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[Big beautiful bill] MAGA add 6 trillion dollars in debt while kicking off 17 million off Healthcare

Discussion in 'BBS Hangout: Debate & Discussion' started by astros123, May 12, 2025.

  1. raining threes

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    Yep and I'm sure you remember the pundits lying to us telling us none of this was possible. (Starting with the border cant be secured)
     
  2. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking

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    Trump has broken the Deep State. He has broken the legacy media. 99% of the time, people will promote their own interests... and what we have learned is how the media has been willing to consistently lie, distort, and twist stories to try desperately to hang on to power. The irony is that this behavior contributed to a huge loss in credibility, which then enabled Trump to defeat them.

    Pessimists are not leaders. Pessimists are not job creators. Pessimists are not builders. The haters do not understand the Trump movement. The Trump movement is build on optimism for a brighter future -- and Trump leads this way. It's a huge reason why people support him and why he is as effective as any politician in our lifetimes.


    GOOD DAY
     
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  3. heymak

    heymak Member

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    Or die on the medivac flight to town like my mom did when she had a pulmonary embolism.
     
  4. astros123

    astros123 Member
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    Inflation is UP
    Investment in USA isn't up as GDP was NEGATIVE (fake announcements by countries stroking Trump's ego doesn't count)
    Foreign wars UP
    Innovation DOWN
    Destroying the next general technology like solar for subsidizing new coal subsidies
    Deaths UP
    Global Opinion DOWN
    Education DOWN





    Owning the libs by kicking off 17 million off Healthcare
     
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  5. DaDakota

    DaDakota Balance wins
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    **** Trump and **** YOU if you voted for him.

    DD
     
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  6. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking

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    I have never been happier with my choice for President in my life. Trump is delivering on the promises that he made on the campaign trail. The promises that Americans voted for. This is democracy in action.


    GOOD DAY
     
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  7. Sweet Lou 4 2

    Sweet Lou 4 2 Member

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    The Conquistador feels real good getting that extra few percentage points back on their taxes - totally worth sacrificing a few million lives. Heck, a starving sick child is worth an extra $2 in his pocket. But don't worry, we'll deport them anyway before we have to bury them. US citizens, black, latino, and anyone who complains - the Conquistador is looking at you blue-haired liberal ladies - yall going to be sent to Sudan to be made into terrorist wives!
     
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  8. Phillyrocket

    Phillyrocket Member

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    So you support $6T added to the national debt?
     
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  9. raining threes

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    You don't realize my family and friends have been doing this for years. Yes, my grandfather had a heart attack and died in his bed. But that probably would have happened regardless of where he lived. You bring up worse case scenarios. I'm telling you that most country folks would rather die in the country than live in the city and they not only understand the risks, but embrace the risks. Something you probably will never understand.
     
    #869 raining threes, Jul 4, 2025 at 8:02 AM
    Last edited: Jul 4, 2025 at 8:08 AM
  10. raining threes

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    A liberal caring about the debt after voting for the Green New Scam. LMAO
     
  11. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking

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    No I don't support that hypothetical. I see no pathway where this bill adds $6T to the debt. Where was this figure taken from? The partisan CBO who was hilariously wrong on the 1st Trump tax cuts?

    I believe tax receipts will grow markedly in the years following the passage of this bill. Economic growth will boom after the passage of this bill -- the CBO is not adequately counting this. DOGE will contribute to deficit reduction, as it already has, by attacking waste, fraud, and abuse. This will create significant cuts to spending. Finally, tariffs will bring in $300-$400 billion per year in revenue to the US government -- and that's where it starts. I expect this to grow as a source of income in future years. Brick by brick, these moves will bring down our budget deficit.

    I'm just glad this issue is finally being addressed. The Democrats didn't want a decrease in the budget deficit AT ALL. They let it spiral out of control, completely unchecked. Biden gave us $2T deficits a year, record levels. It was Republicans who forced a dialogue on this issue. And now it's Republicans taking action on it.

    Economic Growth. DOGE spending cuts. Tariff income. The formula for balancing our budget over the long term.


    GOOD DAY
     
  12. Amiga

    Amiga Member

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    Forecasting is never perfect, especially when it comes to long-term projections or policies that involve unpredictable behavioral effects. That said, the CBO is a credible and nonpartisan agency. Its track record shows that short-term projections (1–2 years out) are generally accurate and within a reasonable range, particularly when economic conditions are stable. Longer-term estimates (like 10-year budget impacts) can miss the mark, but not because of incompetence. It's usually because the assumptions behind them get overtaken by real-world changes, like shifts in the economy, new legislation, or unexpected program behavior.

    All in all, the CBO is one of the best tools we have for budget forecasting. It's far more reliable than estimates from partisan-leaning groups and definitely more trustworthy than claims made by politicians trying to sell a message.

    ps. The idea that the CBO is "always wrong" tends to come from the same politicians trying hardest to sell their narrative.
     
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  13. raining threes

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    Trying to explain away their incompetence. SMH

    They've been wrong far more than they've been right over the last decade.
     
  14. Amiga

    Amiga Member

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    Let's look at some hard numbers on the CBO's track record. Take the Tax Cuts and Jobs Act of 2017 - we now have nearly 8 years of data to judge their forecasts against reality.

    The CBO projected TCJA would add $1.8 trillion to the deficit from 2018-28 (or $1.3 trillion accounting for economic growth). They predicted specific revenue impacts that politicians loudly disputed.

    Here's what actually happened: Inflation-adjusted federal revenues since 2017 have tracked within 2% of CBO's post-TCJA projections. Even with a temporary 2022 revenue spike from inflation and capital gains (unrelated to TCJA), actual 2023 revenue was $3.6 trillion versus CBO's projected $3.7 trillion. That's remarkably accurate forecasting.

    Meanwhile, the political claims from 2017 completely missed the mark. Republicans insisted "the tax cuts will pay for themselves" through explosive growth and sustained business investment booms. None of that materialized. Revenues fell exactly as CBO predicted, businesses saw only temporary investment bumps, and Federal Reserve analysis found modest growth gains at best.

    So when it comes to TCJA, the CBO's boring, methodical projections proved far more accurate than the flashy political promises. The politicians who claimed magical revenue growth were wrong by trillions. The CBO analysts who projected modest benefits with real fiscal costs nailed it.

    Some people prefer exciting political narratives over unsexy but accurate analysis. And a large part of this is people aren't able to or willing to dig into boring hard numbers and just trust flashy politicians' claims instead.
     
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  15. astros123

    astros123 Member
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    All talk and no action like most cultists.

    I'll wager with you that our deficits will be larger next year. If I'm wrong I'll ban myself and if you're wrong you quit posting?

    All talk like most cultists and no action. Put up or shut up
     
    #875 astros123, Jul 4, 2025 at 9:13 AM
    Last edited: Jul 4, 2025 at 9:31 AM
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  16. snowconeman22

    snowconeman22 Member

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    Could you provide proof of that statement?
     
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  17. Buck Turgidson

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    "MAGA says so"
     
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  18. Andre0087

    Andre0087 Member

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    [​IMG]
     
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  19. edwardc

    edwardc Member

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  20. edwardc

    edwardc Member

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