All the left will do is scream about some random person who died this week because of this budget proposal. And Americans are dumb af to believe it.

Farmer_J said:

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It's freaking embarrassing that this is the budget Republicans come up with.

Either the deficit his unsustainable, or it's not. why even bother with doge?

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The largest line item in our federal budget is servicing our debt. It's unreal.

BTKAG97 said:

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rgvag11 said:

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waitwhat? said:

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Isn't the $4.5 trillion "tax cut" just a continuation of the 2017 tax cuts?

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I believe so. A 10 year extension.

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If it's an extension of current rates then it's not even a cut. Not shocking. They love playing word games more than they love playing budget games.

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This is not acceptable. They need to cut the top brackets.

rgvag11 said:

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waitwhat? said:

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Isn't the $4.5 trillion "tax cut" just a continuation of the 2017 tax cuts?

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I believe so. A 10 year extension.

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Using reconciliation procedures everything that has to be on a 10 year time horizon all changes sunset after 10 years

Just cut spending. No need for additional tax cut. Balance the budget.

Cut spending and raise taxes. When you find yourself in a hole, the first step is to stop digging.

JFC...

Y'all sound like my kids did on road trips.

20 min into the drive. Are we almost there????????

It's week FOUR of this new administration and Congress, and you want the whole ****ing thing NOWWWWWWWW!!!!!


Step back. Take a breath and remember how you eat an elephant.

One bite at a time.

And this budget resolution wants to take a BIG bite compared to how it's been done in the past...

BoydCrowder13 said:

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Just cut spending. No need for additional tax cut. Balance the budget.

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If they don't extend the 2017 tax cuts, then there will be a LARGE tax increase.

UAS Ag said:

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BoydCrowder13 said:

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Just cut spending. No need for additional tax cut. Balance the budget.

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If they don't extend the 2017 tax cuts, then there will be a LARGE tax increase.

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Define large. For most families, it would be like $2k.

BoydCrowder13 said:

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UAS Ag said:

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BoydCrowder13 said:

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Just cut spending. No need for additional tax cut. Balance the budget.

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If they don't extend the 2017 tax cuts, then there will be a LARGE tax increase.

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Define large. For most families, it would be like $2k.

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It will cost me an additional $20K.

Your post is why taxes should be raised on the bottom brackets. They are largely immune from tax policy consequences.

ChemAg15 said:

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Cut spending and raise taxes. When you find yourself in a hole, the first step is to stop digging.

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Raise them on the bottom 55% who pay nothing. Then we can talk.

YouBet said:

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ChemAg15 said:

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Cut spending and raise taxes. When you find yourself in a hole, the first step is to stop digging.

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Raise them on the bottom 55% who pay nothing. Then we can talk.

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This is the way!

And for a single person with no dependents i would be paying way more than $2,000 while others pay nothing

rgvag11 said:

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House Republicans release a budget resolution that calls for cutting taxes by up to $4.5 trillion and sets a goal of slashing federal spending by $2 trillion.

The resolution also would raise the debt limit by $4 trillion ahead of a deadline this year. https://t.co/wv2tqTVnpb

— NBC News (@NBCNews) February 13, 2025

I guess we are not getting a balanced budget this year.

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Could you post a reputable news source please?

TexAgs91 said:

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rgvag11 said:

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House Republicans release a budget resolution that calls for cutting taxes by up to $4.5 trillion and sets a goal of slashing federal spending by $2 trillion.

The resolution also would raise the debt limit by $4 trillion ahead of a deadline this year. https://t.co/wv2tqTVnpb

— NBC News (@NBCNews) February 13, 2025

I guess we are not getting a balanced budget this year.

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Could you post a reputable news source please?

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To your point, since this is NBC this is probably fear mongering and the actual proposal is even less impactful and meaningless than it already is.

UAS Ag said:

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JFC...

Y'all sound like my kids did on road trips.

20 min into the drive. Are we almost there????????

It's week FOUR of this new administration and Congress, and you want the whole ****ing thing NOWWWWWWWW!!!!!


Step back. Take a breath and remember how you eat an elephant.

One bite at a time.

And this budget resolution wants to take a BIG bite compared to how it's been done in the past...

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Do you realise Congress has pushed this "Over 10 years" shell game for decades? We are *****ing because the Speaker is a typical POS politician spouting nonsense because he knows most of America is a bunch of clueless buffoons. The 1st primary duty of the House is to pass a budget for the next 12 months. That budget can and should have cuts this year, NOT 10 FREAKING YEARS FROM NOW.

NO!!!!

Index spending to revenue or better still, cut almost every spending program by a requisite amount to balance the budget. We don't need to spend $28 billion in taxpayer money on the arts and museums in the US. We don't need to back higher education student loans. We need to raise Medicare taxes and premiums if it has a hope of solvency, decrease SS benefits for many and increase payroll deductions if it also is to remain solvent.

Or, we could come up with private alternatives since SS was never intended as primary retirement income.

UTExan said:

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NO!!!!

Index spending to revenue or better still, cut almost every spending program by a requisite amount to balance the budget. We don't need to spend $28 billion in taxpayer money on the arts and museums in the US. We don't need to back higher education student loans. We need to raise Medicare taxes and premiums if it has a hope of solvency, decrease SS benefits for many and increase payroll deductions if it also is to remain solvent.

Or, we could come up with private alternatives since SS was never intended as primary retirement income.

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The solution is simple.

Just gut entitlements and it is every man for themselves as nature intended.

BoydCrowder13 said:

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UAS Ag said:

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BoydCrowder13 said:

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Just cut spending. No need for additional tax cut. Balance the budget.

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If they don't extend the 2017 tax cuts, then there will be a LARGE tax increase.

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Define large. For most families, it would be like $2k.

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Are you a bazillionaire?

Because there are a **** TON of families that would be hammered with a $2k tax increase.

But, I guess that you wouldn't be affected so it doesn't matter.

Johnson is a slime ball.

drred4 said:

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raising the debt limit is just paying for past obligations that were already out there. That is how I understand that portion.

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The gov't is spending about 1.5 to 2.0 trillion more every year then they are taking in - and the difference is growing (unless Trump & DOGE can reign it in some). Not sure what the debt limit is set at now, but we have $36 trillion in debt. Probably going to bump up against that soon and need to raise it.

Tom Fox said:

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BoydCrowder13 said:

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UAS Ag said:

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BoydCrowder13 said:

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Just cut spending. No need for additional tax cut. Balance the budget.

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If they don't extend the 2017 tax cuts, then there will be a LARGE tax increase.

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Define large. For most families, it would be like $2k.

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It will cost me an additional $20K.

Your post is why taxes should be raised on the bottom brackets. They are largely immune from tax policy consequences.

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I agree with this...

HOWEVER...

It's been 90 years with the system we have.

You can't hammer all of those people immediately.

But, there DOES need to be a plan to change it so that everyone has skin in the game.

Everytime I see sorry ass Mike Johnson's face

JB99 said:

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rgvag11 said:

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House Republicans release a budget resolution that calls for cutting taxes by up to $4.5 trillion and sets a goal of slashing federal spending by $2 trillion.

The resolution also would raise the debt limit by $4 trillion ahead of a deadline this year. https://t.co/wv2tqTVnpb

— NBC News (@NBCNews) February 13, 2025

I guess we are not getting a balanced budget this year.

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How do you cut spending and raise the debt limit at the same time?

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Liberal economics.

waitwhat? said:

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Isn't the $4.5 trillion "tax cut" just a continuation of the 2017 tax cuts?

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Yes. NBC news at its finest. Never trust ANYTHING from them.

In other words, not allowing a multi-trillion tax increase go into effect by increasing tax rates is a "tax cut". This amount is only theoretical anyway - increasing tax rates will not really produce that revenue - it will depress the economy too much, cause a giant misery index, and likely would produce far less in revenue. What revenue it would produce would likely just be another excuse to spend more on trying to somehow end the misery.

Stopping the tax increase just means status quo on the current tax rates, not a tax cut.

Balancing the budget can occur by cutting spending (hopefully DOGE is right that they can cut at least a half trillion if not a trillion) and then by growing the economy to increase revenues and balancing the budget. It will also be interesting to see how much the tariffs can help. A balanced budget could slowly reduce the national debt and save the nation for our children. That's the ticket. Even the entitlements could be funded if we can pull this off.

Please ignore NBC, who is full of radical progressive socialists who want to end capitalism (i.e. freedom).

UAS Ag said:

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Tom Fox said:

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BoydCrowder13 said:

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UAS Ag said:

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BoydCrowder13 said:

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Just cut spending. No need for additional tax cut. Balance the budget.

---

If they don't extend the 2017 tax cuts, then there will be a LARGE tax increase.

---

Define large. For most families, it would be like $2k.

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It will cost me an additional $20K.

Your post is why taxes should be raised on the bottom brackets. They are largely immune from tax policy consequences.

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I agree with this...

HOWEVER...

It's been 90 years with the system we have.

You can't hammer all of those people immediately.

But, there DOES need to be a plan to change it so that everyone has skin in the game.

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Fair enough, but they are currently hammering me without remorse. Start incrementally raising the lower brackets while giving us at the top a corresponding reduction.

UAS Ag said:

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JFC...

Y'all sound like my kids did on road trips.

20 min into the drive. Are we almost there????????

It's week FOUR of this new administration and Congress, and you want the whole ****ing thing NOWWWWWWWW!!!!!


Step back. Take a breath and remember how you eat an elephant.

One bite at a time.

And this budget resolution wants to take a BIG bite compared to how it's been done in the past...

---

I want real cuts THIS YEAR! This proposal has none. The "I'll gladly pay you on Tuesday" crap is over.

Everytime we get a new spending bill or CR, we get the same ole excuse: be patient. Can't do cuts now because ____________ (filll in the blank). But don't worry, cuts are coming.

Same ole tired bull*****

Farmer_J said:

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93MarineHorn said:

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rgvag11 said:

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House Republicans release a budget resolution that calls for cutting taxes by up to $4.5 trillion and sets a goal of slashing federal spending by $2 trillion.

The resolution also would raise the debt limit by $4 trillion ahead of a deadline this year. https://t.co/wv2tqTVnpb

— NBC News (@NBCNews) February 13, 2025

I guess we are not getting a balanced budget this year.

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For the first time in my life I wouldn't mind if they forego the tax cuts and try to balance the budget. I finally have some faith that at least the Executive Branch is serious about it.

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Milton Freeman said tax cuts without equivalent spending cuts is just a tax through inflation.

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Milton Freeman also said that all budgets are balanced. The form of payment is the only thing that changes.

Quote:

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"The key problem is not deficits but the size of government spending. […] I have never supported an amendment directed solely at a balanced budget. I have written repeatedly that while I would prefer that the budget be balanced, I would rather have government spend $500 billion and run a deficit of $100 billion than have it spend $800 billion with a balanced budget. It matters greatly how the budget is balanced, whether by cutting spending or by raising taxes."

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UAS Ag said:

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BoydCrowder13 said:

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UAS Ag said:

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BoydCrowder13 said:

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Just cut spending. No need for additional tax cut. Balance the budget.

---

If they don't extend the 2017 tax cuts, then there will be a LARGE tax increase.

---

Define large. For most families, it would be like $2k.

---

Are you a bazillionaire?

Because there are a **** TON of families that would be hammered with a $2k tax increase.

But, I guess that you wouldn't be affected so it doesn't matter.

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I am not too proud to admit that even an extra $100 a month would have made a lot of difference at one time in my life. Hell, I would take an extra $100 a month now. Especially with what we have found out about where our tax dollars actually go.

Tom Fox said:

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UAS Ag said:

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Tom Fox said:

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BoydCrowder13 said:

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UAS Ag said:

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BoydCrowder13 said:

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Just cut spending. No need for additional tax cut. Balance the budget.

---

If they don't extend the 2017 tax cuts, then there will be a LARGE tax increase.

---

Define large. For most families, it would be like $2k.

---

It will cost me an additional $20K.

Your post is why taxes should be raised on the bottom brackets. They are largely immune from tax policy consequences.

---

I agree with this...

HOWEVER...

It's been 90 years with the system we have.

You can't hammer all of those people immediately.

But, there DOES need to be a plan to change it so that everyone has skin in the game.

---

Fair enough, but they are currently hammering me without remorse. Start incrementally raising the lower brackets while giving us at the top a corresponding reduction.

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They're hammering me too.

I'm just pointing out that the transition is going to have to happen over time. Not immediately.

And I agree with your idea.

Logos Stick said:

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UAS Ag said:

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JFC...

Y'all sound like my kids did on road trips.

20 min into the drive. Are we almost there????????

It's week FOUR of this new administration and Congress, and you want the whole ****ing thing NOWWWWWWWW!!!!!


Step back. Take a breath and remember how you eat an elephant.

One bite at a time.

And this budget resolution wants to take a BIG bite compared to how it's been done in the past...

---

I want real cuts THIS YEAR! This proposal has none. The "I'll gladly pay you on Tuesday" crap is over.

Everytime we get a new spending bill or CR, we get the same ole excuse: be patient. Can't do cuts now because ____________ (filll in the blank). But don't worry, cuts are coming.

Same ole tired bull*****

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I want them this year too.

But I live in reality, so I know that with the makeup of Congress, the cuts I want can't happen the way I want them too.

But, keep complaining about things that cannot and willl not happen.

Logos Stick said:

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UAS Ag said:

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JFC...

Y'all sound like my kids did on road trips.

20 min into the drive. Are we almost there????????

It's week FOUR of this new administration and Congress, and you want the whole ****ing thing NOWWWWWWWW!!!!!


Step back. Take a breath and remember how you eat an elephant.

One bite at a time.

And this budget resolution wants to take a BIG bite compared to how it's been done in the past...

---

I want real cuts THIS YEAR! This proposal has none. The "I'll gladly pay you on Tuesday" crap is over.

Everytime we get a new spending bill or CR, we get the same ole excuse: be patient. Can't do cuts now because ____________ (filll in the blank). But don't worry, cuts are coming.

Same ole tired bull*****

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"Our budget makes it an urgent priority to enact policy reforms in the first year. In FY 2025, spending would be $241 billion lower than projected in the CBO baseline. This is important for several reasons. Too often, Congress pledges to be fiscally responsible in the long-term, but continues deficit spending in the short-term. The promised responsibility never materializes with lawmakers caring more about their immediate political futures than the long-term health of our nation."

FY 2025 started last October. $241 billion would be a pretty good start given they are having to reverse an Aircraft Carrier that set sail in October. And I'll be surprised if DOGE doesn't get this value greatly increased. The policy reforms will be there for continued reductions.

UAS Ag said:

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BoydCrowder13 said:

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UAS Ag said:

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BoydCrowder13 said:

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Just cut spending. No need for additional tax cut. Balance the budget.

---

If they don't extend the 2017 tax cuts, then there will be a LARGE tax increase.

---

Define large. For most families, it would be like $2k.

---

Are you a bazillionaire?

Because there are a **** TON of families that would be hammered with a $2k tax increase.

But, I guess that you wouldn't be affected so it doesn't matter.

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The debt is over $100k per person (including children). It is on pace to be $50T within 10 years.

I'd rather $2k more in taxes (along with spending cuts) than just keep burying my head in the sand. Short term pain for long term gain.

We either need to gut entitlement spending (which even many on this board oppose) or raise taxes. Probably both. While everything DOGE is doing is great and needed, it is a bandaid at best.

Taxes
Cut entitlement spending
Or continued Inflation

1 of those 3 are happening. Probably 2.

TommyBrady said:

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It's entertaining when people seem to forget that no matter who is president the congress will always be corrupt and incompetent. It will never change until it is forced to be changed. We keep electing morons so we keep getting moronic results.

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If we are lucky, some will be caught up in the illegalities and be gone by the Mid-terms because of it.