Tag: budget
Margie Whines That Her Life In Congress Is 'Miserable' -- And Costs Too Much

Mad Margie Is Sorry She Voted For Trump's Budget Bill

Rep. Marjorie Taylor Greene, Republican of Georgia, previously celebrated the House's passage of President Donald Trump's "One Big, Beautiful Bill.” But now she claims that she would have voted against it—had she actually read it.

In a post on X, Greene explained that she didn’t know that the bill includes a provision blocking states from regulating artificial intelligence, and had she known, she would have voted against the Medicaid-slashing legislation that passed by a one-vote margin.

"Full transparency, I did not know about this section on pages 278-279 of the OBBB that strips states of the right to make laws or regulate AI for 10 years. I am adamantly OPPOSED to this and it is a violation of state rights and I would have voted NO if I had known this was in there,” she wrote.

Greene had been championing the dogshit legislation that slashes health care and food stamps while exploding the deficit with tax cuts for the rich. And after it passed the House ahead of Memorial Day, she cheered.

"We passed President Trump’s One Big Beautiful Bill out of the House this morning and now it’s on its way to the Senate!!" Greene wrote on X, celebrating the fact that the legislation would block Medicaid payments to Planned Parenthood.

But now she claims that she didn't read the full bill, the text of which was released late at night and just a few hours before the House voted on it.

But Greene isn't the only Republican to admit to having no idea what she voted for.

Rep. Mike Flood of Nebraska said he didn't know that the bill includes a provision that would make it more difficult for federal judges to enforce contempt rulings—a last-minute addition from sycophantic lawmakers who want to protect Dear Leader from being held accountable for ignoring court orders.

“This provision was unknown to me when I voted for the bill,” Flood said during a town hall, where he was mercilessly booed by his constituents who were angry that he voted in favor of the bill.

As backlash mounts against the bill, it’s possible that we’ll see other GOP lawmakers express remorse for voting in support of legislation that will kick millions of people off of their health insurance and food assistance while potentially taking down the U.S. economy.

It seems that even Republicans understand how much of a political loser the bill is, as GOP lawmakers are straight up lying about its Medicaid cuts to try to avoid voter backlash, which has exploded at town halls across the country.

The White House even released a fact sheet assuring Americans that people won’t “literally die” because of the bill.

If you have to explain to people that you don’t think they’ll die from your signature legislation’s health care cuts, it’s safe to say that you’re not in a great place politically.

Reprinted with permission from Daily Kos.

Elon musk

Behind Elon Musk's Rift With His Presidential 'Buddy'

Elon Musk may have thought that dropping more than $250 million into Trump's reelection campaign would have bought permanent affection from the president. No, it was a show of obeisance that labeled Musk as one to be played. Besides, in Trump's dog-eat-dog view of wealth, the far-richer Musk may have needed cutting down to size.

Trump knows about human nature. Musk, for all his awesome faculties, does not. Like Heracles brought down by trusting a scheming wife, Musk suffered the fatal flaw of assuming that Trump was truly on his side.

At first it looked like Musk's hopes would be met. Stock of the tech mogul's crown jewel Tesla soared on the belief that Trump would grandly reward his enterprises. It's now down 29 percent from its December high.

Musk didn't get that his union with Trump would repel Tesla buyers. They tend to be the better educated and environmentally aware. Trump proceeded to drive a stake in the U.S. electric vehicle market that Musk had launched. Trump's toxic comments about Europe, made worse by his tariff machinations, deep-sixed Tesla sales there.

Did Musk think he was being rewarded with a big government job as head of the Department of Government Efficiency, or DOGE? What Trump did was make Musk the face of unpopular budget cuts.

And so, while Trump was out front vowing not to touch Medicaid, Musk's team found large sums to chop from the program. When the Republican House tax and spending bill cut about $880 billion over 10 years from the program, Trump warmly applauded.

Last Friday, Trump held a bon-voyage press conference for Musk in the Oval Office. Trump patted Musk on the head as he left DOGE to save his wounded businesses. The enduring visual was of an unsmiling Musk with a black eye caused by who-knows-what.

The very next day, Trump delivered more disrespect by announcing the withdrawal of his nomination of Musk's pick to head NASA, his pal Jared Isaacman. As an explanation, Trump cited Isaacman's "prior associations," that is, his contributions to Democratic campaigns.

Musk's enthusiastic endorsement apparently no longer counted for much. Perhaps realizing that he had once again been dissed, Musk "bravely" posted a contrary view on his X website: "It is rare to find someone so competent and good-hearted" as Isaacman.

There's something sad about that. It may be hard to summon tears for the world's richest man, a guy who coldly backed big reductions in life-saving humanitarian aid. But one must also account for his inability to guess how others would react, a genuine handicap that prevented Musk from accurately sizing up Trump. He simply couldn't imagine how the public would respond to DOGE's more savage cuts.

Musk says that he was diagnosed with Asperger's syndrome, a condition tied to difficulty understanding social cues and unwritten social rules. We can well believe it. He suffered at the hands of an abusive father. Bullied in school, he was sent to a hospital after a group of boys pushed him down a staircase.

As Musk returns to his limping businesses, the Tesla board seems unsure what to pay him. Investors had become highly irritated by Musk's disappearance into MAGA land. As pay consultant Alan Johnson put it, the board must require that Musk start "to run it like a real company."

It's hard to see how Tesla can recover from its founder's toxic links with Trump and fascistic movements in Europe. As for SpaceX, foreign governments are already canceling contracts.

As he sent Musk into the sunset, Trump clearly wanted to keep the door open for more play. "He's going to be back and forth, I think."

Feeling sorry for Musk is not impossible.

Froma Harrop is an award winning journalist who covers politics, economics and culture.She has worked on the Reuters business desk, edited economics reports for The New York Times News Service and served on the Providence Journal editorial board.

Reprinted with permission from Creators.

Even 'Fox & Friends' Can No Longer Deny Tax Bill Will Explode Deficit

Even 'Fox & Friends' Can No Longer Deny Tax Bill Will Explode Deficit

Reality crept into Fox News’ coverage of the Republican tax bill on Monday when a Fox & Friends co-host acknowledged that the legislation will increase the budget deficit because the GOP Congress is prioritizing President Donald Trump’s tax cut agenda.

The White House and House Republican leaders seem to have adopted a strategy of flatly lying about the deficit implications of their “Big, Beautiful Bill.” Office of Management and Budget Director Russ Vought falsely claimed that the bill “doesn’t increase the deficit or hurt the debt” while House Speaker Mike Johnson (R-LA) falsely claimed it is “not going to add to the debt” in June 1 appearances on Sunday morning political talk shows.

But Fox & Friends' Ainsley Earhardt acknowledged the following morning that the bill will cause the deficit to increase due to its tax cuts — though she minimized by how much.

“I don't think anyone wants the deficit to go up,” Earhardt said. “But more importantly, it was the permanent tax cuts, it was no tax on tips, no tax on overtime, no tax on Social Security, that’s more important to the American people than seeing the deficit go up a little bit.”

“No one wants that, but they prefer to have these other things,” she added.

While Earhardt claimed that the bill would cause the deficit to rise only “a little bit,” nonpartisan budget analysts say it would “balloon federal deficits by well over $1 trillion.” The Congressional Budget Office, for example, found that the legislation’s “tax provisions would increase the federal deficit by $3.8 trillion over the decade, while the changes to Medicaid, food stamps and other services would tally $1 trillion in reduced spending,” for an overall increase in the debt of over $3 trillion over 10 years.

The legislation’s proposed spending cuts — while much too small to make the bill deficit-neutral given the mammoth size of the tax cuts — would nonetheless be devastating to millions of Americans. The bill would “reduce federal spending on Medicaid by at least $600 billion over a decade and reduce enrollment by about 10.3 million people,” according to the CBO, and “take food assistance away from millions of low-income families” through the “deepest cut” to food stamps “in history,” the Center on Budget and Policy Priorities found.

And while Earhardt directed attention to Trump’s campaign promises about cutting taxes on tipped income, overtime income, and Social Security, those account for a tiny fraction of the bill’s tax cuts. The bulk of the deficit increase is caused by the bill’s extension of Trump’s 2017 tax cuts, which disproportionately benefit the wealthiest Americans.

The CBO combined the impact of the tax and spending portions of the bill and found that it would reduce resources for the poorest households while increasing them for the richest.

At the same time, the bill is projected to fuel little economic growth and could trigger a bond market meltdown that could raise interest rates for consumers, increase borrowing costs, and threaten the broader economy.

As Earhardt might say, “no one wants that, but they prefer to have” tax cuts for the wealthiest Americans.

Reprinted with permission from Media Matters.

How Six Republicans In Congress Will Profit From Broken Medicaid Promise

How Six Republicans In Congress Will Profit From Broken Medicaid Promise

Just five weeks after pledging that they would not support the Republican Party's budget reconciliation package if it included cuts to Medicaid, six GOP lawmakers ultimately did just that on Thursday morning—and an analysis by government watchdog Accountable. US suggested they voted for the legislation to benefit themselves, despite the suffering it would cause for their constituents.

Along with cutting Medicaid for close to 14 million Americans and slashing nearly $300 billion in food assistance, the bill Republicans voted on in the early morning hours after weeks of deliberation included a tax policy proposal to expand a provision called Section 199A, which was previously introduced during the first Trump administration as part of the GOP's original law providing tax breaks for corporations and the wealthy.

The bill that passed in the House Thursday would raise the percentage of qualifying business income—such as rental income—people can deduct from their taxes from 20% to 23%. The provision is now set to expire at the end of the year.

If it's extended as written in the reconciliation bill, Accountable.US identified six Republican House members who could directly benefit from the expansion of the "pass-through deduction": Reps. Rob Bresnahan of Pennsylvania, Rob Wittman of Virginia, Jen Kiggans of Virginia, Young Kim of California, Juan Ciscomani of Arizona, and Jeff Van Drew of New Jersey.

Those six lawmakers were among the 12 who last month wrote to GOP leaders to say they represent "districts with high rates of constituents who depend on Medicaid" and to "reiterate our strong support for this program that ensures our constituents have reliable healthcare."

"We cannot and will not support a final reconciliation bill that includes any reduction in Medicaid coverage for vulnerable populations," wrote the lawmakers last month. "Cuts to Medicaid also threaten the viability of hospitals, nursing homes, and safety-net providers, nationwide. Many hospitals—particularly in rural and underserved areas—rely heavily on Medicaid funding, with some receiving over half their revenue from the program alone."

"It is the peak of hypocrisy that the loudest and most vocal opponents of Medicaid cuts cowered in a matter of days in favor of a bill that will make the largest cuts to Medicaid in modern history—all to pay for lower taxes for the richest."

With the six Republican members poised to earn thousands more each year from the pass-through income deduction, those concerns appeared to have evaporated on Thursday.

"It is the peak of hypocrisy that the loudest and most vocal opponents of Medicaid cuts cowered in a matter of days in favor of a bill that will make the largest cuts to Medicaid in modern history—all to pay for lower taxes for the richest," said Tony Carrk, executive director of Accountable.US. "Even worse, those very members stand to financially gain from those tax cuts, while their own constituents lose their healthcare. Their votes aren't just a flip-flop; they are a betrayal to hardworking Americans everywhere who will be worse off because of this bill."

Accountable's Cash in Congress project found that for the 2023 tax filing year, the six members of Congress earned a combined $327,000 in pass-through income, according to financial disclosures.

Bresnahan stands to benefit the most from the extension of Section 199A, The American Prospectreported, as he earned at least $137,000 from rental properties. Out of the six lawmakers, he also represents the most Medicaid beneficiaries: 230,000.

Wittman reported $105,000 or more in pass-through rental income, and represents 125,000 people who receive Medicaid. Kiggans reported $50,000 and represents 130,000 people who use the healthcare program for low-income Americans.

All together, reported The American Prospect, the lawmakers represent 971,000 Medicaid beneficiaries who could be affected by a work requirement amendment that would go into effect at the end of 2026 and other provisions.

"Millions of Americans will see their healthcare, food, and education costs skyrocket, all so House Republicans can hand themselves and their wealthiest donors a huge tax break," said Accountable. "The only 'winners' in this bill are the billionaires that paid for it."

Reprinted with permission from Alternet.

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