply Last reply
              • jon-nycJ jon-nyc

                AxtremusA Away
                AxtremusA Away
                Axtremus
                wrote last edited by Axtremus
                #91

                "Even a small fluctuation in power causes AI training to fail"?

                I am skeptical of that claim.

                1 Reply Last reply
                • jon-nycJ Online
                  jon-nycJ Online
                  jon-nyc
                  wrote last edited by jon-nyc
                  #92

                  I have no idea either way. But it seems pretty clear that whether China or the US ‘wins’ AI matters a lot, and electricity figures large in that.

                  We should be ‘all of the above’ x 100 rather than taxing modern “gay” energy while subsidizing 19th century “manly” energy.

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

                  jon-nycJ 1 Reply Last reply
                  • jon-nycJ Online
                    jon-nycJ Online
                    jon-nyc
                    wrote last edited by
                    #93

                    "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
                      #94

                      As budget gimmicks go, I don’t think this has ever been topped.

                      Senate Republicans are simultaneously using current policy scoring to pretend $3.8 trillion in tax cuts are free - and using current law scoring to get away with having temporary tax cuts appear $1.5 trillion cheaper.

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

                      jon-nycJ 1 Reply Last reply
                      • taiwan_girlT Offline
                        taiwan_girlT Offline
                        taiwan_girl
                        wrote last edited by
                        #95

                        Kind of stupid to have the Democrat force the reading of the bill word by word. 16 hours. LOL

                        Not sure what they were trying to accomplish.

                        1 Reply Last reply
                        • jon-nycJ jon-nyc

                          As budget gimmicks go, I don’t think this has ever been topped.

                          Senate Republicans are simultaneously using current policy scoring to pretend $3.8 trillion in tax cuts are free - and using current law scoring to get away with having temporary tax cuts appear $1.5 trillion cheaper.

                          jon-nycJ Online
                          jon-nycJ Online
                          jon-nyc
                          wrote last edited by
                          #96

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

                          As budget gimmicks go, I don’t think this has ever been topped.

                          Senate Republicans are simultaneously using current policy scoring to pretend $3.8 trillion in tax cuts are free - and using current law scoring to get away with having temporary tax cuts appear $1.5 trillion cheaper.

                          "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
                            #97

                            Elon threatens to find a primary challenge to every republican who votes for this bill.

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

                            89th8 1 Reply Last reply
                            • taiwan_girlT Offline
                              taiwan_girlT Offline
                              taiwan_girl
                              wrote last edited by
                              #98

                              That will be interesting. As Musk said previously something like:

                              " President Trump will be around for three more years. Me (and my money) will be around for 30 more years."

                              How much influence will President Trump have after he is finished with the president? At least at the beginning, quite a bit. Obviously, a lot depends on how the next three years go. But, he will always have the strong support of ~30% of the population, no matter what he does or what happens. And those are the type of people who vote in the primary.

                              1 Reply Last reply
                              • jon-nycJ Online
                                jon-nycJ Online
                                jon-nyc
                                wrote last edited by
                                #99

                                Trump not happy.

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

                                1 Reply Last reply
                                • jon-nycJ jon-nyc

                                  Elon threatens to find a primary challenge to every republican who votes for this bill.

                                  89th8 Offline
                                  89th8 Offline
                                  89th
                                  wrote last edited by
                                  #100

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

                                  Elon threatens to find a primary challenge to every republican who votes for this bill.

                                  Of all the people who end with "...if it's the last thing I do on this Earth", he's the closest to actually building a place somewhere else in space to go.

                                  1 Reply Last reply
                                  • jon-nycJ jon-nyc

                                    I have no idea either way. But it seems pretty clear that whether China or the US ‘wins’ AI matters a lot, and electricity figures large in that.

                                    We should be ‘all of the above’ x 100 rather than taxing modern “gay” energy while subsidizing 19th century “manly” energy.

                                    jon-nycJ Online
                                    jon-nycJ Online
                                    jon-nyc
                                    wrote last edited by
                                    #101

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

                                    We should be ‘all of the above’ x 100 rather than taxing modern “gay” energy while subsidizing 19th century “manly” energy.

                                    From the co-author of Abundance

                                    "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 jon-nyc
                                      #102

                                      Senate passed it.

                                      Now the fun goes back to the house.

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

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