Reply to Do Rep Voters Honestly Believe that the BBB Will Benefit Them?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What higher deficit?  They largely kept the same tax rates.
There would have been a higher debt no matter what budget passed, as we saw with all the CRs the last 15 years.
This time they managed to corral the conservatives whining about the deficit who refused to vote for any budget bill.  Thus they didn't have to go to Democrats for votes and could pass a lower level of spending.[/quote]

Those tax rates were set to expire because they could not be made permanent under reconciliation the first time around. When passed, Trump and Republicans assumed Trump would have two terms and the Dems would likely handle the fallout.

But now they have to handle it. And instead of doing that, they are making the tax cut permanent at a 3.3T cost of the deficit.

The deficit and debt will increase because these cuts were never meant to be permanent. They are not sustainable even with massive spending cuts. Republicans just proved that the level of spending cuts required to get the deficit under control are not viable politically. The only answer is tax increases, and instead of addressing the issue, they are kicking the can down the road and massively increasing the deficit and rate of increase to the debt. [/quote]

No. The answer is to stop spending our money! It's not the government's money, it's not your money, etc. It's our money, and they can reduce the deficit by cutting programs that don't improve anything and arent working. All this foreign aid has bought us nothing but the hate of the nations we give it to. Covering medical bills of poor people has brought nothing but a growing "eat the rich" mentality. So no more. You want class warfare- or more accurately warfare between people who want to live and work honestly and those who don't-- you've got it now. We aren't duped. We know what we are doing. [/quote]

You still don't get it, and you obviously DON'T know what you're doing, because they are going to be spending A LOT MORE of "your money."[/quote]

Explain to me how, by me being able to keep an additional 66k for every million in income, I am losing money. Please. Be specific. [/quote]

The bill adds trillions of dollars to the debt. By 2032 the national debt will be about $50 trillion because of this bill.

Taxpayers already pay a trillion  interest a year on our debt. 1) your taxes will go to pay even more interest on the debt because this adds to that burden. Interest on the debt is going to increase more. 2) the bill makes the SS trust fund run out a year earlier in 2032. Do you think Congress is going to let a bunch of seniors SS check get cut when the trust fund runs out? Hell no.  How do you pay for it? Increase taxes or run even more debt. [/quote]

Why isnt the answer to cut spending then? You talk as though a tax increase is the only solution, and it's not. [/quote]

Cut money from what? We just got rid of USAID and fired thousands of federal workers and federal spending still going up.

That’s because do 60% of all federal
Spending is on SS, Medicare, defense and interest on the debt. This bill increases both defense spending and interest on the debt.

Take it up with seniors if you want to cut their SS or Medicare. Good luck with that. 
[/quote]

I don't want to cut Medicaid. And I do think taxes will have to go up because our population is becoming inverted with too many old people and too few young people. I just dont see why that argument is 1) reason enough to keep taking and spending our money, which we will need to invest for our own futures, 2) the only answer. We should be cutting all this foreign aid, etc and taking care of our own people. We are on an unsustainable path of spending and the generations below us are going to get smacked hard if we dont change our ways. [/quote]

Tell me what you want to cut. We just cut foreign aid (check). We just fired lots of federal employees (check). The nation’s deficit will still be higher this year because of the aging population, more defense spending and more interest  on the debt and because of this bill.  Tell me what you want to cut to bring spending down.

When the trust fund runs out in 2032, the two main answers are raise taxes or cut benefits. 
[/quote]

A lot of farm subsidies. For example, tax subsidies incentivize farmers to use a horrific hog farming method that pollutes groundwater and has led to an increase in cancer in places like Iowa. I'd like to stop funding that. Ethanol. Subsidies to processed food manufacturers. Reduce subsidies for higher education because it is leading to escalating education prices.

Also we can increase revenue. We can build a better tax base. We need to be far smarter about funding than we are now because we dont have enough babies to sustain this.  [/quote]

Omg.  For the love of god go read this  bill.  It increases money for farm subsidies. Increases subsidies for ethanol. Because Republicans always take care of their farmers.

And it cuts loan limits and Pell grants. The loan limits are one of the few  good thing in this bill. But those minuscule “savings” are already in this bill that adds trillions to the debt. So it is   Still not an answer to what will you cut when the trust fund runs out in 2032.

[/quote]

You asked me what I want to cut, and I answered. The only thing you're telling me is that BBB didnt go far enough, which I agree with. We need to keep cutting. I'm told that we are saving no money by cutting USAID for $70B and $270B for Dept of Ed. So let's keep cutting. [/quote]

What I’m telling you is this bill goes the opposite direction.  It adds trillions more to the debt.  You know the old adage about holes - stop digging.  Trump just dug another 4 trillion hole.  The stuff you you want to cut is a handful of dirt in comparison. [/quote]

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