MajorRewrite
Iffy
- Joined
- Mar 14, 2014
- Posts
- 6,168
The Republican House of Representatives has begun the process to pass a spending bill and avoid a government shutdown. It might be a difficult task because they’ve needed Democratic Party support to pass the last few budgets.
Quarreling Republicans Float Plan to Cut Taxes, Raise Debt Limit
Cutting Obamacare might be the thing that kicks up a shitstorm.
The budget plan includes $800 billion in increased military and immigration enforcement spending. Someone needs to tell them that’s no way to balance a budget!
Anyway, this is likely to be an “interesting” process based on the past performance of the House of Clowns.
Quarreling Republicans Float Plan to Cut Taxes, Raise Debt Limit
House Republican leaders took the first step Wednesday toward enacting trillions of dollars in tax cuts and raising the nation’s $36 trillion debt limit, offering a plan that risks rankling quarreling factions in the party.
The plan allows the House tax committee to cut taxes by $4.5 trillion over ten years — though it could approve more breaks if it finds other savings from welfare or other programs. That $4.5 trillion threshold gives Republicans only enough runway to do a straight extension of Trump’s expiring 2017 tax cuts. To make any other tax code changes — including eliminating taxes on tips or fulfilling any of Trump’s other campaign pledges — they’d need to find spending cuts or tax increases to offset the cost.
The plan requires at least $1.5 trillion in spending cuts over a decade in programs such as Medicaid, Obamacare subsidies and the Supplemental Nutrition Assistance Program commonly referred to as food stamps.
Cutting Obamacare might be the thing that kicks up a shitstorm.
The budget plan includes $800 billion in increased military and immigration enforcement spending. Someone needs to tell them that’s no way to balance a budget!

Anyway, this is likely to be an “interesting” process based on the past performance of the House of Clowns.