3 ms·
Reminder that Trump’s One Big Beautiful Bill is going to add, at minimum, 4 trillion in new debt. That’s per the CBO. And if he gets the additional funding incr
by SilverElfin 10mo ago
Reminder that Trump’s One Big Beautiful Bill is going to add, at minimum, 4 trillion in new debt. That’s per the CBO. And if he gets the additional funding increases he is seeking this year, he will add another 5 trillion over the next ten years. That’s 9 trillion before half his term is up.
That money will go to the Trump family, their friends, friendly businesses who get government contracts, etc. But the cost will fall on all Americans. In the end I don’t see a way out without hyperinflation, which is another way of saying - we will be poor to prop up oligarchs who have hoarded billions in dishonest ways.
But the administration is asking us to ignore what our eyes see and instead worry about some insignificant fraud that some Somalians allegedly perpetrated, even though it is tiny by comparison.
- scrubs 10mo agoMoreover it'll ruin USD as a reserve currency another unforced error. Where in the hell is Congress? Talk about useless, a blankin' useless institution. The checkbook is a 1a or 1b named, explicit role and responsibility.
- ai_critic 10mo ago> Where in the hell is Congress? Talk about useless, a blankin' useless institution. Don't worry--if it's any consolation, I don't expect they'll be around to disappoint us for much longer.
- eli_gottlieb 10mo ago> Where in the hell is Congress? Waiting for next year, after the midterm elections change the parties out, to worry about the deficit when the other guy can take the blame.
- throwaway81523 10mo ago> Moreover it'll ruin USD as a reserve currency another unforced error. I think that is intentional, based on some bizarre reasoning somewhere in the Project 2025 docs.
- watwut 10mo agoCongress republicans are fully in agreement with Trump project and openly support it. They are not sleeping doing nothing. They are actively supporting it.
- scrubs 9mo agoIn near term you are mostly ie 85% right. And yet the time will come when they'll have to choose between themselves and Trump in the 2026 and 2028 elections. Meanwhile, I think a lot of Republicans simply don't know how to handle this and by inertia do nothing out of cowardice. Now this situation is complicated. Take the border. The dems (plus cnn, ms-now) cannot bring themselves to say: illegal immigrants must be deported, and those adjudicated in court ordered to leave but didn't must be deported. That kind of stupidy doesn't help force Republicans to get a backbone as it may keep the voting public somewhat on trump side, which happened on 2024. At the same time ICE's execution is so piss-poor including ignoring habius corps, ignoring court orders, snd killing US citizens Republicans without backbone cannot delay their reckoning overly long. Indeed republican congressman are uniquely positioned to effect law+funding to deport lawfully, to require operational control at the border, and to mark off limits those that are here legally and do something about the multi-year backlog in cases. And importantly hold the executive branch in check.
- e40 10mo agoCongress? The majority of them are now beholden to the oligarchs and will do their bidding. We are truly fucked.