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Posted on 05/23/2025 3:54:16 PM PDT by E. Pluribus Unum
In their fiscal package, Republicans have slipped in a hodgepodge of tweaks that are, at times, only tangentially related to the rest of the bill.
The domestic policy bill Republicans passed in the House this week is full of broad measures that would have visible consequences across the country. Many Americans would see lower taxes, while roughly 10 million could lose access to their health care.
And then there are changes like repealing a pair of $200 taxes on gun silencers.
As tends to happen when Congress takes up a major piece of legislation, Republicans have slipped in a hodgepodge of tweaks that are, at times, only tangentially related to the rest of the bill. Here’s a look at some of those under-the-radar policy provisions, which could change as the legislation moves through the Senate.
The United States collects a minimum tax on income that companies earn overseas. Since the creation of that tax in 2017, the U.S. Virgin Islands, a territory, has been treated as a foreign location for the purposes of the tax. The legislation would create a new carve-out for income earned on the islands, a generous change that is expected to result in a loss of $883 million in tax revenue over the next decade.
The bill includes substantial benefits for the artificial intelligence industry, home to some of President Trump’s most active supporters, including David Sacks, the venture capitalist who is now the White House’s A.I. czar.
It sets aside hundreds of millions of dollars for the use of A.I. in naval shipbuilding, customs and border protection, Social Security and information technology. It also places a 10-year moratorium on the enforcement of state laws involving the regulation of A.I. models and systems.
(Excerpt) Read more at nytimes.com ...
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The Drive-By Media, The Deep State, The Ruling Class are all doubling up on their psych medications upon hearing those two words:
Lighter Regulations
“while roughly 10 million.. ILLEGAL ALIENS.. could lose access to their health care.”
“The US Virgin Islands has one of the highest murder rates in the world.”
Everyone should know that and vacation elsewhere.
Its always interesting to see when journalists choose and not choose to look into legislation and discover the little things.
It’s always important to remember that the largest portion of every dollar sent to Washington is wasted. There is no more inefficient, ineffective, bloated, etc. entity created by by
mankind than government. Every dollar left in the private sector will be used in infinitely better ways.
The problem is never revenue, it’s the spending.
ARE the 10 MILLION that will lose “HEALTH CARE” ACTUAL AMERICAN CITIZENS ?????
OR ARE THEY INVADERS WHO SHOULD NEVER GET EVEN A BAND AID-—WHO NEVER GOT SCREENED FOR THEIR HEALTH WHEN THEY SNEAKED INTO OUR COUNTRY???
CRY ME A RIVER.
Never forget that government is the greediest, most corrupt and murderous force on Earth. It is not even debatable.
Most of them illegal aliens.
The rest of them - USA citizens, who will be required to work, which in most cases means too much income for Medicaid.
I saw somewhere a $4000 standard deductible over 65 benefit for retires.
I approve.
From the article: As tends to happen when Congress takes up a major piece of legislation, Republicans have slipped in a hodgepodge of tweaks that are, at times, only tangentially related to the rest of the bill.
_______________
Democrats, of course, never do that.... [/s]
'Town costs are escalating': State lawmaker proposes new hotel bed tax for Cheektowaga
Notice that cuts and efficiencies are not on the table.
Government can never do with less.
We can, but not them.
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