The hard-right lawmakers are insisting on steeper spending cuts to Medicaid and the Biden-era green energy tax breaks, among other changes, before they will give their support to President Donald Trump’s “beautiful” bill. They warn the tax cuts alone would pile onto the nation’s $36 trillion debt.
The failed vote, 16-21, stalls, for now, House Speaker Mike Johnson’s push to have the package approved next week. But the Budget Committee plans to reconvene Sunday to try again. Lawmakers vowed to negotiate into the weekend as Trump is returning to Washington from the Middle East.
“Something needs to change or you’re not going to get my support,” said Rep. Chip Roy, R-Texas.
The US’ credit rating has already been dropped from triple A with the deficit being cited as a key reason.
The goal is to cut funding and services as fast as possible to accelerate the process of returning to feudalistic times. One where you and I fight over ‘limited’ resources due to artificial scarcity while they live lavishly in their palaces.
Well you see if they burn everything else, then their part becomes much more valuable. It’s like taking half the pie and then shitting on the rest.
You think the current efforts and changes will get that credit rating fixed?
Republicans certainly have no intention of meaningfully addressing the deficit and they never have. Their appetite to drive the deficit up to fund tax cuts for the rich has only grown since Reagan.
The fact that this was blocked is mildly surprising at best. It means very little when we know all they’re looking for is to cut funding for key public services even further.