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BumRushDaShow

(151,125 posts)
Mon Apr 21, 2025, 07:05 AM Monday

GOP lawmakers running out of options to pay for Trump's costly agenda

Source: The Hill

04/21/25 6:00 AM ET


Republican leaders are rapidly running out of ways to pay for President Trump’s agenda as GOP lawmakers shoot down various proposals to cut spending or increase revenues. Without finding some new ideas, the GOP risks adding trillions of dollars to future deficits by passing Trump’s agenda, something many conservatives are loathe to do.

Outside observers are expressing pessimism the Republicans will land on ideas that have enough support to get passed into law. “I just don’t see them getting the money. There’s no ‘there’ there, to be quite honest about it. If they want to spend money, they’re going to end up putting it on the debt,” said former Sen. Judd Gregg (N.H.), who previously served as the Republican chair of the Senate Budget Committee.

“They’re not going to get it out of tariffs, either. You have [White House trade adviser Peter] Navarro running around saying they’re going to get $600 billion in tariff revenue. That’s absurd. It’s basic economics. You raise the price on it, people stop buying it,” he said. “It’s all a joke, to be honest with you, when it comes to money saving and reducing debt,” he added. “This president doesn’t care too much about debt.”

Maya MacGuineas, the president of the Committee for a Responsible Federal Budget, said lawmakers need to steel themselves to political blowback and make significant cuts, even though it will reduce some benefits. “If you take all the big pots of money off the table, it becomes very hard to find enough savings to offset $4, $5 — or more — trillion in tax cuts, let alone bring the debt down, which is the stated goal of many members,” she said.

Read more: https://thehill.com/homenews/senate/5255483-trump-agenda-funding-problems/

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AltairIV

(837 posts)
1. is math considered to be one of the sciences? Certianly would explain alot.
Mon Apr 21, 2025, 07:31 AM
Monday

Wow, who knew math could be so hard?

Norrrm

(1,258 posts)
2. How can that be? DOGE is saving bazillion$ and Donald is chopping gov't employees/expenses
Mon Apr 21, 2025, 07:45 AM
Monday

and expecting many billion$ of more taxes (tariffs) from Americans.

Perhaps you republicans could lessen the tax cuts for multi-millionaires/billionaires?

Yeah, that's heresy and .

Lovie777

(18,072 posts)
3. I'm pretty sure................
Mon Apr 21, 2025, 08:04 AM
Monday

shithole musk republicans are raiding Fort Knox and the silver exchange while devaluing the dollar for cryptocurrency.

Buns_of_Fire

(18,365 posts)
4. "This president doesn't care too much about debt."
Mon Apr 21, 2025, 08:21 AM
Monday

Why, there's the answer -- just add it to the debt! What does Krasnov care? He's not going to be around to evade any probable future tax increases as a result!

Running the economy just like he runs his businesses - into the ground. So much for electing a "super-duper-successful" "stable genius" "businessman," eh MAGAts?

BumRushDaShow

(151,125 posts)
5. His "business model"
Mon Apr 21, 2025, 08:48 AM
Monday

promoted what was essentially "debt financing", which is why he ended up with 6 bankruptcies.

Dulcinea

(8,254 posts)
7. Here's an example of egregious waste.
Mon Apr 21, 2025, 09:55 AM
Monday

Almost every weekend, the Fascist Felon goes to Merde-a Lardo to play golf & pretend he's king of the world. Why should the taxpayers finance that crap?

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