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Drudge Retort: The Other Side of the News
Monday, August 04, 2025

The Congressional Budget Office (CBO) informed Senate Budget Committee ranking member Jeff Merkley (D-Ore.) in a letter Monday that the One Big Beautiful Bill Act, President Trump's signature domestic policy accomplishment, would add $5 trillion to the deficit over the next decade if its temporary tax relief provisions are extended for a full 10 years.

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Interest rates will be higher over the next decade because of the GOP's megabill and drive up borrowing costs even for the federal government, Congress' nonpartisan scorekeeper predicted in a new report. The federal deficit will also increase by $4.1 trillion over a decade, according to the report.

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-- Politico (@politico.com) Aug 4, 2025 at 2:48 PM

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"The CBO estimates that as a result, the total amount of federal debt held by the public would increase by 11.5 percentage points by the end of 2034.

"Each and every analysis from the nonpartisan Congressional Budget Office continues to show the same result regardless of how you look at it: this bill explodes the debt by trillions of dollars to fund tax breaks for billionaires," Merkley said in a statement.

"It is the height of hypocrisy coming from the party that claims to be fiscally responsible," he said."

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Wow! Trumpers really do love 'Murica!

Or at least the Oligarchs they pander for.

"The country is headed toward a single and splendid government of an aristocracy founded on banking institutions and moneyed incorporations and if this tendency continues it will be the end of freedom and democracy, the few will be ruling...I hope we shall...crush in its birth the aristocracy of our moneyed corporations which dare already to challenge our government to trial and bid defiance to the laws of our country.

I sincerely believe that banking establishments are more dangerous than standing armies."

- Thomas Jefferson

#1 | Posted by Corky at 2025-08-04 07:19 PM | Reply

The CBO numbers don't agree with MAGAt fantasies, so it, too, will become a casualty of the "alternative facts" embraced by morons and their manipulators.

#2 | Posted by Doc_Sarvis at 2025-08-05 05:19 AM | Reply

Of course it will.

My guess is $5 Trillion is a low estimate once the ripple effects of ending ACA subsidies and SNAP cuts filter down through the supply chain.

Sh*tler thinks he can make up the difference by taxing the middle class through tariffs but is too stupid to realize that anyone in the bottom 70% will turn to credit cards to pay the increased prices until that source runs out.

For the 1% it is a win-win...they pay less taxes and earn more income from credit card finance charges.

The myth that the Guardians Of Pedophiles are the good for business party is one of the biggest lies ever told.

#3 | Posted by Nixon at 2025-08-05 07:33 AM | Reply

Terrifying tactic to bankrupt America by enriching the unforgivably rich and then tanking FDRs safety net, and taking us back to a time when a few old white men ran the world, certainly the US.
Fascism is the permanent rule of the very few supremely wealthy over the many by using violence, domination, intimidation and tossing democratic ideals out the window, along with a few opponents as in Russia.

#4 | Posted by Hughmass at 2025-08-05 07:42 AM | Reply

...myth that the (GOP) are the good for business party...
#3 | Posted by Nixon

They elected a guy who bankrupted an oil company, then elected a guy who bankrupted a casino. I have no idea how folks got the idea that the Pubs are good at business.

#5 | Posted by TFDNihilist at 2025-08-05 07:50 AM | Reply

They elected a guy who bankrupted an oil company, then elected a guy who bankrupted a casino. I have no idea how folks got the idea that the Pubs are good at business.

Posted by TFDNihilist at 2025-08-05 07:50 AM | Reply

Thanks for the reminder. Arbusto wasn't it??

#6 | Posted by LauraMohr at 2025-08-05 07:52 AM | Reply

Part-eh of Reagoon... keeping the tradition alive... wellllllllll... except for the Russian part...

#7 | Posted by RightisTrite at 2025-08-05 08:47 AM | Reply

You idiots. All of you are trash. You just hate rich people.

Do you not understand how badly the ultra rich Republicans needed these tax cuts?

Have you SEEN what inflation has done to the cost of underage girls these days?

Uncaring libruls!

#8 | Posted by Sycophant at 2025-08-05 12:05 PM | Reply

The CBO is basing this on a GDP of 1.5% and not counting Tariff revenue. GDP was 3% last month.

#9 | Posted by fishpaw at 2025-08-05 12:15 PM | Reply

Where'd the GDP % come from?

#10 | Posted by sitzkrieg at 2025-08-05 12:57 PM | Reply

short answer: A Biden appointee from 2022.

How do you feel about the jobs #s?

#11 | Posted by sitzkrieg at 2025-08-05 12:59 PM | Reply

"I have no idea how folks got the idea that the Pubs are good at business."

They have always been good at protecting the interests of big business.

Citizens United just brought out the worst in them.

#12 | Posted by donnerboy at 2025-08-05 01:04 PM | Reply | Newsworthy 1

Has the brain dead orange pedo fired the head of the CBO yet?

#13 | Posted by reinheitsgebot at 2025-08-05 01:34 PM | Reply

Where'd the GDP % come from?

#10 | Posted by sitzkrieg at 2025-08-05 12:57 PM | Reply | Flag:

Actually I was wrong, it is 1.9% in 2025 and 1.8% in 2026. Real world says 3% growth would be conservative and last actual number was 3%. That's on CBO's website.

#14 | Posted by fishpaw at 2025-08-05 01:41 PM | Reply

Daddy's Home!

#15 | Posted by snoofy at 2025-08-05 01:42 PM | Reply

I'm just glad that Fishp knows more about the Deficit than the CBO.... jajaja!

#16 | Posted by Corky at 2025-08-05 02:39 PM | Reply

Actually I was wrong, it is 1.9% in 2025 and 1.8% in 2026. Real world says 3% growth would be conservative and last actual number was 3%. That's on CBO's website.

#14 | Posted by fishpaw

Will we be revising that downward too?

#17 | Posted by Sycophant at 2025-08-05 05:45 PM | Reply

#16. I'll help you out Corky. To predict a deficit the CBO needs to predict what the GDP will be. The GDP stands for gross domestic product. The CBO predicted a 1.9% growth for 2025 and a 1.8% growth in 2026. If the GDP is 2.3% the bill is debt neutral, anything above that produces a surplus. I'm hoping it's over 2.3 and you're hoping it's under 2.3 because you want the economy to fail. I hope that helped.

#18 | Posted by fishpaw at 2025-08-06 02:13 PM | Reply

Who are you going to believe, the CBO or an insurrectionist ---------?

#19 | Posted by reinheitsgebot at 2025-08-06 02:17 PM | Reply

POSTED BY FISHPEDO

Hey Pedophile supporter, Trump fired millions of government employees, has destroyed the agricultural industry, has destroyed the value of the dollar and made everything more expensive thanks to his use of Executive Orders to increase and abandon tariffs.

Trump must have thought the economy was a 13 years old girl, he ------ it so hard.

And here you are. A useful idiot for billionaires who wouldn't piss on you if you were on fire.

#20 | Posted by ClownShack at 2025-08-06 02:22 PM | Reply

I'm hoping it's over 2.3 and you're hoping it's under 2.3 because you want the economy to fail. I hope that helped.

#18 | Posted by fishpaw

YOu don't care if the economy fails, otherwise you wouldnt be cool with adding trillions to the deficit so billionaires can be richer.

#21 | Posted by SpeakSoftly at 2025-08-06 02:44 PM | Reply | Newsworthy 1

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