Search This Blog

De Omnibus Dubitandum - Lux Veritas

Showing posts with label Budgets. Show all posts
Showing posts with label Budgets. Show all posts

Wednesday, August 20, 2025

Say, Whatever Happened To All Those Devastating Spending Cuts We Were Warned About?

Turns out that, despite all the protests, the screaming, and purple-hair-pulling and nose-ring-wiping about President Donald Trump’s “devastating cuts,” spending in July was $55.5 billion higher than it was a year ago.   

What’s more, there were jumps for outlays for agencies such as Veterans Affairs (up $3 billion year-over-year), Medicaid (up $15 billion), the EPA (up $195 million), the National Science Foundation (up $14 million) – all of which were supposedly being slashed and burned.

In fact, just five of the 15 Cabinet-level agencies spent less this July than they did last year.

As we’ve pointed out many, many times in this space, when it comes to spending cuts, both sides exaggerate what’s going on. Democrats do so because they want never-ending spending increases, and Republicans do so because they want to look like fiscal hawks.

The truth is that spending keeps growing, and growing, and growing. That is nowhere more true than when it comes to Medicaid, which as we exposed here (see “One Chart To Kill The Medicaid Lies For Good”), continues to climb at an unsustainable pace under the One Big Beautiful Bill.

But, don’t despair, because things are getting better under Trump.

First, cumulative deficits in the six months since Trump took office – that is, from February through July – are $196 billion lower than they were compared with the same months last year, when President Joe Biden’s autopen was still in charge.

Revenues are up $250.7 billion.

And, while spending is up, the total year-over-year increase in spending over those six months is relatively small – $54.5 billion.

Compare that to the last six months of Biden’s term.

From August 2024 through January 2025, cumulative deficits were $542 billion higher than the previous year, thanks to a $636 billion increase in spending and just $94 billion in revenue growth.

Trump and the Republican Congress have a lot more work to do before they can claim to have gotten the country’s fiscal house in order. But at least they’ve changed course a bit.

— Written by the I&I Editorial Board

Friday, August 1, 2025

One Chart To Kill The Medicaid Lies For Good

Or countless others like these published in the wake of President Donald Trump’s signing the One Big Beautiful Bill?

What’s wrong with them all? They are all based on one big, fat lie. There are no cuts to Medicaid......To Read More....


Thursday, July 17, 2025

World’s Most Biased Headline or World’s Most Misleading Headline?

July 16, 2025 by Dan Mitchell @ International Liberty

Even though it did not do much to slow the growth of federal spending in fiscal year 2026 and beyond, I was glad to see Trump’s One Big Beautiful Bill get enacted.

If nothing else, it saved the country from a big, automatic tax increase next year.

Now there’s another fiscal fight in Washington. Lawmakers are squabbling over whether to approve Trump’s plan to rescind about $9 billion of spending for the current 2025 fiscal year.

To some extent, the rescission package is too small to care about. The burden of federal spending this year is about $7 trillion, so getting rid of $9 billion is way less than one percent of the budget. Heck, it’s not even 2/10ths of one percent of total federal spending.

Indeed, it’s almost impossible to see the impact of the rescission in this chart I created using CBO data.

Here are some excerpts from a report in the Washington Post, which was authored by Theodoric Meyer. As you can see, what he wrote was straightforward and balanced.

But notice the absurd headline!

 

The Senate voted Tuesday to advance President Donald Trump’s request to claw back $9 billion… The vote was 51-50, with Vice President JD Vance breaking a tie… The rescissions bill is a top priority for the Trump Administration… Tuesday’s vote was a first step toward passing the bill. …Congress must send the bill to Trump’s desk by Friday or the administration will be forced to release the funds. …If the bill passes, it would be the first rescissions package that Congress has passed at a president’s request in decades.

Knowing a bit about journalism, it is very unlikely that Meyer concocted that headline. Presumably, it was an editor.

But whoever decided to use “slash” must not be very good at math.

Even if we compare the rescission to the narrow slice of the budget known as “domestic discretionary” rather than overall spending, there is no “slash.”

There’s not even a cut.

To be fair, the headline could have been accurate if it specified that the rescission package would “slash” foreign aid and government-run media (NPR and CPB).

Those are the only two spending categories (out of hundreds and hundreds) that actually take a hit.

And that type of journalistic honesty would correctly put the focus on whether foreign aid plays a useful role (it doesn’t) and whether government-run media is a wise way to spending money (it isn’t).

P.S. Reagan pushed through a far bigger rescission package in 1981, further solidifying his record of easily being the most fiscally prudent president since the end of World War II.

Saturday, July 5, 2025

P&D and The Week That Was

 Truth is the Sublime Convergence of History and Reality

De Omnibus Dubitandum, (Everything is to be questioned!)

This Link will take you to My Commentaries.
 
By Rich Kozlovich 

Well, the Big Beautiful Bill passed, and I've expressed my concerns and what I think the budget should be all about.  I didn't go far enough.  There's a lot of clabber from both sides, and believe it or not, both sides have valid arguments, both sides are lying, but the Democrats are so over the top with their usual emotional pontifications they win the Horsepucky of the Year Award, hands down.  

On Friday I posted this piece, Budgets, the National Debt, and We're Running Out of Time, and since I knew there was going to be a lot of commentaries about this budget I decided to add links to that article I deemed worth your time, from both sides.   But one regarding Medicare was particularly profound in my view because it highlights three important issues this bill on how to fix Medicare, Social Security, and Medicaid before they collapse.  

It seems clear if Social Security isn't privatized it will take a huge tax increase to save it, Medicare will no longer be mostly free.  It also seems to me Medicare recipients who paid into the system, will soon have to start paying monthly premiums.  As for Medicaid, that's an anchor that's going to drag the nation down with politicians on both sides of the aisle virtue signally with self-righteous hand wringing and chest pounding.   At one point the Republican controlled Senate, with a 56/44 vote, actually refused to kick illegal aliens off Medicaid.  Three Republicans crossed over.  Are you shocked to know Susan Collins was one of them. 

  • BELLY-UP—Medicare and Social Security Going Broke Ahead of Schedule Final Word: Blind pundits only see rising taxes or cutting.  It’s not ‘time travel’; the clock is just running faster, but the frightening news is, America is fighting against the clock and losing. The long-feared insolvency of Medicare and Social Security just got a little closer....
  • The 'Go-Broke Date' for Social Security Is Moved Up - Social Security and Medicare are heading toward financial trouble sooner than expected, according to new federal projections. The Treasury Department's latest reports show that Social Security's combined trust funds are now forecast to not contain enough money to pay full benefits in 2034—one year earlier than last year's estimate, Politico reports. Medicare's hospital insurance fund is set to be depleted in 2033, moving up its funding cliff by three years........

As more and more classified information is being found by Trump appointees, and it's shocking how much these agencies hid, and are still trying to hide.  People like "former FBI Director James Comey, CIA Director John Brennan, and DNI James Clapper worked together to purposely corrupt the Trump-Russia investigation in 2016 before Trump entered office."

The FBI  blocked an investigation into the 2020 "Chinese mail-in voting scam to protect Chris Wray who likely lied to Congress".  The DOJ is pursuing that and before all of this is over, and if there's any justice in the world, Wray, Comey, Brennan, and Clapper should all be heading to prison. After all, "no one is above the law."    (More here) But it gets better.  Those who corruptly went after Donald Trump filing false criminal charges against him are going to be exposed, as Senator Grassley is promising to name names.   

The Trump administration is purging the EPA which is long....long... overdue,  a full scale audit "of the SBA 8(a) program found over $550 million in contracts were linked to bribery and fraud schemes." 

Let me tell you about Wilson Tindi, DEI and due process.  Tindi is an illegal alien from Kenya.  A convicted felon, and registered sex offender who the state of Minnesota knowingly hired as an auditor rising to the "highest rank available in the state career civil service".  

Did you ever wonder why the left is so hot due process for illegals?  Because it's forever.  This article outlines how this has been going on with this guy since 2005, his criminal activity and the "due process" procedures, all of which he lost, and he's still here.  That's what the left's due process is all about, straining the system to make in impossible to deport illegal aliens.  If a man with his criminal record can't be deported, it's impossible to deport anyone easily.  I might also add so much of this would be impossible if not for the corrupt federal judges who are part of this story.  

University of Pennsylvania has been forced to apologize for robbing female athletes of winning titles promoting and allowing a man who calls himself Lia Thomas to compete against women, and have now stripped Thomas of his improperly earned titles.  In my opinion, this may have also deprived these women of financial opportunities, so not only the university, but university officials and Thomas need to be sued personally.  

Let's talk about Russia for a minute. Here's a map of Ukraine that Russia has now conquered, after over three and a half years, .... that's it, and Putin tells Trump Russia will never stop trying to conquer Ukraine.  

  

His economy is crashing, their agricultural harvests are shrinking, and due to sanctions only 16 nations are buying Russian grain.  Since the price of oil is dropping, and for reasons I don't understand the value of the ruble is strong, so Russia's gas revenues fell dramatically.  Russia's small business community is facing declines in sales, with the expected loss of revenue making it difficult to get loans, resulting in cuts to expansion and hiring.  The decline in small businesses is a bigger part of the story than is appreciated.

You can tell when a tree is starting to die because it no longer produces leaves on the upper branches, and each year the number of bare branches increases. It feels like the leaves have fallen off the upper branches of the country. Unknown

Putin's lost hundreds of thousands of young Russian men and is incapable of fielding his army without tens of thousands of North Korean "volunteers". He can't manufacture the military hardware he needs, and now Iran may not be able to supply him the drones he's been using.  Another high ranking officer has been killed, and I have to say I've never read where so many high ranking officers have been killed in a war as this one.

As for the blatantly stupid argument about Putin attacked Ukraine because he was afraid of NATO, and not blatant aggression, then perhaps they can explain to me why "Russia continues to illegally occupy about 20% of Georgian territory?"

In Tony Judt's book Post war, a History of Europe since 1945, Part Two, Chapter IX he goes into great detail about the Hungarian revolution and Czech resistance and the Soviet use of force to make sure they all stayed under Soviet control.  Nothing's changed except the names.  It's not about depth of defense, it's about conquest and power, it really is that simple, it's always been that simple, and it will always be that simple when dealing with Russia.  And everyone needs to get that.

Trump needs to understand even his negotiating skills, which are impressive, aren't going to make a difference.  We're already seeing his remarkable negotiations between Congo and Rwanda starting to come apart with disputes over interpretation, economics, and the continued violence by "proxy" groups.  I'm not expecting to see this agreement to hold.  For the sake of all these people who've suffered mighty for 30 years, I hope I'm wrong.  

Europe is a mess, and I've a lot of stored articles dealing with that, so more will be coming soon.  My conclusion is, and has been for a long time, Europe as we know is is doomed.  They did it to themselves, and it's going to get a lot worse.

And finally, Elon Musk is still at it, looking for attention.  First of all, the only third party to be successful in America is the Republican party, and an attempt to be a Ross Perot spoiler for political clout by backstabbing former allies isn't going to play well.  Nothing is in his favor.  His character, his actions, or his goals.  While Ross Perot could be criticized, his goals were deemed honorable.  Not so with Musk.   This "new party" is going nowhere, and any clout he will have will be in his ability to contribute heavily to politicians of his choice, and that may even end up to be a nothing burger. 

I've been busy this week with 12 commentaries of my own and 19 by others, and the six permanent links.  Have a great weekend, and best wishes to all those of honest heart and good will. 

Let's start out with this Quote of the Day.

My Commentaries

  1. Budgets, the National Debt, and We're Running Out of Time
  2. The Left is Bereft of Heft
  3. The XYZ Factors of Organizations
  4. Now, Back to the House
  5. Who Raises A Banner That Says: I Stand For Consensus!
  6. Is Aphorism Another Name For Humor and Snarkiness?
  7. Elon is Just Being Elon. So, Who Cares?
  8. Trump, the Federal Judiciary, and The Government of the United States
  9. Slinging Sammy Baugh
  10. International Asteroid Day
  11. Is Zohran Mamdani Really the Anointed One? Part II
  12. Let Me Get This Straight

 



Friday, July 4, 2025

Budgets, the National Debt, and We're Running Out of Time

By Rich Kozlovich

Well, the Big Beautiful Bill passed, and it did happen before the 4th of July as the President wanted.   Remarkable.  I expected a lot more hoohah from the Democrats than Hakim Jeffries Magic Minute speech that lasted for eight hours and 44 minutes saying nothing, even his party members were falling asleep.  

But for many reasons I think this bill stinks, but to put a bit of perfume on this manure pile I have to view this as a step by step transformational journey to bring in much needed changes, positive changes, and there were a lot of them, including codifying a great many things Trump brought into being via Executive Orders.  Now those EO's can no longer be challenged by the radical judges of the federal judiciary, at least not legitimately.  The next budget bill needs to attack spending massively. Time is running out, so I hope that’s the intent.   

What would I want in a budget, actually in every budget?

  1. First, I want the budget balanced.
  2. A massive reduction in the size of government by defunding and thus eliminating entire agencies, and departments.   Does anyone truly believe the nation needs 457 different agencies?  
  3. End income tax.
  4. Reform Social Security leading to a privatized system, which is clearly necessary as the federal government's management of Social Secutiry has been flagrantly incompetent.  
  5. Massive spending cuts across the board.
  6. An 80% or more reduction in foreign aid.  As Senator John Kennedy of LA. once said: “I don't know why we have to give money to countries that hate us. They should be able to hate us for free.”
  7. The federal government unconstitutionally owns about 25% of the land mass of the United States.  Sell it.  
  8. End all grant money to academia, including student loans, which has only increased the cost of higher education while reducing the quality of education. 
  9. Absolutely eliminate any kind funding for illegal aliens, other than the cost of deporting them. 

The national debt is hovering around $37 trillion dollars, that's five trillion more than in 2023.  The Congressional Budget Office projects the national debt to soar to be between over $50 and $52 trillion by 2034, but since the CBO is so bad at these predictions, and if things remain the same, one has to conclude, it'll be worse, and I think much worse. But that doesn't include all the obligations of the federal government, such as government retirement programs, Social Security, Medicare and Medicaid, all which may be in the 50 trillion dollar range.    

There are those who claim the real number for the nation's debt load, including borrowed money and government obligations, is in the 120 trillion dollar range!  Is that true?  I have no idea, and truthfully, the numbers are so massive, I don't think anyone knows for sure.  Even the Pentagon unendingly fails their audits having no idea where billions of dollars have gone over the years.  And they're not unique in that respect. 

There are agencies that have spent billions and no one tracked those expenditures, worse yet, no one knew there wasn't a tracking system in place.   At least until DOGE went in and audited agencies with AI programs and discovered that's what was happening, which was shocking.  The entire leadership of each of those agencies should have been fired. 

Are the banks sound and safe?  It turns out the FDIC had a shortfall of $70 billion dollars in 2023.  Now...that's a lot of short fall.  Banks are paying a fee to the FDIC which is supposed to be self funding, how did that happen?  No one seems to know.  I've written a lot about the national debt and the looming danger it represents, here are my National Debt Commentaries, and My Fixing Government Commentaries

In February of 2023 I wrote:

 ".......at least 90 times in the 20th century and 74 times from March 1962 to May 2011, including 18 times under Ronald Reagan, eight times under Bill Clinton, seven times under George W. Bush, and five times under Barack Obama. In practice, the debt ceiling has never been reduced, even though the public debt itself may have reduced."
 
Joe Biden raised it once.  Trump raised it three times in his first term and now he's done it again, and during his first term even wanted to eliminate it entirely.  I find that troubling.   I find it shocking so little attention is being paid to the national debt.  I find it mind boggling the vast majority of those in power don't seem to be concerned the interest on the national debt is expected to amount to $952 billion dollars,  the second highest expense of the federal government, and now will be over a trillion dollars a year.   Do we really believe the nation can sustain itself with a national debt of over $50 trillion dollars, and I would assume the interest on that would end up pushing between $1.5 and $2 trillion dollars a year.  
 
That's not sustainable, and we're running out of time.  
 
Here's more, and I will be updating this over the next couple of days, and trust me, there's as much propaganda as there is fact in the articles appearing:
  • Congress Surrenders to Trump - Trump, as did Augustus and other epochal leaders before him, is cobbling together a principate, retaining the outward constitutional forms, but consolidating power into a single individual..........
  • The BBBA’s hidden tax hike on America’s farmers - The devil is in the details, and lawmakers must work to snip this one out of Trump’s funding bill........
  • BBB passes in House: Illegals to pay for their own phony asylum filings - Illegals will think twice about clogging the courts with junk claims......... 
  • Golden Age Secured: House Passes BBB - President Donald Trump’s big, beautiful bill is en route to the White House, the culmination of months of work by the President and his team and the realization of scores of campaign promises......
  •  The Autopen Speaks: Biden Comes Out of Retirement to Bash Trump’s BBB -Former President Joe Biden made a rare reentry into the spotlight Thursday to attack President Donald Trump’s landmark legislative victory, posting on X just hours after the “One Big Beautiful Bill” cleared the House................    
  • Rep. Andy Ogles: Trump Deserves Third Term, Place on Mt. Rushmore After BBB Success -   Rep. Andy Ogles (R-TN) is celebrating the passage of the “big, beautiful bill,” asserting that President Donald Trump not only deserves a spot on Mount Rushmore but consideration for a third term as well.........
  • Dem Freakout: ‘We’re Going to See People Die’ - Thursday on CNN’s “The Arena,” Rep. Debbie Dingell (D-MI) claimed President Donald Trump’s sweeping tax and spending bill will cause people to die............( My Take - These are the same people who supported the ban on DDT which has been responsible for the unnecessary deaths of over 100 million people and adverse affects on hundreds of million more from malaria and other mosquito borne diseases. RK
  • Let seniors keep their HSAs — before it’s too late  Today, the Big, Beautiful Bill will become law once President Donald J. Trump puts ink to paper at a big, beautiful signing ceremony in Iowa.  Despite opposition from every Democrat in Congress, the House and Senate enacted critical measures to benefit millions of blue-collar workers and their families.  It’s another promise from the campaign trail that has become a reality............ Medicare’s insolvency is not some far-off problem. It’s right around the corner. Congress can fix this if only the will exists. ........Medicare is already on the brink of a financial crisis.  The Medicare Trustees’ latest report warns that the Hospital Insurance Trust Fund — which pays for Medicare hospital stays — could be depleted in as little as three to five years.  After that, Medicare would only be able to cover about 90% of hospital insurance claims, leaving seniors vulnerable to cuts or higher costs..........

Thursday, July 3, 2025

Is the “One Big Beautiful Bill Act” Worth Supporting?

July 2, 2025 by Dan Mitchell @ International Liberty

When I first started writing these columns, I envisioned two regular features.

I stopped those weekly features more than 10 years ago because I didn’t want a rigid structure.

But if I still did a Question of the Week, I would feel obliged to respond to readers who have asked my opinion of the so-called “One Big Beautiful Bill Act.”

At the risk of stating the obvious, it is grotesquely disappointing. This chart from the Committee for a Responsible Federal Budget tells you everything you need to know.

We have a federal budget that is far too big and growing far too fast, yet the Senate version of the bill barely alters the “current law” trend line.

Even worse, if some provisions are made permanent (as is likely), the overall spending burden might actually be higher than the do-nothing trend line.

Since Republicans control Washington and claim to be the party of fiscal responsibility, why are they kicking the can down the road?

The answer is simple. The GOP is not the party of fiscal responsibility. The Reaganites (explained here) are outnumbered by the Trumpies and the conventional big-government Republicans.

I wrote about what’s happening in Washington for the U.K.-based Telegraph. Here are some highlights.

 

…the challenge for the Republican leadership is that their party is now profoundly divided, bordering on ideologically incoherent. Some conservative Republicans believe in Reagan-style fiscal restraint, for instance. They want a smaller government and declining deficits. But this puts them at odds with Trump-style Republicans who are explicitly opposed to reforming entitlements and seemingly don’t care about ever-increasing levels of red ink. … 

To make matters more interesting, the division between Reaganites and Trumpies is not the only relevant split. There are other blocs of Republican lawmakers who might throw sand in the gears. …a few Republicans from high-tax states claim they won’t vote for any bill unless there is a big increase in the federal deduction for state and local taxes. …special subsidies for wind and solar energy…go to projects in Republican states and districts, leading some Republicans to assert they will oppose the Big Beautiful Bill if the green-energy gravy train gets derailed. …Medicaid money laundering…shift ever-greater shares of the cost on to the federal taxpayers. …Most Republicans want to end this farce, but a few GOP lawmakers want to curry favour with hospital lobbyists.

I explain in the column that Republicans have very narrow majorities in both the House and Senate.

As such, so the combination of Trump populism (don’t try to fix Social Security or Medicare) and congressional Republicans who sell their votes to the highest bidder (supporters of green-energy pork, Medicaid fraud, etc) means that it is impossible to save the country from a fiscal crisis.

Here’s another chart from CRFB to underscore why I am so pessimistic.

By the way, I conclude my Telegraph column with a prediction that Trump will get the votes to pass a final version of the One Big Beautiful Bill.

…the safest prediction is that all these conflicts and divisions somehow will be resolved and Trump will have a victory. But it may be a Pyrrhic Victory in that America is probably stumbling toward some sort of fiscal crisis. Simply stated, it is unsustainable to have the burden of government spending grow faster than the private sector for an extended period of time. Even if a crisis can be avoided, that type of fiscal irresponsibility eventually will mean higher taxes, ruinous debt, or inflation. Perhaps all three. Unless, by some miracle, there’s a Javier Milei in America’s future.

As you can see, though, the legislation will not save the country from a fiscal crisis. The headline of my column says that bill means an economic crash. But we’re also heading to a crash if the bill isn’t enacted.

The bottom line is that we’re in deep trouble unless we get a Milei-style leader at some point.

Now that I’ve given all this analysis, it’s time to give my two cents on whether it will be good for the country or bad for the country.

I hope it gets enacted for one reason and one reason only. As I wrote last month, “…the bill prevents a massive automatic tax increase starting on January 1 of 2026.”

I’ve been an advocate of the “starve the beast” theory, though I admit pervasive profligacy in Washington makes it harder to defend that theory.

That being said, I definitely don’t want to “feed the beast.”

Wednesday, July 2, 2025

Now, Back to the House

By Rich Kozlovich

 

There was an article that described three Republican Senators as traitors who voted with the Democrats forcing the Vice President to break a 50/50 vote tie over Trump's Big Beautiful Bill.

I don't think traitor is appropriate for all three.  Tom Tillis, Susan Collins, and Ron Paul.  Ron Paul has been consistent in his position forever so that's not an act of treason.   Susan Collins and Tom Tellis fall in that category in my view.  Collins positions have been at best strange over the years, and Thom Tillis clearly has issues.  The only thing that's really surprises me is Murkowski didn't join them, which would have sent the bill crashing to the floor.

  1. Senate Dems, RINO Susan Collins Reject BBB Amendment Cutting Medicaid for Illegal Aliens
  2. BBB Update: 44 Democrats Vote to Allow Criminal Illegals on Medicaid

But here we are, and the bill passed.  Now it has to go back to the House, where all tax bills must originate.  So, what do we have in this complex, nearly 900-page bill involving taxes, energy, and healthcare?

There's a $5 trillion debt ceiling increase in the package, and the price tag will most likely cause the national debt to surge to another four trillion dollars, with an accounting gimmick to hide much of that red ink.

Medicaid will be increased. Government support for EVs and solar companies are set to be eliminated as tax credits phase out, and we're heading back to sanity on so-called "fossil fuels".  Alternative energy, net zero, and global warming schemes have wasted trillions of dollars, and that's going to be brought to a screeching halt.  Trump just boosted support for Republicans in coal producing states saying, "We're doing coal!"   It warms my heart in watching the the global warming movement collapsing, and I like to believe I played a small part in exposing their corruption.

The one size fits all rule preventing states from passing regulations regarding AI has been ditched.  That will not be an issue that will go away, and in fact, by the next budget it's my view it will be a major issue.  AI is still mostly an unknown factor, and research has shown there are dangerous implication with AI, including lying to protect itself.  All that needs to be challenged and fought over in the states in order to find our way, and not controlled by a bunch of bureaucrats in Washington. 

There will be increased funding for border control, and will make the tax cuts of 2017 permanent with the highest rate remaining at 37%.  Trump’s tax cuts spurred economic growth. Big Beautiful Bill will do it again. 

That was followed by a number of tax changes, some small, such as no taxes of tips and Social Security, but some very impactful for business. The bill will "reinstate credits for corporations for things like property depreciation, capital investments, new factory construction, interest expenses, and research and development costs" in an effort to stimulate growth.  

There will also be a tax credit of "$1,700 tax credit for individuals who contribute to nonprofit organizations that offer scholarships to elementary and secondary students, a move supporters describe as advancing “school choice,” akin to voucher programs" which the Democrats opposed entirely. 

Then there's the $40,000 SALT deduction, which is a bone of contention as that is in effect forcing small population states with sound economic practices to subsidize large population states with radical spending practices, like California and New York.  And the sale of public lands has been ditched, which I think is insane, along with the reasoning behind it, and work requirements non-disabled adults without dependents...but there are caveats in that also.  I see that as an unending bone of contention as there are too many caveats.  

Planned Parenthood, "which received $792 million in government grants and reimbursements"  will no longer get the American taxpayer to fund the murder of the innocent unborn, and gender transitions will not be covered in Medicaid.  Some funding for food stamps will be transferred to the states,

If you subscribe to the Wall Street Journal, I don't, here's their take on the BBB. Tax cuts and Medicaid spending reductions head to House, with the July 4 deadline reachable – 

Then there's this econ-babble from Real Clear Markets: Deficit Hawks Should Look In the Mirror.  That's why I have economists.  As for being a deficit hawk, I would fall into that category.  Would I have voted for this bill?  In my heart the answer would be a resounding no as I believe the national debt is toxic to the point of national suicide.  

However, in my mind I would recognize this Republican "controlled" Congress isn't a Republican controlled Congress and don't have all that much control over what's passed and what's not since the "loyal opposition" is in point of fact the "disloyal opposition" that votes in lock step fighting tooth and nail to disrupt any reductions in taxes and spending,  doing all it can to destroy the only thing standing between freedom and socialist tyranny in the world, the American Constitution.

So, in my mind I would have to rationalize voting for it in order to get what was worthwhile passed, and then prepare for the next budget battle, and embrace an incrementalist mentality.  The left believes in incrementalism, one step at a time to reach their goals,  and conservatives in the Congress are forced to implement that same strategy.  

But time is running out.  

The world's nations, including the U.S., have a debt load of almost 310 trillion dollars, and much of that cannot be repaid.  The consequences for that are soon to be felt, including Europe and China.  We're looking at a worldwide economic crisis that will be, at least in my opinion, massively destructive to much of the world's population, and the structure of many nations. 

Now... back to the House, and that's going to be another screaming match.  As for the Fourth of July deadline.... that's not a matter of law, it's a line in the sand drawn by the President, and it seems likely it's going to be crossed.     

Here's more give and take on the economy and this bill, especially this post by Ned Barnett - BBB: Congressional Democrats Turn On Blue-Collar Workers and Retirees

  1. Powell confirms that the Fed would have cut by now were it not for tariffs
  2. The Market Crash That Wasn’t Yet 
  3. WSJ: Say, Remember the Great Stock Market Crash of 2025? Well 
  4. For The First Time In Four Years, Americans Aren’t Paying More For Their July 4 Cookouts 
  5. Income up 8 times inflation  

Monday, June 23, 2025

New York/Florida Comparison: The Contrast Becomes Ever More Dramatic

@ Manhattan Contrarian

Among the larger states, the two that are closest to each other in population and demographics are New York and Florida. According to the latest U.S. Census data (from July 1, 2024), the population of New York was 19,867,248, while the population of Florida was 23,372,215. More recent estimates from a source called World Population Review put New York’s 2025 population at 19,997,100 (an increase of about 130,000 on the year), and Florida’s at 23,839,600 (an increase of about 467,000 over the same year).

Yet in terms of the approach to state government — taxing, spending, and government programs overall — there could not be a greater contrast than between these two states. And that contrast only grows stronger every year.

In recent weeks the two states have finalized their budgets for the 2025-26 fiscal years. Here is New York’s Fiscal Year 2026 Executive Budget Briefing Book. The budget was enacted in May. The total of the budget can be found in a table on page 21: $252 billion, an increase from $243.4 billion last year. Florida’s legislature just finished work on that state’s budget this week, on June 17. The total as enacted, according to the Tallahassee Democrat, is $115.1 billion. That’s actually a decrease of about $3 billion from the current year. And it’s still subject to line item vetoes from the governor, which could reduce it still further.

So how could Florida, a state with almost 20% more people than New York, have a state budget that’s less than half the size? Doing a little arithmetic, the Florida state government spends $4,828 per person, while New York’s spends $12,602 per person, more than two and a half times as much.

With the gap that large, you might think that New York must have some huge special categories of services that it provides and Florida does not. But that is not correct. Instead, New York spends vastly more to provide essentially the same services provided by Florida.

The two big categories in both states’ budgets are education and health care.

For PK-12 education, Florida’s state budget allocates approximately $31 billion. In New York, the figure is $37.4 billion (page 55 of briefing book). The difference becomes more striking when you take account of the fact that Florida has almost 2.9 million students enrolled in public preK-12 schools to New York’s approximately 2.4 million. New York pays approximately 50% more per student. Does it get anything for the much greater spending? According to the NAEP (National Assessment of Educational Progress) data pages, in the most recent tests in 2024, Florida scored somewhat higher than New York in both 4th grade reading and math, while New York scored somewhat higher in 8th grade reading and math. The differences do not look significant to me. For example, in 4th grade math, Florida gets a 243 to New York’s 234. In 8th grade reading, New York gets 257 to Florida’s 253.

But healthcare, and particularly Medicaid, is where the really big numbers pop out. From New York’s briefing book, page 68:

Total Medicaid and Essential Plan spending is expected to be $123.8 billion in FY 2026.

That’s more than Florida’s entire state budget for everything! The best number I can find for a comparable Florida spending figure for Medicaid (from the Florida Policy Institute) is $34.7 billion — less than a third of New York’s spending for a 20% larger population. The difference is in part due to New York’s higher enrollment (7 million versus 5.4 million), reflecting a complete lack of discipline in allowing people to sign up; and in part due to New York adopting every possible bell and whistle of Medicaid benefits, most famously paying hundreds of thousands of family members as caregivers for their parents and spouses.

Is New York’s population notably healthier than Florida’s? Not that I can determine. Life expectancy figures seem to have swung back and forth over the past few years, as Covid deaths went up first in New York and then later in Florida. I don’t think that Medicaid spending had anything to do with that. For our almost $90 billion additional Medicaid spending over Florida, you would think there would be something very dramatic to show for it; but there is not.

Everywhere you look, New York just has a cavalier attitude of lack of fiscal discipline and that spending more money is a good thing. As another point of comparison, this report from the Empire Center found that New York State executive agencies had some 188,455 “full-time equivalent” employees in 2022. In Florida, this Politifact piece from January 2024 gives a figure of 164,829 — again for a substantially larger population. The point of the Politifact piece is to “fact check” a claim by Florida Governor DeSantis that Florida has the lowest ratio of state employees to population of all the states. Politifact ends up rating that “mostly true.”

Looking around at coverage of New York’s government spending in the local media, there is almost never any mention of the dramatic contrast to Florida. Florida is living proof that just being careful about spending and watching where every dollar goes can make a huge difference. It’s not so different from managing a family budget.

Thursday, June 12, 2025

Solving the U.K. Budget Mess

June 11, 2025 by Dan Mitchell @ International Liberty

One month ago, I explained that the United Kingdom was suffering economic and fiscal deterioration because of a rising burden of government spending.

 

And when a greater share of economic output is diverted to the government, that means slower growth (even the CBO, World Bank, and OECD agree).

A spending cap is probably necessary to fix the U.K.’s fiscal problems. And the Brits can simply look to the middle of Europe to learn from Switzerland how that will produce great results.

But that’s just the first step. Complying with a spending cap would require the politicians in Parliament to change the trajectory of various programs.

Unfortunately, British politicians are making things worse rather than better. The previous Conservative government was bad and current Labour government is delivering more of the same. Instead of controlling spending, British politicians have been raising taxes.

So how would I fix the problem?

The London-based Telegraph has a new online budget exercise that gives their readers a chance to create their own budget. It requires a subscription, so most of my readers presumably won’t have access.

It starts by showing projected fiscal balance based on the policies of Rachel Reeves, who is Chancellor of the Exchequer (basically a combination of Treasury Secretary and Director of the Office of Management and Budget).

In theory, her policies are going to produce a small surplus in 2030.

In reality, I think that is a grossly optimistic number. Her tax increases are driving successful taxpayers out of the country.

And the economy is likely to be stagnant because of her higher taxes and bigger spending burden.

But let’s set that aside and instead look at what happened when I went through the 13 choices in the Telegraph‘s exercise.

As you can see, I produced much better results.

By the way, I have the same complaints about this exercise as I’ve had for American versions (here and here), namely that I wanted options that were much more aggressive.

I would have eliminated entire government departments and dramatically slashed tax rates.

What the United Kingdom needs is a new Margaret Thatcher, someone who actually did significantly reduce the spending burden while also enacting major reductions in tax rates.

P.S. I hope today’s Republicans will learn from the failure of Britain’s post-Thatcher Conservatives. Like the United Kingdom, the U.S. budget is bloated but fixable.

Wednesday, June 11, 2025

The Big Beautiful Bill

By Robin Itzler

Editor's Note:  This is one of the commentaries selected from Robin's weekly newsletter Patriot Neighbors.  Any cartoons will have been added by me.  If you wish to get the full edition, E-mail her at PatriotNeighbors@yahoo.com to get on her list, it's free.

Why not more DOGE cuts? There are two ways to cut spending with a simple majority: Reconciliation and Rescission

Let’s talk RECONCILIATION.  

The reality is that Republicans have a slim majority in both the House and Senate and lots of congressmen and senators who think they are quasi presidents. The “big beautiful bill” is a budget bill called “reconciliation.” By going the path of reconciliation, the bill only needs to pass the House and Senate with a simple majority. That means 51 votes in the Senate. Otherwise, it would need 60 votes, and we know NO Democrat senator would vote for it.

This is why the big beautiful bill does not include more DOGE cuts that we all want. If they were included, the bill would need 60 votes.

The big beautiful bill prioritizes spending on border security, energy and the tax bill. As Georgia Republican Representative Marjorie Taylor Greene explains:

“This is not a federal reduction bill, it's a federal funding bill. If we don't pass this, the tax law will expire and taxes will be increased by 65% on most Americans. It also funds two of our top priorities - border security and deportations and American energy and destroying the Green New Deal. Again don't shoot the messenger, I'm just explaining it to you and not sugar coating it.”

The reason the Congressional Budget Office (CBO) states that the bill would “cost” $4 TRILLION in revenue is because the CBO thinks the tax cuts should NOT happen. They count the loss of revenue byhaving tax cuts as a “cost.”

Ah, if only we had a towering majority in Congress! But we don’t and part of our slim Republican majority includes RINOs. For the moment, this is the best we can do, but it’s the beginning, not the end.

Let’s talk RESCISSION.  

The reality is that we have a slim majority in both the House and Senate and lots of congressmen and senators who think they are quasi presidents.

On June 9, President Trump will be sending a DOGE rescission's package to Congress. The cuts included in the package are for foreign aid, USAID and National Public Radio (NPR).

By being a rescission package, it only needs to pass the House and Senate with a simple majority. That means 51 votes in the Senate. Otherwise, it would need 60 votes and we know NO Democrat would vote for it.

Democrats, RINOs and the legacy MSM want MAGA supporters to abandon President Trump. But his America First administration continues its “Promises Made, Promises Kept” mantra.

Click here to read Rep. MTG’s easy-to-understand explanation of the bill.

Friday, June 6, 2025

Boulder Colorado: The Consequences of Leftist Insanity

By A Man Called Task

When Colorado’s Governor Richard Lamn, during his tenure, loosened the residency requirements in Colorado he did so to increase diversity. Many of Colorado’s citizens were doing too well so in response poorer people were imported who did not speak English and also required tax payer funded support for shelter, food, education and medical care. In other words Governor Lamn balkanized Colorado with the express purpose of creating a population of secure dependent voters. 

  • Boulder’s policy history is a case study in delusion. The city banned cooperation with ICE, instructed law enforcement to avoid immigration status questions, and turned its jails into revolving doors—no detainers, no holds, no questions asked......

That is why California is now a predictably blue state. It is why the same tactics are employed in the northeast and northwest by their respective Democratic governors and legislators. It is exactly what has also been attempted in Texas.

The methods used to politically turn red states blue represent proven strategies. The Biden Administration decided to operate totally illegally in its attempt to use proven strategies to turn the entire nation irretrievable blue with the expectation that never again would people have a chance to restore America by voting. In fact the 2022 governorship race in Arizona was so beleaguered by questionable voting tactics that it made Maduro’s reelection in Venezuela seem legitimate by comparison.

Once levers of power are put into place those looking to corrupt a system of government will figure out a way to gain control of those levers as was recently observed in California which, by itself, nearly wrested control of the House of Representatives that, fortunately, was still finally won but by only a fragile thin margin. 

Every blue state has figured out ways to supply needed fraudulent ballots to advance their electoral numbers and electoral numbers was clearly foremost in the mind of Alejandro Mayorkas the Biden DHS border Czar. 

Furthermore, Blue States are well versed in Cloward–Piven budget strategies and is why Elon Musk cannot fathom why his personal sacrifices barely made a dent in the “One Big Beautiful Bill”.   I can’t either and most hard working over taxed Americans also can’t considering who they voted for. 

But then again a Republican form of government based on a democracy can’t quite make it as originally intended when the majority of the voting population represent recipients of over seventy percent of national budgetary expenses. Politicians realize that “One Big Beautiful Bloated Pork Filled Bill” will assure them that they can count on dependent, expectant, recipient voters to be reelected.

Tuesday, June 3, 2025

The Big Beautiful Bill That Isn't

There's is one overwhelming quality of the Republican party. The ability to snatch defeat out of the jaws of victory. There's a reason they're called "the stupid party", they earned it.  

By Rich Kozlovich

 

I'm going to be honest here, clarity over this budget is difficult to grasp.  However, No matter what anyone says, I do know it will increase spending, increase the nation's debt limit, and the national debt. 

Another thing that's clear is that old axiom, "Don't tax you, don't tax me.  Tax that fellow behind the tree", mentality is in play here, only it's "Don't cut me, don't cut you.  Cut that man behind the tree".  Especially if SALT is involved....both parties..... which is addressed below. 

Both parties are fighting to keep their wedge of the pie, few of them will support the number one solution, which is, massive cuts across the board, including Medicaid, which apparently has now become untouchable.

My grandfather, a farmer and coal miner,  was one of the world's great economists.  He said if you spend more than you make, you'll go broke.  Beyond that, there's much here that seems irrational, and confusing to me, so, here are the articles I've gathered, both pro and con going back to when the bill was first introduced in the House to lend a bit of history to this piece, not necessarily in chronological order.   So, peruse them and decide for yourself if you'd vote for it. 

 Personally, I wouldn't, I don't see a thing that addresses what should be the number one issue for all the members of Congress and the Administration.   Paying off the national debt, which is possible, all it takes is guts.  What I am in favor of is a budget battle and a government shut down to force major cuts in spending, and major cuts in the size of government.  

What’s in Trump’s ‘Big Beautiful Bill’?The House passed the legislation in a 215–214 vote.  House Republicans passed the One Big Beautiful Bill Act to implement President Donald Trump’s agenda in an early morning session on May 22. The legislative package, totaling more than 1,000 pages, encompasses provisions that touch almost every area of federal policy and spending, ranging from tax cuts to Medicaid to the border. Though it makes spending cuts across several sectors of the federal government, the Congressional Budget Office has projected the bill would add $3.8 trillion to the deficit over 10 years.....

Republican Holdouts on the Big, Beautiful Bill: Politics at its worst  May 22, 2025 - Very soon, Speaker of the House Mike Johnson (R-LA) will bring the Big, Beautiful reconciliation bill to the floor for a full House vote before it heads to the Senate for more tinkering. As of now, several Republican members of the House of Representatives have said they would vote against the bill as it is currently written.  Generally, the House Republicans who oppose the bill fall into two camps: House Freedom Caucus members and Republicans in deep blue states.
 
Who are we protecting? May 22, 2025 - Among the many aspects of President Trump's attempt to reverse decades of "free trade" policy, which was a cynical label used to disguise the deliberate hollowing out of American manufacturing, one of the most important has been scarcely remarked.  Critics of Trump's efforts to correct that disastrous policy delight in mocking his new direction as "protectionist," as if that were automatically a bad thing. Yet even the most avid advocates of so-called "free trade" have supported selective protectionism. Alexander Hamilton (1755-1804), the most "free trade" oriented of the Founding Fathers, wrote of the benefits of protecting "infant industries." The idea was to shield certain industries from foreign competition until they could gain their footing and grow strong enough to compete globally. Those being protected were American workers, the same group Trump is now trying to benefit...........
 
Bond Market Shock: Is a New Financial Crisis Looming?On Friday, Moody’s downgraded the U.S. credit rating, sending shockwaves through the bond market. Japan, in particular, is under intense pressure, with yields on its 40-year government bonds (JGBs) surging to 3.45% from 2.09% earlier this year. This upheaval threatens the global foundation of government bonds. Are we on the brink of a new debt crisis?.......
 
Buckling under to the Green New Deal  May 21, 2025  - (See also, “Trump’s ‘big’ and ‘beautiful’ tax bill retains hundreds of billions (maybe trillions?) in ‘Green New Deal’ spending” by Olivia Murray.)  In an earlier article for American Thinker, I wrote about the Conservative Climate Caucus in Congress, providing proof that bad ideas can flourish on both sides of the political divide. I concluded the article by warning readers that it was important to eliminate all vestiges of the Green New Deal and stop subsidy-seeking companies from manipulating the political environment to enrich themselves at the expense of the public.......

Trump appears to be losing patience with blue-state Republicans on SALT — President Donald Trump took a surprising swipe Tuesday at efforts to increase a key tax deduction — underscoring that the main beneficiaries would be Democratic “governors from New York, Illinois and California.” His comments, during a visit to Capitol Hill to rally support for his policy megabill, came as House Republicans from blue states are holding out for a major increase in the federal deduction for state and local taxes, or SALT.......

GOP Rep. Massie: ‘Big, Beautiful Bill’ Will Add $20 Tril to debt - The Big Beautiful Bill will add $20 trillion of federal debt over 10 years, and that’s according to the authors of it. But there’s another huge problem: it will increase the price of the $36 trillion of debt we already have, as bond buyers realize we aren’t fiscally responsible..............

Trump after GOP meeting: Any Republican who opposes budget plan is ‘a fool’ - President Donald Trump held a closed-door meeting Tuesday with various Republican factions in an effort to bridge party divisions over his "One Big, Beautiful Bill" — a sweeping piece of legislation aimed at funding his agenda.  While, in Trump’s words, “there was a lot of love in the room,” he also warned that he would regard as “a fool” “anybody that didn't support it [meaning the bill] as a Republican.”  He also assured that it would be “the biggest tax reduction in history” and “the biggest regulation reduction in history,” emphasizing that it would protect Medicaid and Medicare: “We're going to keep them, and even make them stronger.”........

Trump’s ‘big’ and ‘beautiful’ tax bill retains hundreds of billions (maybe trillions?) in ‘Green New Deal’ spending May 20, 2025 - Congressional Republicans are the absolute worst, for many reasons, but this time, it has to do with the “big” and “beautiful” tax bill that’s working its way toward Donald Trump’s desk—Republicans, despite holding both houses, as well as the Oval Office, are set to retain hundreds of billions of dollars in Green New Deal provisions, if they get their way. Here’s the context, from Adam N. Michel and Joshua Loucks at the Cato Institute:......

Tax reform isn’t inevitable -- it’s earned  May 16, 2025 - In the summer of 2017, Washington, D.C. was not just sweltering in heat -- it was smoldering with political disappointment. Republicans had just failed to repeal ObamaCare, despite a decade of promises.  I was the Digital Communications Director for Speaker Paul Ryan at that time -- a job I also held for Speakers John Boehner and Kevin McCarthy -- and those closed-door meetings in the days that followed were disorienting. Congressional Republicans spent August licking our wounds. But by September, we were determined to show the American people that we deserved the majorities they gave us........

 'Big, Beautiful Bill' Passes Committee Vote After Mike Johnson Agrees to Changes Pushed by Conservatives-  President Donald Trump’s “big beautiful bill” that would extend his 2017 tax cuts and reshape federal spending cleared a hurdle Sunday night that it failed to clear last week. The bill passed the House Budget Committee 17-16 in a rare Sunday night vote, according to The New York Times. The bill failed a similar vote on Friday......

 Majority Whip Barrasso Says Senate Will Match House Spending Cuts, Marking a Huge Shift in Direction - Republican Senate Whip John Barrasso told Fox News host Maria Bartiromo that he believes the Senate will be able to match the big spending cuts proposed in the House version of the budget. In fact, he thinks the Senate might cut deeper.....

Here’s what’s in the House GOP’s sweeping tax and spending cuts package -  The House GOP narrowly passed its massive tax and spending cuts package ahead of its Memorial Day deadline, sending President Donald Trump’s “one big, beautiful bill” over to the Senate, where it will likely face many changes.  The package includes several controversial measures that would deeply cut into two of the nation’s key safety net programs – Medicaid and food stamps – while making permanent essentially all of the trillions of dollars of individual income tax breaks contained in the GOP’s 2017 Tax Cuts and Jobs Act. What’s more, it would fulfill Trump’s campaign promises to cut taxes on tips and overtime, albeit temporarily.  The magnitude of the measures is evident in the estimates of the cost they would incur or the savings they would produce. The tax changes in the package would add $3.8 trillion to the nation’s debt over a decade, according to a Congressional Budget Office analysis released before last-minute changes were made to the bill......

 'Big, Beautiful Bill' Quashed by Several House Conservatives in Committee Vote - The “One Big Beautiful Bill” fell short in a House Budget Committee vote Friday, with conservatives on the panel arguing it does not cut federal spending enough.  Axios reported that the final tally was 16-21, as GOP Reps. Chip Roy of Texas, Ralph Norman and Andrew Clyde of Georgia, and Josh Brecheen of Oklahoma joined all of the committee’s Democratic members in voting against the measure......
 
Liberal Amnesty Group Inadvertently Makes Great Case for the Trump's 'Big, Beautiful Bill - Congressional Republicans have got to get their act together on the budget reconciliation package, which hopefully will be settled this weekend. Yet, liberal pro-immigrant groups might have inadvertently made the case to pass the mega-bill since it’s chock-full of immigration enforcement measures that make pro-illegal alien activists recoil....... 

Trump's OMB Director Quietly Calls Out the Republicans Threatening to Derail the 'Big, Beautiful Bill' - The Republican Party was on a game-winning drive for the budget reconciliation package, and it looked like they could fumble the ball on the goal line. The bill is in serious trouble, given the House Republican majority’s slim majority where a few defections can lead to disaster. It was not a good Friday for the caucus (via WSJ):......

House Budget Committee Votes Down Big Beautiful Bill - The House Budget Committee voted down a budget reconciliation bill just after noon Friday in a temporary roadblock for President Donald Trump’s “big, beautiful bill.”  The defeat of the bill is another expected — if unnecessary — bump in the often messy negotiating process of the massive piece of legislation.......

The ‘Big, Beautiful Bill’ will bring big benefits for blue-collar workers May 17, 2025 - Despite all these provisions that will boost workers’ take-home pay and create new manufacturing jobs, almost every Democrat continues to portray Trump's bill as nothing more than a tax cut for the rich......

Kevin O’Leary sounds the alarm on tyrannical new provisions in Trump’s ‘big’ and ‘beautiful’ tax bill With “friends” like Republicans, who needs Democrats?  Just yesterday I wrote about a new betrayal out of Washington from our spineless Republicans “representatives” who just passed a “pro-gun” bill—but not pro-gun in a Second Amendment “shall not be infringed” kind of way, rather in a showmanship and superficial pro-gun way. The LEOSA Reform Act (H.R. 2243) would establish a national constitutional carry…but only for law enforcement. (At this time, I suggest you read Monica Showalter’s blog on “cops who act like third-world cops because they are third-world cops” found here.) Can we the civilian class, or as George Mason would say, “the militia,” get the same recognition of God-given rights?..............

 GOP Hardliners Defy Trump, Block 'Big Beautiful Bill' - The House GOP leadership suffered what the Hill describes as a "stunning setback" on Friday when five conservative members of their own party blocked a spending bill crucial to President Trump's legislative agenda. The five Republicans joined all Democrats on the House Budget Committee in voting against the sweeping package of tax cuts and spending reductions—known as the "One Big Beautiful Bill Act" in deference to Trump. The five dissenting Republicans want deeper spending cuts...........

House GOP’s Medicaid Reform Would Force Millions of Able-Bodied Americans to Get Back to Work -  House Republicans’ proposal to impose work requirements on Medicaid would force millions of Americans to meet new eligibility conditions or lose coverage, the Daily Caller News Foundation has learned. At least 3.5 million individuals will be removed from Medicaid rolls due to House Republicans’ proposal to require most able-bodied Americans to work, volunteer or be in school for at least 20 hours a week to qualify for the entitlement program, according to a source familiar with an estimate from the nonpartisan Congressional Budget Office that could be released as early as Friday. GOP lawmakers have justified the imposition of work requirements among other reforms to Medicaid by arguing that the entitlement program should prioritize Americans who need coverage the most, not able-bodied adults or illegal migrants........

Hawley: I Can’t Support House Bill’s ‘Real Medicaid Benefit Cuts’ - Senator Josh Hawley (R-MO) said Wednesday on CNN’s “Inside Politics” that he will not support the House spending bill because it has “real Medicaid benefit cuts.”  Hawley said, “It ought to be just a basic foundational principle, it is wrong to cut health care for the working poor, and that’s what we’re talking about here with Medicaid. My state is a Medicaid expansion state, over 20% of Missourians, including hundreds of thousands of children, are on Medicaid.”.......

All GOP Senators Have to Do Is Not Be Dumb, So We’re in Trouble - It’s times like these that remind me that the Latin root of the words “Senate” and “senile” are the same. Of course, all bad senators aren’t senile. Some are just stupid. But sadly, even the stupid ones are necessary because we must keep the Senate in 2026 to make Donald Trump’s second administration a success. That means we must be smart and self-sacrificing, and GOP senators (and aspiring senators) must be smart and self-sacrificing. Which means we have a challenge.....

Speaker: Critics Wrong, Bill Will ‘Reduce the Deficit,’ Not Raise It - The liberal media, suddenly concerned about spending and deficits with the One Big Beautiful Bill Act (OBBB), is missing the boat on what President Donald Trump's tax cut and spending program will do for U.S. revenues, House Speaker Mike Johnson, R-La., argued Sunday...............

OMB’s Vought: Big Beautiful Bill Doesn’t Increase Deficit - Office of Management and Budget Director Russell Vought pushed back Sunday against Elon Musk and his Department of Government Efficiency commission, stating that the Big Beautiful Bill will not increase deficit spending or affect the growth of the national debt........

6 Senate Republicans Who Could Hold Up Trump’s ‘Big, Beautiful Bill’ - Senate Republicans will take control of the party’s mammoth tax and domestic policy bill when they return to Washington on Monday — and seek to win over a diverse group of GOP lawmakers agitating for changes to the legislation. Members are staring down a key four-week stretch to hammer out provisions of the bill, with their Fourth of July goal in sight and pressure mounting to complete President Trump’s top domestic agenda priority. .............

Rand Paul Threatens To Block Trump’s Economic Bill Over Debt Ceiling Concerns - Sen. Rand Paul, R-Ky., said on Sunday that he would support President Donald Trump's "big, beautiful bill" if the debt ceiling hike was removed. Paul told CBS' "Face the Nation" host Margaret Brennan that he and three other Republican senators will hold out against the bill unless it is modified.  "I think there are four of us at this point, and I would be very surprised if the bill at least is not modified in a good direction," Paul said. 

‘It’s Completely Unsustainable’: Republican Lawmaker Doubles Down, Knocks Trump Tax Bill  - Sen. Ron Johnson, R-Wisconsin, is doubling down on his concerns about a bill that would make sweeping changes to taxes, Medicaidfood stamps and more after it was passed last month in the Republican-led House at the urging of President Donald Trump. The more-than-1,000-page bill narrowly cleared the lower chamber on May 22. Now, it faces an uncertain future in the Senate, where some conservatives have raised concerns about the legislation's cost. "It's completely unsustainable,"...........

Musk Slams Trump’s ‘Big, Beautiful Bill’ As Undercutting DOGE, Raising National Deficit - Elon Musk said the spending in President Trump’s “big, beautiful bill undermines the work that the DOGE team is doing.” Mr. Musk also suggested that the description of the bill goes too far.  “I was like disappointed to see the massive spending bill, frankly, which increases the budget deficit … and undermines the work that the DOGE team is doing,” he said in an interview with CBS. “I think a bill can be big or it can be beautiful. I don’t know if it can be both.”................

 Deregulation deferred — not defeated — by the Big Beautiful Bill - In my latest Forbes column, I detail how the House-passed “One Big Beautiful Bill” (BBB) had the potential to revolutionize federal regulatory policy. But last-minute changes in the House stripped away provisions that could have both pruned existing rules and reshaped how regulations are made and managed henceforth. The Senate now takes up the BBB..............

Rand Paul States His Position on House GOP’s ‘Big, Beautiful Bill’ - Sen. Rand Paul (R-KY) is against the One Big Beautiful Bill Act the House passed early Thursday morning and made his position to Senate leadership clear. The sticking point for the Kentucky Republican is that the bill includes language to raise the debt limit................

Okay, so, now that you've read all these articles, is everything involving this BBB clear in your mind?