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Septua

(2,819 posts)
Wed Jul 2, 2025, 05:45 PM Jul 2

I don't know for sure what to believe about Trump's big, beautiful bill...

..but I sure as hell don't believe anything he says or the White House publishes. When numerous GOP politicians are saying it's a bad bill, you know it's got to be a bad bill.

White House version:

https://www.whitehouse.gov/articles/2025/06/myth-vs-fact-the-one-big-beautiful-bill/

PBS version:
https://www.pbs.org/newshour/politics/heres-whats-in-the-big-bill-that-just-passed-the-senate


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I don't know for sure what to believe about Trump's big, beautiful bill... (Original Post) Septua Jul 2 OP
NOT 'big, or beautiful' elleng Jul 2 #1
In the first few points they are just repeating the same thing over and over with slight variations. chowder66 Jul 2 #2
Yeah, lot's of variations on the same lie. Septua Jul 2 #3
I found a NYT article relative to the bill. Septua Jul 3 #4

chowder66

(10,985 posts)
2. In the first few points they are just repeating the same thing over and over with slight variations.
Wed Jul 2, 2025, 07:07 PM
Jul 2

I stopped reading it after that because they are trying to bullshit people. While they may extend this here or that there
they don't tell you that those tax cuts will have to cover the loss of your healthcare or the increase in premiums and utilities bills, etc.

It will be a net loss once all is said and done (and a painful one at that).

Septua

(2,819 posts)
3. Yeah, lot's of variations on the same lie.
Wed Jul 2, 2025, 09:31 PM
Jul 2

I haven't found any confirmation that us middle class folks are gonna' get a $10,000 tax cut. And they don't talk about how they are going to pay for the tax cuts. I guess dipstick Trump thinks the tariffs are going to bring in $2 or $3 trillion every year.

All Führer Trump wants to do is give the rich boys a tax break, grift $ millions for himself and deport all Latino's..

You know, he got that 'mandate'...

Septua

(2,819 posts)
4. I found a NYT article relative to the bill.
Thu Jul 3, 2025, 10:14 PM
Jul 3

I trust NYT far more than Trump.

I've been trying to find some definitive timelines on the cuts:

https://www.nytimes.com/2025/07/02/us/politics/tax-cuts-benefit-cuts.html

Americans who comprise the bottom fifth of all earners would see their annual after-tax incomes fall on average by 2.3 percent within the next decade, while those at the top would see about a 2.3 percent boost...On average, that translates to about $560 in losses for someone who reports little to no income by 2034, and more than $118,000 in gains for someone making over $3 million, the report found.


The disparity owes largely to the fact that Republicans aim to pay for their tax cuts by slashing programs for the poor, including Medicaid and food stamps. The cuts amount to one of the largest retrenchments in the federal safety net in a generation. But the savings they generate only offset a fraction of the total cost of the bill, which is expected to add more than $3 trillion to the federal debt by 2034.


The changes to Medicaid financing are parceled out over time. They target so-called provider taxes, a complex funding arrangement that allows most states to collect federal funding to support their Medicaid programs. The most significant cuts in the bill would apply to only a subset of states, and would phase in starting in 2028.
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