All those billionaires who supported the far right for so long - Koch’s, Mellon-Scaiife’s, Adelson, Mercer’s, Jeff Yass etc) - must be feeling jilted now that Elon bought their boy.
He (or his owners) wants to get rid of the debt ceiling because the debt ceiling is the obstacle for doing a classic, full-on, 1980ies style corporate raid - only not on a corporation but on the whole country.
Well that’s not how it’s worked out so far because the debt ceiling isn’t actually something that they need to consider when passing spending bills and tax cuts. Legally it’s a whole separate thing, and the debt ceiling doesn’t prevent congress from passing whatever kind of irresponsible tax cuts they want. It’s a totally meaningless symbolic thing that isn’t part of the budgeting process.
If it actually was part of the budgeting process and congress were required to explicitly approve a bigger debt in order to pay for tax cuts that would be a different conversation. But as it is, they’re currently allowed to pass tax cuts pretending that it will stimulate the economy so much that revenue will increase, then later on when the bill comes due we have this dumb fight about whether or not the country will pay back the existing debts that we’re legally obligated to pay.
Marge again, she admitted she went against what she believes would have been right because she was told to.
For the life of me I don’t understand the control he has over these people.
What else will they gladly do for him. Is there a line they won’t cross?
I am one of the most conservative members of Congress and last night I voted for a bill that ordinarily I would never vote for.
However, the man that took a bullet to the face and won the presidential election with 312 electoral college votes, and the most votes of any Republican presidential candidate in history asked me to vote for it, so I did, gladly
It seems like Trump is going to run the U.S. like a protection racket.
His answer to everything appears to be tariffs. He may not be entirely wrong either given the way the rest of the world is freaking out over the mere threat.
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In the “Home Alone 2" actor’s first 100 days in office, Automotive News reports that he intends to do as he promised on the campaign trail and scrap federal tax breaks for electric vehicle purchases. At the same time, Trump is expected to speed up federally funded EV projects, like new battery plants and increased capacity at America’s automakers […]