If true, this is a problem. What makes you say interest rates will rise? |
Once again, this is a prediction. It is not fact. There are economists who believe this is not true. Remember - many of these same people predicting gloom regarding the debt also said tariffs would lead to inflation and a recession. They are still waiting for that to happen...... (It ain't gonna happen.) |
Illegal immigrants are helping to prop up SS. They pay into but don’t collect from it. Federal law doesn’t allow illegal immigrants to get most federal benefits. Some states use their own state dollars to give Medicaid to them but those aren’t federal dollars Los |
People below the 50% of income earners effectively dont pay taxes. So I find the claim that the people detasseling cornfields are sending in billions in tax revenue to be very dubious. |
Cutting spending (strategically, not chainsaw) would be great. This bill *increases* spending. And when taxes on the wealthy are low, why shouldn't taxes be raised in light of the debt? |
Nearly every respectable economist on right or left says this bill will add trillions to the deficit. AEI, CATO, Tax Foundation, Manhattan Institute, American Action forum. All conservative groups. |
They arent low. I pay as much as a European but don't get any of the benefits Europeans get. |
You have that backwards, hon. If the bill had NOT passed, it would have been an increase for about 65% of taxpayers. |
They pay payroll taxes and so does their employer. The payroll taxes for for SS benefits. Read a damn paper once in a while. This is a well known fact. |
TACO blinked That's why |
You are a moron who doesn't understand economics -- or time. Oh well. |
FOX is bad for you |
There are so many offsets that it rebaselines to zero. The poor pay no taxes. |
Yes.
Republicans have paid more than double the amount of advertising than Democrats have, to sell the bill as a TAX CUT. The base loves tax cuts, and won't realize until late 2026 that benefits cuts will hurt them more in the lower-income brackets. |
Bond markets will eventually demand more interest to hold our debt. This is particularly true if they see us as less credit worthy. Americans have benefitted for decades from being a safe haven. It’s why we’ve been able to climb to $37 trillion in national debt since the original bush tax cuts. We’re looking a lot less safe these days and that’s why Moody’s just downgraded america’s credit rating earlier this spring. They said this hill showed America was not serious about getting deficits under control. |