Posted on 05/27/2025 5:37:13 AM PDT by RandFan
The fiscal impact of President Trump’s “big, beautiful bill,” which one prominent budget hawk called a “debt bomb,” is becoming a significant political concern among Republican lawmakers who have made little progress toward offsetting the $3 trillion projected cost of the legislation.
Some GOP senators fear that the bill’s failure to rein in federal spending in a substantial way over the next decade is fueling jitters in the bond market, where soft demand for U.S. debt has caused yields to climb in recent weeks.
And they worry that if Republicans pass Trump’s bill on party-line votes in both chambers, they will get blamed for heaping trillions of dollars onto the debt and the economic consequences that may follow in the future.
“I think we’re having trouble selling our long bonds already,” warned Sen. Rick Scott (R-Fla.), who cited the rising interest rates.
Scott is one of at least four Senate Republican conservatives who are sounding the alarm over the long-term fiscal implications of the 1,116-page budget reconciliation bill that passed the House.
They support many of the bill’s components but argue that it falls well short of what is needed to reduce annual federal deficits that are projected to grow from $2.2 trillion a year in 2025 to more than $2.5 trillion in 2035.
“I want to get a deal done; I support the president’s agenda. I support the border; I support the military; I support extending the Trump tax cuts, but we have to live in reality. But we got to live in reality here; we got a fiscal crisis,” Scott said.
(Excerpt) Read more at thehill.com ...
By stated purpose, you can't have both as a plan for public assistance. You can have one or the other. They are a duplicate function.
Just legislate Medicaid into the dumpster and move everyone onto Obamacare. (Affordable Care Act)
The last sentence of this big bill:
SEC. 113001. MODIFICATION OF LIMITATION ON THE PUBLIC DEBT.
The limitation under section 3101(b) of title 31, United States Code, as most recently increased by section 401(b) of Public Law 118-5 (31 U.S.C. 3101 note), is increased by $4,000,000,000,000.
They don’t really care. The GOP never lifted a finger to lower debt or spending.
It’s all politicians being jerks.
Vote them out.
So far, looks like the only ones complaining aren’t up until 2028 or 2030.
Big talkers.
Don’t confuse the pearl clutching, crystal ball readers on FR with facts.
Hurts their 4 IQ points.
Since the GOP never really fights the democrats and never wants to reign in the massive corruption in spending, this is not surprising.
As if Republican Congressional members as a whole have ever really worried about the debt. The majority of them are nothing but a bunch of hypocrites.
There are a LOT of negative narratives about this bill - and all the usual suspects and rinos appear to be lying through their teeth. Here’s a sane summary: https://townhall.com/tipsheet/leahbarkoukis/2025/05/26/stephen-miller-addresses-these-false-claims-about-the-big-beautiful-bill-n2657644
[As I said, the four Republican noes in the senate are all talk, but no fix.]
>”Rick Scott of Florida is a NO On the BBB
It’s over, Freepers...”
Don’t count on it.
Wrong.
Trump told Senator Lee to make the BBB better.
So far, they've produced nothing.
It's as I said. The four Republican noes in the senate are all talk, but no fix.
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