U.S. Budget | OBBB Signed into law

[ChileG]

I think this is the magical thinking Trump is urging with his hilarious (if the issue wasn’t so serious) let’s balance the budget posts. Just declare the tax cuts free and declare the budget balanced!

Hell, just buy a new url and make a post claiming the budget is balanced and that would be enough proof here for at least a half dozen posters.

 

[nycfan]

 

[nycfan]

 

[nycfan]

 

[nycfan]

Do Dems in Senate filibuster or not? [I assume not enough will]

 

[mpaer]

So this is a"CR" but with random cuts and increases-is that right?

 

[Zoo_View]

Do Dems in Senate filibuster or not? [I assume not enough will]

Raul Griljava is 77 years-old and has cancer.

There’s a good chance he never steps on the House floor again.

 

[mpaer]

Raul Griljava is 77 years-old and has cancer.

There’s a good chance he never steps on the House floor again.

Tim Moore's abscence interesting

 

[nycfan]

So this is a"CR" but with random cuts and increases-is that right?

Yes

 

[nycfan]

Elon Musk Has Wanted the Government Shutdown​

Sources tell WIRED that Elon Musk has wanted a government shutdown in part because it would potentially make it easier to eliminate the jobs of hundreds of thousands of federal workers.

Elon Musk Has Wanted the Government Shutdown

Sources tell WIRED that Elon Musk has wanted a government shutdown in part because it would potentially make it easier to eliminate the jobs of hundreds of thousands of federal workers.

www.wired.com

“… Sources also tell WIRED that Musk has wanted a government shutdown—an aim that runs contrary to the White House’s stated desire to avoid one—in part because it would potentially make it easier to eliminate the jobsof hundreds of thousands of federal workers, essentially achieving a permanent shutdown. The sources, whom WIRED has granted anonymity, specifically asked to be described generically because information about Musk’s support for a shutdown is closely held.

…
A second Republican who had heard about Musk’s desire for a government shutdown tells WIRED that the billionaire’s goal is for the continuing resolution—a spending bill to temporarily fund the government—to tank, if only to achieve a brief government shutdown.

“You know none of this is about saving money, right?” says a third Republican familiar with the behind-the-scenes push from Musk. “It’s all about destroying a liberal power base.” …”

 

[nycfan]

Believe it when I see it but hope so.

 

[nycfan]

Trump Administration Live Updates: Shutdown Looms With Democrats Opposing 6-Month Stopgap Bill​

Trump Live Updates: Federal Worker Cuts, Ireland's Leader Visits U.S. and the Latest Ukraine News

www.nytimes.com

“… The federal government edged closer to a shutdown after Senator Chuck Schumer of New York, the Democratic leader, said the stopgap bill to fund the government for six months did not have enough support for a vote in the Senate.

He said Democrats in the chamber instead wanted a 30-day bill to negotiate a bipartisan solution.

The government’s funding is set to run out on Friday and there is little time to find another path: House Republicans purposefully left town after passing the six-month funding bill. …”

 

[nycfan]

 

[nycfan]

Schumer's Tough Talk Is Likely Just Posturing

If you think Senate Democrats have suddenly found their backbone, you might want to temper your expectations. Sen. Chuck Schumer’s (D-NY) announcement this afternoon that Democrats won’t help pass the House-approved funding bill may sound

politicalwire.com

“… Here’s what’s likely happening:

Senate Democrats want an opportunity to vote on amendments—particularly to push for a clean continuing resolution without the changes made by House Republicans.

Any amendment introduced by Democrats would almost certainly fail. But a deal allowing amendments would also allow the overall funding bill could pass with a simple majority vote.

So Democrats could go on record supporting their own version of a funding bill before the inevitable happens: final passage of the House version.

At that point, Republicans wouldn’t need Democratic votes to pass the bill—giving Schumer’s caucus a face-saving way to distance itself from a deal that may not sit well with progressives. …”

 

[mpaer]

Schumer's Tough Talk Is Likely Just Posturing

If you think Senate Democrats have suddenly found their backbone, you might want to temper your expectations. Sen. Chuck Schumer’s (D-NY) announcement this afternoon that Democrats won’t help pass the House-approved funding bill may sound

politicalwire.com

“… Here’s what’s likely happening:

Senate Democrats want an opportunity to vote on amendments—particularly to push for a clean continuing resolution without the changes made by House Republicans.

Any amendment introduced by Democrats would almost certainly fail. But a deal allowing amendments would also allow the overall funding bill could pass with a simple majority vote.

So Democrats could go on record supporting their own version of a funding bill before the inevitable happens: final passage of the House version.

At that point, Republicans wouldn’t need Democratic votes to pass the bill—giving Schumer’s caucus a face-saving way to distance itself from a deal that may not sit well with progressives. …”

Help me out
Does the Senate need 60 votes to pass the House Bill? I mean the pubes have a majority?

 

[nycfan]

Meanwhile

Senate GOP’s Tax-Cut Wishlist Heads North of $5 Trillion​

Menu includes more than 200 ideas, ranging from the estate tax to housing credits​

https://www.wsj.com/politics/policy/senate-gops-tax-cut-wishlist-heads-north-of-5-trillion-7af06e9c?mod=mhp

“… On the menu: Reviving lapsed business tax breaks, expanding the child tax credit, loosening the cap on the state and local tax deduction and incorporating Trump’s ideas for eliminating taxes on tips, overtime and Social Security benefits, said Finance Committee Chairman Mike Crapo (R., Idaho), who ticked through a list of ideas Wednesday that could easily top $5 trillion or more over a decade.

… The House and Senate, both controlled by Republicans, must agree twice to maneuver the bill through Congress without Democratic votes. First, they have to settle on a fiscal framework and then they have to write the detailed legislation.

…
They have been stuck for months on that first step. In February, the House set its framework, calling for at least $1.5 trillion in spending cuts over a decade and $4 trillion to $4.5 trillion in tax cuts, plus money for border security and national defense.

The Senate is moving much more slowly, and it could be weeks before there is a House-Senate deal on a framework.

Crapo said senators are interested in spending cuts, too, but they haven’t hashed out the exact contours. Like the House, the Senate will also count on some revenue from faster-than-forecast expected growth …”

 

[superrific]

I really hope the Dems do not cave. If they do, and pull this stunt to absolve themselves of power, I will be upset

 

[nycfan]

 

[nycfan]

 

[nycfan]

Sigh