OK. Your 1st point is not applicable.
How do things like not zeroing out benefits for illegals, reducing Medicaid payments, etc., help bring back industry to the U.S.?
No one suggested that these initiatives are not positive or that they have anything to do with returning business to the USA either if enacted or not enacted.
Your 2nd point is also besides the mark
Also, while the idea of bringing industry back to the US has merit, it simply cannot be done overnight because the capital funding, tooling, and everything else takes time. A ballooning deficit, plus high inflation and/or interest rates, is going to make it even harder for domestic manufacturers to ramp up and fill the gaps caused by tariffs on imports.
No one is suggesting that bringing back business is an overnigt solution. There are no overnight solutions.
Much of the ~$10 trillion investment coming in due to Trump will be operative in 1-2 years.
We don’t have a high inflation since Biden left. The CBO & left are trying to hang crepe to damage Trump but costs are down. Interest rates will come down in the next 6 months as the tariff deals materialize and uncertainty resolves.
I don’t share your pessimism on the domestic market especially with 100% capital expensing.
BBB Renews 100 percent immediate expensing for equipment and machinery, 100 percent immediate expensing for research & development in the U.S., and increased deductions for interest expenses, and supports the expansion of new production factories and growing operations in America by allowing 100 percent expensing for new...
100% Capital Expensing, also known as full expensing or 100% bonus depreciation, is a tax policy that allows businesses to immediately deduct the full cost of qualifying capital investments, such as machinery, equipment, and certain improvements to real estate, in the year the asset is placed in service. This differs from traditional depreciation, where the cost is deducted over several years based on the asset’s useful life.
Of course it is applicable. Those are the exact reason that conservatives are rebelling against this bill. My question remains - why doesn't this "big beautiful bill" get rid of those horrible programs, and keep the parts about bringing industry back to the US?
None of the rest of what you said is applicable to the point. It is easier to bring back industry to the US when we are not running massive deficits. That's what we should be doing. And that is exactly what these conservatives are advocating.