Friday, January 31, 2025

To Pay for Trump Tax Cuts, House GOP Floats Plan to Slash Benefits for the Poor and Working Class

One of the hallmarks of Donald Trump's presidential campaign was a promise of sweeping tax cuts, for the rich, for working people and for companies alike. Now congressional Republicans have the job of figuring out which of those cuts to propose into law. In order to pay for the cuts, they have started to eye some targets to raise money. Among them: cutting benefits for single mothers and poor people who rely on government health care.

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NEW: To Pay for Trump Tax Cuts, House GOP Could Slash Benefits for Poor, Working Class @justinelliott.bsky.social @robert-faturechi.bsky.social

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-- Charles Ornstein (@charlesornstein.bsky.social) January 30, 2025 at 8:36 AM

Comments

Just like jesus would do.

#1 | Posted by SpeakSoftly at 2025-01-31 12:41 PM

First, the tax cuts raised tax revenues, again, the tax cuts raised tax revenues. That is a good thing for everyone. Second, the US government spending has become so bloated and wasteful that it needs to have the brakes put on it. It doesn't need to include cutting medicaid and medicare and social security and it won't. Do Democrats actually think that we can't cut wasteful spending? I hope not.

#2 | Posted by fishpaw at 2025-01-31 12:56 PM

First, the tax cuts raised tax revenues, again, the tax cuts raised tax revenues. That is a good thing for everyone. Second, the US government spending has become so bloated and wasteful that it needs to have the brakes put on it. It doesn't need to include cutting medicaid and medicare and social security and it won't. Do Democrats actually think that we can't cut wasteful spending? I hope not.

Posted by fishpaw at 2025-01-31 12:56 PM | Reply

Sam Brownback says you're full of smelly brown stuffs.

#3 | Posted by LauraMohr at 2025-01-31 12:59 PM

---- off you god-damned MAGAT idiot. You're a ------- retarded pile of ----.

#4 | Posted by LegallyYourDead at 2025-01-31 01:00 PM

"First, the tax cuts raised tax revenues, again, the tax cuts raised tax revenues. That is a good thing for everyone. Second, the US government spending has become so bloated and wasteful that it needs to have the brakes put on it. It doesn't need to include cutting medicaid and medicare and social security and it won't. Do Democrats actually think that we can't cut wasteful spending? I hope not.

#2 | POSTED BY FISHPAW"

What malarkey. Any facts to back up that big fat lie? Here are some little historical facts for you:

"In 1980, Bush Sr. famously described these economic policies as "voodoo economics," arguing that supply-side reforms would not be enough to rejuvenate the economy and would greatly increase the national debt."

"However, the expectation that decreased taxes on the wealthy and businesses would result in increased spending on goods, services, and salaries failed to materialize. Moreover, President Reagan's relaxed regulation contributed to the savings and loan crisis."
"By the early 1990s, the U.S. economy had fallen back into recession.

President Reagan's policies contributed to a near doubling of the national debt, in part due to his commitment to cut taxes while increasing military spending."

#5 | Posted by Wildman62 at 2025-01-31 01:07 PM

This is where the broke ass magats find out just how bad they'll get screwed for apartheid elmo to get more tax cuts.

President Reagan's policies contributed to a near doubling of the national debt, in part due to his commitment to cut taxes while increasing military spending."

Felon47's tax scam led to the largest increase in the national debt under any presidential term.....so far.

There was a reason why he demanded the debt ceiling be eliminated UNTIL 2029.

#6 | Posted by Nixon at 2025-01-31 01:20 PM

First, the tax cuts raised tax revenues

No. They didn't.

Time and again, studies have been done that if taxes were not cut, tax revenues would have risen faster.

www.chicagobooth.edu

The Trump Tax Cuts' Benefits Were Outweighed by Lost Revenue

#7 | Posted by Nixon at 2025-01-31 01:22 PM

Trumpers didn't get the Memo that Trickle Down economics never ever worked... even it's earliest proponents have admitted that for years now.

#8 | Posted by Corky at 2025-01-31 03:20 PM


#9 | Posted by C0RI0LANUS at 2025-01-31 03:50 PM

Trickle down economics has never worked. Actually, it's shit that trickles downhill. Money sticks right where it lands.

#10 | Posted by SomebodyElse at 2025-01-31 07:15 PM

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