Posted on 07/03/2025 12:34:43 PM PDT by MinorityRepublican
U.S. President Donald Trump will sign the massive tax-cut and spending bill he championed on Friday at 5 p.m., the White House said on Thursday.
(Excerpt) Read more at reuters.com ...
LESS GOV'T, MORE PROSPERITY - MAGA!!!!
For those of you concerned with the huge spending in the BBB, know this — even with the Big Beautiful Bill now passed, rescission remains a live option for cutting spending, though its scope and political viability are more limited post-enactment.
Rescission is a presidential tool to propose canceling previously approved budget authority. Under the Impoundment Control Act of 1974, the president can send a rescission request to Congress, which then has 45 days to approve it via a simple majority in both chambers.
Procedurally, rescission is still viable because it applies to unobligated funds — even after a bill like BBB is passed.
Politically, it’s trickier. The BBB passed by a razor-thin margin (218–214), and any rescission effort could reopen intra-party tensions, especially it targets programs that moderates or rural-state Republicans support.
Strategically, rescission could serve as a pressure valve for fiscal conservatives who feel the BBB didn’t go far enough in cutting spending.
Know this — rescission is still on the table — but it’s more of a scalpel than a chainsaw. It won’t reverse the structural spending increases in the BBB, but it could trim around the edges and signal continued fiscal discipline.
We are between a rock and a hard place, either let it die and risk having the largest tax increase in modern history or pass it warts and all and continue doing rescission later. We need to pressure Congress on this. The price of freedom is eternal vigilance!
Trump has been held hostage by this budget. Now that it is passed, Trump has a lot more freedom to maneuver
Absolutely Zero Democrats voted for this big beautiful bill, correct?
Just like that big beautiful border number we had?
Zero?
Big Beautiful Bankruptcy Bill.
Some medicaid cuts. Trump is getting some $$$ due to tarriffs. DOGE is going after fraud.
All of a sudden, the deficit is $500 billion. Not one trillion.
Darn. Why wait?
It’s funny every time you get to post it
:)
I still think it’s hilarious that the Democrats are now suddenly concerned about spending.
4th of July.
“Millions Reported Dead As ‘Big Beautiful Bill’ Passes”
-Babylon Bee
Massive tax-cut = Consumer Spending
The feds receive more money every time there is a tax cut.
Oh duh, thanks
Not a budget at all. The 2026 budget is next up (other than Doge, Confirmations & EO codifications). Rumor is that there will be considerable cutting in the 2026 budget, of which Trump has sent an outline to Congress. (Specific section on green new scam)
“..Absolutely Zero Democrats voted for this big beautiful bill....”
Everybody keeps calling these evil basstids; “democrats”. They’re NOT democrats, they’re radical anti-American communists. The democratic party died years ago. The name has been usurped by communists that are hellbent on the destruction of of the USA as we know it. They’re NOT democrats. The whole party should be outlawed and banned with the confines of the USA.
How long has it been to get a bill without it being at the very last second to rush something through under the pressure of government shut down / debt default?
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