The Big Beautiful Bill needs its own thread.

[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?

[LuFins Dad]

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

[jon-nyc]

DOA?

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

[LuFins Dad]

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

[jon-nyc]

[jon-nyc]