CBO: GOP megabill’s final score: $3.4T in red ink

Tuesday, July 22, 2025

Congress' nonpartisan scorekeeper released its final prediction Monday for how President Donald Trump's signature legislative achievement will grow the national debt and affect U.S. households. Over the next decade, the megabill Trump signed on July 4 would increase the federal deficit by $3.4 trillion and cause 10 million people to lose health insurance, the Congressional Budget Office forecasts

Posted by lamplighter at 01:49 AM | 7 COMMENTS | permalink

Comments

More from the article ...

... While the newly enacted legislation would save more than $1 trillion by cutting federal spending on health care -- with the majority coming from Medicaid -- CBO predicts that the package's costs will far outweigh its savings.

The bulk of the red ink from the package comes from the GOP's permanent extension of Trump's 2017 tax cuts. The analysis finds that the Senate Finance Committee, which has jurisdiction over tax policy, enacted policies that would decrease the incoming federal cash flow from taxes by a total of $4.5 trillion.

That sum includes the cost of tax cuts Republicans added during Senate floor debate of the package. ...

#1 | Posted by LampLighter at 2025-07-22 01:51 AM

New Order - True Faith (1987)
www.youtube.com

Lyrics excerpt ...

genius.com

...
[Verse 1]
I feel so extraordinary
Something's got a hold on me
I get this feeling I'm in motion
A sudden sense of liberty
I don't care, 'cause I'm not there
And I don't care if I'm here tomorrow
Again and again, I've taken too much
Of the things that cost you too much

[Chorus]
I used to think that the day would never come
I'd see delight in the shade of the morning sun
My morning sun is the drug that brings me near
To the childhood I lost, replaced by fear
I used to think that the day would never come
That my life would depend on the morning sun

[Verse 2]
When I was a very small boy
Very small boys talked to me
Now that we've grown up together
They're afraid of what they see
That's the price that we all pay
And the value of destiny comes to nothing
I can't tell you where we're going
I guess there's just no way of knowing
...

@#2 ...

True Faith (song)
en.wikipedia.org(song)

...The original lyrics included a verse that read "Now that we've grown up together/They're all taking drugs with me".

Hague convinced Bernard Sumner to change the latter line to "They're afraid of what they see" because he was worried that otherwise it would not get played on the radio.

When performing the song live, the band have usually used the original line. ...

(the backroom hamsters seem to refuse to allow an underscore in a URL. Oh well.)