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When all forms of taxation are accounted for, total taxation is always exactly equal to total spending.They have to do one bill due to the reconciliation budget process, it prevents the filibuster in the Senate. So they have to get through in one bill as much as possible that democrats oppose, like border security and the Trump tax cuts. The tax cuts won't be paid for so I'm sure Massie is a no vote. Massie will raise your taxes.
When all forms of taxation are accounted for, total taxation is always exactly equal to total spending.
So those who are voting to raise your taxes are the ones who vote for increasing spending, not those who vote against it.
It will have more spending cuts than ever put forward. The absolutists will still not be satisfied.When all forms of taxation are accounted for, total taxation is always exactly equal to total spending.
So those who are voting to raise your taxes are the ones who vote for increasing spending, not those who vote against it.
President Donald Trump's "big, beautiful bill" failed to pass the House Budget Committee on Friday, in what appears to be a massive blow to House GOP leaders' plans to hold a House-wide vote next week.
Republican Reps. Chip Roy of Texas, Josh Brecheen of Oklahoma, Andrew Clyde of Georgia and Ralph Norman of South Carolina all voted against the legislation.
A fifth House Republican, Rep. Lloyd Smucker of Pennsylvania, also switched his vote from "yes" to "no," though it was a procedural maneuver that allows him to bring the legislation up again. Smucker told reporters he was "quite confident" in the bill's success.
House Budget Committee Chairman Jodey Arrington, R-Texas, said the panel would likely not meet again on Friday, and could reconvene on Monday.
The committee met to mark up and debate the bill, a massive piece of legislation that’s a product of 11 different House committees’ individual efforts to craft policy under their jurisdictions. The result is a wide-ranging bill that advances Trump’s priorities on the border, immigration, taxes, energy, defense and raising the debt limit.
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The fiscal hawks are frustrated about provisions curbing Medicaid in the bill not going into effect until 2029, and had similar issues with the delay in phasing out green energy subsidies from former President Joe Biden's Inflation Reduction Act.
"Only in Washington are we expected to bet on the come that in five years, then everything will work. Then we will solve the problem," Roy said during debate. "We have got to change the direction of this town. And to my colleagues and other side of the aisle, yes, that means touching Medicaid.
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More: https://www.foxnews.com/politics/tr...sive-defeat-key-hurdle-before-house-wide-vote
Rand is acting like a democrat and saying tax cuts must be paid for, next he will be saying raise taxes on the rich. Yes, it doesn't cut enough spending, but the spending cuts Rand wants will never pass so what the hell is he doing (i.e. third rate GRANDSTANDER), take what spending cuts you can get now before the midterms elect democrat majorities. Rand is a weakling and hasn't filibustered a spending bill since 2012. If the debt crisis is such a big deal Rand, I dare you to filibuster this bill and shut down the government!
Who is buying this marketing?
Change the name from "bloated, pork-filled Omnibus" to "One Big Beautiful Bill", and now it's great. Almost literally lipstick on a pig.
And IIRC, even Trump said when he invented the term that two reconciliation bills would work too, he just wanted Congress to get it done.
April was the best month we have had in years.It's all BS. The only thing you can do it wait and see how much they actually spend. April spending was up from last year putting Trump back in the lead for the first 3 months.
I think we might see a negative market reaction sometime around August when the debt ceiling gets extended and the debt jumps by a trillion in a month.