Musk on BBB

20,046 Views | 314 Replies | Last: 8 mo ago by Jet White
Aggie1205
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I'm not sure why people expect Trump to know how to actually be fiscally conservative. Even with his own businesses he has never had to be. He got hundreds of millions from his father. He could afford to take big risks and have a bunch of stuff go bankrupt because he always had more money behind it. He hasn't likely ever worried about budgets even in his own businesses.
jamey
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UntoldSpirit said:



I don't see the value of poo-pooing it at this point. I mean, we can all just give up and start to learn Mandarin I guess.



You poo-poo it because our children and grand children's way of life depends on how the public responds.


Giving up isn't learning Mandarin, it's pretending its ok
Funky Winkerbean
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Why does nobody hold the Democrats to account? Yes, it's been caused (debt) by both parties overspending but why can't Democrats help with the fix? Seems like a problem we could unify the country with.
Funky Winkerbean
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jamey
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Funky Winkerbean said:

Why does nobody hold the Democrats to account? Yes, it's been caused (debt) by both parties overspending but why can't Democrats help with the fix? Seems like a problem we could unify the country with.


Democrats don't even pretend to be fiscally responsible. We need Rs to stop pretending, or a 3rd party to gain some seats
BigRobSA
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LOL


"I'm a fiscal hawk...."


LOLNope. Not if he's pimping this **** sammich known (stupidly, mind you) as the BBB.

Might as well call it Build Back Better for all the liberalism it contains.
BigRobSA
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mjschiller said:

Our country is already bankrupt.
****

We made bankruptcy our ***** and eleventied down on it.
Jet White
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Quote:

And cutting 1.6 Trillion out of mandatory spending immediately at least shows a willingness to go in the right direction.


Again, this referenced figure is over 10 years and has a near zero percent chance of coming to fruition. Even if it hypothetically did, $160 billion a year ain't going to come close to solving our problem, regardless of what you choose to believe about GDP. If they wanted to "show willingness to go in the right direction", they could propose something that starts enacting meaningful cuts now, rather than marginal and highly questionable cuts several years down the road.
BigRobSA
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Jet White said:

Quote:

And cutting 1.6 Trillion out of mandatory spending immediately at least shows a willingness to go in the right direction.


Again, this referenced figure is over 10 years and has a near zero percent chance of coming to fruition. Even if it hypothetically did, $160 billion a year ain't going to come close to solving our problem, regardless of what you choose to believe about GDP. If they wanted to "show willingness to go in the right direction", they could propose something that starts enacting mea go full cuts now, rather than marginal and highly questionable cuts several years down the road.
Man, whoever said that sounds just like a Democrat.
BigRobSA
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Kansas Kid said:

UntoldSpirit said:

Jet White said:

UntoldSpirit said:

Logos Stick said:

UntoldSpirit said:

Jet White said:

Quote:

-The BBB cuts around 1.6 Trillion immediately in non-discretionary spending.


This is a typo right?
Both the OMB director and Senator Mullin today reiterated that fact. The problem is that the SS tax promise (and tips and overtime tax promises) cut into that. But those cuts will be improved upon in 2026.


LoL, no they won't.

All the cuts are back loaded. For example, the Medicare cuts for wste, fraud and abuse don't start until 2029, AFTER Trump leaves office. They will never happen.

In order to not violate the Byrd rule, they have to promise to cut a bunch of stuff on the back end. Cuts that will never occur because they will pass another reconciliation bill to nuke the cuts.
You may be right about those particular cuts (I don't know) but according to OMB and Mullin, the 1.6 trillion is happening NOW. That was emphasized.


I don't know how you are interpreting what you heard or where you heard it, but this is insanely inaccurate.
Please press play on this video- this one starts at the point he talks about the 1.6 trillion. OMB director said the same thing today.



The claim is for 1.6T over 10 years with most of it back end loaded. Let's say you and the claim are right, that is only 160b/year. While it would be appreciated, it is still no where near a balanced budget. We need 1.6T per year to come close to balancing it and the cuts need to be 1.6t starting in 2026.
Yep...

Claiming the 1.6T as some sort of win sounds like a Dem tactic, honestly. Every time they have the CBO "grade" their spending bills....."Oh, look, it's this much!" and they don't tell you it's backloaded to the point of belief in it actually happening making one an ignorant moron.
jamey
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I don't know why we accept politicians misleading and lying to its citizens. Why is it acceptable that getting to the truth requires a lot of digging for reality?

A big reason is too many voters are pro political party over the
US.


Eventually AI will make ot easy to get to the truth as it fact checks thr misleading BS as it flows from politicians mouth

That should result is less interest in political party over the US mindset because it won't be entertainment any longer, just back to boring politics that actually matter. More policy over party
UntoldSpirit
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Funky Winkerbean said:

Why does nobody hold the Democrats to account? Yes, it's been caused (debt) by both parties overspending but why can't Democrats help with the fix? Seems like a problem we could unify the country with.
Exactly. But the reality is that Democrats almost universally don't care about fiscal responsibility and many of them actually, and quite foolishly, want the country to fail so they can rebuild it as a progressive socialist state where they are in control.

Trump is right. Growing our way out of this is the right answer. Hold the line on spending and grow the economy at very high clip.

UntoldSpirit
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It's 1.6 Trillion immediately. But there are also tax cuts which offsets some of the spending cuts. The tax cuts are required for the growth which is even more important.
jamey
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Theres no 1.6 trillion in immediate cuts

I asked grok to explain, maybe it can get thru


When does the 1.6 Trillion in spending cuts happen

The $1.6 trillion in spending cuts refers to the net spending reductions proposed in the House-passed Fiscal Year (FY) 2025 budget resolution, specifically within the "One Big Beautiful Bill" (OBBBA) framework. These cuts are part of a reconciliation process aiming to reduce mandatory spending by approximately $1.5 to $1.7 trillion over a 10-year period from FY 2025 to FY 2034. There is no specific single date for these cuts to "happen," as they are planned to be implemented gradually over the decade, subject to legislative approval and execution.
Key points:
Timeline: The cuts are projected to occur over the 10-year budget window (20252034), with specific implementation details depending on the passage of reconciliation legislation and subsequent executive actions. The House passed the budget resolution on February 25, 2025, and the Senate approved a related framework on April 5, 2025, with the House aiming to finalize aspects of the bill by Memorial Day 2025.

Context: The $1.6 trillion figure is cited in posts on X as part of the largest mandatory spending cuts in recent history, focusing on programs like Medicaid, SNAP, and other anti-poverty initiatives, while also increasing spending on defense and border security.

Challenges: The cuts face hurdles, including disagreements within the Republican party, potential court challenges, and the need for Senate approval. Some sources indicate that achieving the full $1.6 trillion may be difficult without touching major programs like Social Security and Medicare, which have been largely protected.

For the most precise timeline, the cuts would begin taking effect after the reconciliation bill is enacted, likely starting in FY 2026 (October 2025), with gradual implementation over the decade. However, the exact timing and scope depend on Congressional action and potential legal or political obstacles.


panhandlefarmer
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I do agree that debt to GDP is the important measure and not just the size of the debt. It is a balancing act as to many parts of the economy are dependent on government spending, such as agriculture, and I don't think we can completely shut that all down without causing a GDP lowering recession or worse. That will be just as devastating as defaulting on debt. We were over 120 last time I checked.
BigRobSA
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UntoldSpirit said:

It's 1.6 Trillion immediately. But there are also tax cuts which offsets some of the spending cuts. The tax cuts are required for the growth which is even more important.
No. It's not. At all.

Nip this piece of **** bill in the bud and start over with actual, real, immediate cuts in spending.

All this talk of "Trump has shown the Republicans how to have balls again...." is laughable when you consider just how poosified the R's are to actually do what is right for the country.
Jeeper79
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Funky Winkerbean said:

Why does nobody hold the Democrats to account? Yes, it's been caused (debt) by both parties overspending but why can't Democrats help with the fix? Seems like a problem we could unify the country with.
Dems love entitlements and will fight to the death to keep and grow them. Being a Dem is intrinsically linked to big government. We can never rely on them to shrink it.

That's why we have to do it ourselves when given the rare chance.
Jeeper79
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UntoldSpirit said:

Funky Winkerbean said:

Why does nobody hold the Democrats to account? Yes, it's been caused (debt) by both parties overspending but why can't Democrats help with the fix? Seems like a problem we could unify the country with.
Exactly. But the reality is that Democrats almost universally don't care about fiscal responsibility and many of them actually, and quite foolishly, want the country to fail so they can rebuild it as a progressive socialist state where they are in control.

Trump is right. Growing our way out of this is the right answer. Hold the line on spending and grow the economy at very high clip.


We've had a budget deficit for 46 of the past 50 years, including some very prosperous times.

We're not growing our way out of a deficit because we will always find a new way to spend. The commitment has to be to reduce spending.
Burpelson
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Tech Bros are into this govment stuff for themselves, Elon & DJT only want to do what is for there own interests, MAGA needs to wake up and understand why you saw (Zuckerberg, Bazos, google Ceo, Elon) at his inauguration.
ts5641
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What's the alternative? You do nothing and nothing gets passed and then the dems overtake congress in 2026. Just pass the ****ing bill!
Elon thanks for your help. Now shut the **** up!
TRM
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bobbranco
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Martin Q. Blank said:

Quote:

You're not going to cut a lot unless you have a big majority in both chambers.
Hey Charlie Brown, Republicans had a big majority in both chambers in 2017 and failed to repeal Obamacare. We will NEVER cut spending even if Republicans have a super majority.

And the coward McCain voted with the Democrats. The Republicans with a big majority and such.
UntoldSpirit
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BigRobSA said:

UntoldSpirit said:

It's 1.6 Trillion immediately. But there are also tax cuts which offsets some of the spending cuts. The tax cuts are required for the growth which is even more important.
No. It's not. At all.

Nip this piece of **** bill in the bud and start over with actual, real, immediate cuts in spending.

All this talk of "Trump has shown the Republicans how to have balls again...." is laughable when you consider just how poosified the R's are to actually do what is right for the country.
OMB director says it IS 1.6 Trillion of cuts immediately, but they are offset by tax cuts and other spending increases (like defense), so the budget deficit doesn't get cut that much.

The only way you are going to get what you want is to nix the Tax cuts and defense spending (such as the spending for the "shield"). Let's see how long republicans stay in office if they do that.

Holding the line on spending is the plan. They have basically done that in this bill even with the tax cuts. Further reductions when more of the budget is available to cut is the plan. DOGE rescissions are the plan. 3 plus percent in GDP growth is the plan. Those things should lead to a balanced budget in fairly short order.

Nothing else is going to work. Without the growth package, the deficits will blow up. Could they stand to get more cuts? Absolutely, but they get no democratic votes, and no Rino votes, so you have to operate under that reality.
jamey
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ts5641 said:

What's the alternative? You do nothing and nothing gets passed and then the dems overtake congress in 2026. Just pass the ****ing bill!
Elon thanks for your help. Now shut the **** up!



Educating the public is the only way this works out. Elon and everyone else need to be leaders and be honest for the US instead of just lining their own self interests

I think a key selling point is to point out how this debt is a burden on our kids and grandkids

The only leaders are Elon, Rand Paul and a few others.
flown-the-coop
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Still nothing from Trump on Elon but Thune just skirted around Bill Hemmer asking him if he thinks Musk is mad because he didn't get the work to improve ATC and his buddy's nomination to head NASA was pulled.

Elon doesn't strike me as overly petty, but it makes me wonder if Thune, Johnson and others use his X post to put distance between them and Musk, which I think most in Congress would more than welcome, for better or worse.
UntoldSpirit
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jamey said:


The only leaders are Elon, Rand Paul and a few others.
Rand Paul is no leader on this. His position is completely illogical. He is for the bill, but against raising the debt ceiling, giving democrats the opportunity to hold the administration hostage. That's as crazy as Fauci sponsoring gain of function research.

jamey
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UntoldSpirit said:

jamey said:


The only leaders are Elon, Rand Paul and a few others.
Rand Paul is no leader on this. His position is completely illogical. He is for the bill, but against raising the debt ceiling, giving democrats the opportunity to hold the administration hostage. That's as crazy as Fauci sponsoring gain of function research.




He has a long history of talking about the debt problem and he's still talking about the debt problem unlike all but a handful of others
JDCAG (NOT Colin)
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bobbranco said:

Martin Q. Blank said:

Quote:

You're not going to cut a lot unless you have a big majority in both chambers.
Hey Charlie Brown, Republicans had a big majority in both chambers in 2017 and failed to repeal Obamacare. We will NEVER cut spending even if Republicans have a super majority.

And the coward McCain voted with the Democrats. The Republicans with a big majority and such.


Lol. Given how many other Rs wilt when Trump goes after them (and pretty much his entire life story), you are welcome to not like McCain's politics, but "coward" is a laughable description.

This is kind of MAGA in a nutshell - turn on people that literally gave up years of their life fighting for this country because Trump said to and then say everyone else has TDS.
Ag_of_08
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You haven't been following musk much if you dont think he can be nuclear level petty.

His whole realignment to the republican cause started out of nuclear level petty.
Ag_of_08
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ts5641 said:

What's the alternative? You do nothing and nothing gets passed and then the dems overtake congress in 2026. Just pass the ****ing bill!
Elon thanks for your help. Now shut the **** up!


Yes, dont question dear leader, even though "just passing the bill" will break most of his campaign promises and raise the debt/spending .
.
Logos Stick
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Logos Stick
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Trump will increase the debt to $46 trillion during his term, a 27% increase!
GeorgiAg
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The fact that Trump has been silent on this is very telling. Anyone else he would have excoriated on tv, truth social or both by now.

It also speaks volumes to the extraordinary level of politic power we've given to the billionaire class. Citizens United and the campaign finance free for all make the politicians afraid to cross whatever the billionaires want.
halfastros81
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Holding the line on spending and getting the economy rolling is probably the best outcome we can hope for with the thin margin in Congress . This could lead to a bigger majority in the next cycle and they can work toward more cuts then. The handful of real Fiscal hawks need to keep squawking loudly . They are 100 % right but there simply aren't enough of them to expect deeper cuts to pass .
tysker
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Jet White said:

Quote:

And cutting 1.6 Trillion out of mandatory spending immediately at least shows a willingness to go in the right direction.


Again, this referenced figure is over 10 years and has a near zero percent chance of coming to fruition. Even if it hypothetically did, $160 billion a year ain't going to come close to solving our problem, regardless of what you choose to believe about GDP. If they wanted to "show willingness to go in the right direction", they could propose something that starts enacting meaningful cuts now, rather than marginal and highly questionable cuts several years down the road.
Remember, we are currently borrowing about $5.5 billion per day.
A cut of $160 billion represents about 29 days of borrowing. So this is the good old "reduction in the growth" of deficit spending tactic that allows headlines to be written and presents the information to the public as half-truths.
 
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