House's "Big Beautiful” Bill for Trump Will Take U.S. Over the Cliff
To please Trump, this week's budget resolution in the House of Representatives is slated to add gargantuan amounts to the national debt. Republicans don't seem to care.
Days ago the House came forth with a budget resolution that makes clear that Republicans have no concern at all for the nation’s future. Given how
subservient Speaker Mike Johnson is to President Trump, we can be sure that the House plan is closely aligned with the president’s often expressed desires. Trump bellowed on Truth Social,
"We need both Chambers to pass the House Budget to ‘kickstart’ the Reconciliation process, and move all of our priorities to the concept of, 'ONE BIG BEAUTIFUL BILL.'”
With the country flying past $36 trillion in debt, Trump plans still more tax cuts, beyond extending his 2017 cuts, which will be the fourth set in this quarter century, all by Republican administrations. The House resolution obliges Trump by deliberately allowing for cuts costing an alarming $4.5 trillion over the decade to come.
Money in the budget cannot be found to backfill that bunker busting crater, and the plan hasn’t figured out where to start. Johnson has simply directed the various committees to come up with $1.5 to $2.0 trillion in savings across the next ten years. Even if that were somehow possible, it still leaves as much as a $3 trillion shortfall. And, by the way, committees, stay clear of defense because, to make your task a bit more difficult, the House is voting for an added $100 billion, up from this year’s $849.9 billion defense budget.
BEFUDDLEMENT
Most significantly, the Energy and Commerce Committee, which handles health care spending, is asked to cut $880 billion over the decade and that unmistakably takes aim at Medicaid at least. Trump has vowed many times over that Social Security and Medicare will not be disturbed. In an interview this week by Fox News’ Sean Hannity, Trump said… Continue reading