Posted on 06/05/2025 10:11:16 AM PDT by DallasBiff
HOAX: The One Big Beautiful Bill increases spending. FACT: The One Big Beautiful Bill delivers nearly $1.7 trillion in mandatory savings — a fact that even the Congressional Budget Office (CBO) admits is true.
FACT: This is the highest level of mandatory savings in history — dwarfing spending reductions from similar reconciliation bills in 2005 ($140 billion), 1997 ($800 billion), 1993 ($370 billion), and 1990 ($440 billion) on an inflation-adjusted basis.
FACT: The One Big Beautiful Bill’s $1.7 trillion savings are permanent changes to the law — meaning these savings will continue long into the future.
FACT: This is a reconciliation bill — not an appropriations (budget) bill. This means there is no mechanism for including spending reductions on 99% of government operations, which will come in future legislation.
HOAX: The One Big Beautiful Bill adds to the deficit.
FACT: So-called “forecasts” (including by the CBO) predicting higher deficits are based on a false assumption that President Trump’s 2017 tax cuts will expire. In reality, extending the CURRENT tax rates — which this legislation does — has zero impact on the deficit.
If you cite the CBO’s faulty score, you must also cite CBO’s forecast that President Trump’s tariffs will cut the deficit by $2.8 trillion over the next decade. In other words, even the partisan CBO admits the deficit will be slashed by at least $500 billion over the next ten years.
FACT: Of course, the $1.7 trillion savings is partly offset by one-time spending on border security and additional tax cuts (NO TAX ON TIPS, NO TAX ON OVERTIME) — which brings the net deficit reduction to exactly $1.407 trillion.
FACT: Upon enactment the bill — and through increased tariffs revenues, discretionary spending cuts, and reversing Biden-era regulations — the Trump Administration will have taken actions that reduce deficits by at least $6.6 trillion over the next decade.
Sure Mr. Webster.
Johnson just said they spend 14 months putting this monstrosity together... Before Trump. Before Elon.
And this... crap... is the best they could do?
This Country is cooked.
This isn’t even Trumps bill. Johnson said they’ve been working on it for 14 months...
Cuts spending deficits... but raises the deficit by trillions.
So... Neither side is technically “lying” there.
If the (R)'s in Congress, and Musk, kill this reconciliation bill (& NOT a spending/budget bill), the people will feel it in their wallets and bank account's starting the end of this year...just in time to piss people off. All the fence sitting non-conservatives Trump onboarded this last election will turn on the (R) micro-thin margin in the house. Theres just not enough conservatives to hold the house when that happens.
Key provisions of the TCJA that are scheduled to expire after 2025 include:
https://taxpolicycenter.org/features/2025-tax-cuts-tracker
https://about.bgov.com/insights/elections/2025-tax-policy-crossroads-what-will-happen-when-the-tcja-expires/
https://taxfoundation.org/research/all/federal/trump-tax-cuts-2025-budget-reconciliation/
Let me know what happens to our currency when we default on the Nationl Debt...
It’d be great to add another million to my retirement account. Maybe that way I can afford a loaf of bread when I retire.
Where are you getting your information from to form this line of thought?
Reconcilliation only seeks to merge the House and Senate bills into something that gets sent to Trump’s desk.
Appropriations are done once they figure out what all they need our taxes for to spend on all the crap they just passed.
We’re already severly underwater on things we have still not bugeted for... but sure... let’s pass the BBB and the DOGE cuts bill and does nothing substatial to reduce that debt apocolypse... but at least the deck chairs on the USS Titanic will be well organized.
It was never supposed to, never could have been, never will be.
It's the wrong kind of bill.
The wrong tool for the job.
It's like being pissed off that a hammer doesn't tighten a nut very well.
50 posts so far and no one seems concerned about who will be the nominee for NASA.
Buried at the bottom of the article:
Reaction to the withdrawal was swift. Jonathan McDowell, an astronomer at the Harvard-Smithsonian Center for Astrophysics, called it “bad news” for NASA, while far-right activist Laura Loomer speculated that the move was “an effort to damage ties between President Trump and Elon Musk before the 2026 midterms.”
—
47 throws another t4emper tantrum and every thing others have worked to achieve for the country goes sideways.
Maybe it’s as simple as Musk felt betrayed by Trump after doing all that work with doge and then Trump justs wants to spend like a democrat again, buckle up boys and watch that deficit grow, especially after the dems take the mid terms and just like last time Trump will jus rubber stamp their spending bills……eliminate the debt ceiling YEEEEEHAAAAAH,
Wrong analogy...
“Hey Elon... Find all the garbage in the government and put it in this bag.”
Ok...
“Thanks... Now we’re going ADD more garbage and keep most of what you found and put in the bag...”
WTF?
either way the Dems take the mid terms.
BBB passes- GOP fiscal hawks stay home BBB fails - GOP taxpayers stay home after getting the largest tax increase in history
Trump said today that the guy’s a democrat and one of the benefits of winning elections is “you get to put a guy in from your party.”
***********
Trump didn’t know the dude was a Democrat when he made the nomination?
Where can we read it then, if that’s what’s in it?
Musk is a globalist mole. Always has been.
**********
Snort
It doesn't pear to be the full bill at this point in time from what I can tell, because supposedly it is like 1,100 pages, and this appears to be nowhere near that lengthy.
MYTHBUSTER: The One Big Beautiful Bill Cuts Spending, Deficit — and That’s a Fact
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