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Started By
Message
2
Posted on 5/28/25 at 12:38 pm to VoxDawg
quote:
Not sure how to break this to you, but ALL INCOME DOES NOT BELONG TO THE IMPERIAL FEDERAL GOVERNMENT.
Additionally - The Federal Government PRODUCES NOTHING
This has nothing to do with the actual discussion
The issue is not the tax cuts. The issue is a lack of spending cuts.
What happens when we collect less in taxes but keep spending like Biden? Does that increase or decrease the deficit?
Posted on 5/28/25 at 12:39 pm to Seldom Seen
quote:
Elon Musk is a bot now?
Posted on 5/28/25 at 12:44 pm to jbdawgs03
Our system of government finance is so complex it is nearly impossible to know what the truth is.
Posted on 5/28/25 at 12:45 pm to JimEverett
quote:And that $4 trillion is based on 1.8% growth; which is plausible... but still a guess.
The CBO says this bill will add an addition $3 trillion to the deficit. $4 trillion of that comes from keeping the status quo with respect to tax rates.
Therefore, the bill cuts some $1 trillion in spending over the next decade.
If growth is more than that then the $4 trillion (in deficit spending) goes down and the "spending number" goes down thus less added to the deficit.
Trumps request to Congress was based on 3% growth.
Posted on 5/28/25 at 12:47 pm to jbdawgs03
So the Big Beautiful Bill has actual decreases in spending?
Right?
Right?
Right?
Right?
Right?
Right?
Posted on 5/28/25 at 12:49 pm to JimEverett
quote:
Is what he saying incorrect?
In part.
At best, it’s a half-truth.
Posted on 5/28/25 at 12:51 pm to the808bass
What’s the actual truth?
Posted on 5/28/25 at 12:51 pm to I20goon
quote:
And that $4 trillion is based on 1.8% growth; which is plausible... but still a guess.
What was the pace before Covid and when did his first term tax cuts take effect?
Posted on 5/28/25 at 12:52 pm to SlowFlowPro
Sorry your candidate lost.
Posted on 5/28/25 at 12:56 pm to TrueTiger
quote:
Our system of government finance is so complex it is nearly impossible to know what the truth is.
That is a feature, not a flaw.
Posted on 5/28/25 at 12:58 pm to ReauxlTide222
quote:
What’s the actual truth?
Government is to big.
Saving a trillion over 10 years is chump change.
Sounds good though doesn't it.
Posted on 5/28/25 at 1:00 pm to RogerTheShrubber
quote:
Dudes turning into Trump's Goebbels.
A virtual spin factory
You would know. It is the primary function of the Democrat Party.
Posted on 5/28/25 at 1:01 pm to SlowFlowPro
Moron!
Posted on 5/28/25 at 1:07 pm to the808bass
It's part of the process.
DOGE cuts are to discretionary spending. (Eg the federal bureaucracy). Under senate budget rules, you cannot cut discretionary spending (only mandatory) in a reconciliation bill.
So DOGE cuts would have to be done through what is known as a rescissions package or an appropriations bill.
The Big Beautiful Bill is NOT an annual budget bill and does not fund the departments of government. It does not finance our agencies or federal programs. Instead, it includes the single largest welfare reform in American history. Along with the largest tax cut and reform in American history. The most aggressive energy exploration in American history. And the strongest border bill in American history. All while reducing the deficit.
DOGE cuts are to discretionary spending. (Eg the federal bureaucracy). Under senate budget rules, you cannot cut discretionary spending (only mandatory) in a reconciliation bill.
So DOGE cuts would have to be done through what is known as a rescissions package or an appropriations bill.
The Big Beautiful Bill is NOT an annual budget bill and does not fund the departments of government. It does not finance our agencies or federal programs. Instead, it includes the single largest welfare reform in American history. Along with the largest tax cut and reform in American history. The most aggressive energy exploration in American history. And the strongest border bill in American history. All while reducing the deficit.
Posted on 5/28/25 at 1:26 pm to RogerTheShrubber
quote:
A virtual spin factory
Are you legit retarded? For real question.
Posted on 5/28/25 at 1:31 pm to loogaroo
quote:1.8% is a better guess than 3%. The Inflation Reduction Act (i.e. green new deal) offset tax credits and spending with 6% growth, which was not even plausible, to show a deficit reduction.
What was the pace before Covid
quote:Jan 1, 2018
when did his first term tax cuts take effect?
GDP didn't change much with tax breaks, but revenue didn't go down (up slightly) either. That wouldn't have affected the deficit by much, but did affect money in the private vs. public sector (slightly). Post Covid is a different story regarding revenues (as defecit increased). So yes, illustrative that we have a spending problem, which all know, but isn't 100% representative when you include the word "deficit". Spending in absolute dollars is the real problem.
Posted on 5/28/25 at 1:38 pm to jbdawgs03
Weird how I kept calling the bots/“conservatives”, libertarians. They all deny it. It’s either libertarians or liberals, they both use the same talking points. “Principled conservatives” 
Posted on 5/28/25 at 1:38 pm to FATBOY TIGER
quote:No, not really.
Government is to big. Saving a trillion over 10 years is chump change. Sounds good though doesn't it.
Is the admin lying about the bill?
It shouldn’t be difficult at all to talk through what the bill actually does to the deficit and spending and “saving.”
We could do it in a thread here. If I have time this weekend I might give it a shot.
Posted on 5/28/25 at 1:39 pm to jbdawgs03
quote:That is entirely a lie.
This is based entirely on CBO claiming that extending the current tax rates (not raising them) will “cost” the government $4 trillion in revenue.
Estimates are the FY2026 budget will be $2T in the red. Even assuming Miller is right, the difference would be $400B/yr. So the FY2026 budget deficit would still be $1.6T. Unacceptable!
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