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dalton99a

(85,620 posts)
Thu Jan 23, 2025, 09:03 AM Thursday

House G.O.P. Floats Medicaid Cuts and More to Finance Trump's Huge Agenda

https://www.nytimes.com/2025/01/23/us/politics/trump-tax-cuts-immigration-house-republicans.html

House G.O.P. Floats Medicaid Cuts and More to Finance Trump’s Huge Agenda
President Trump wants a massive tax cut and immigration crackdown bill. Now Republicans must decide what to cut to help pay for it.
By Catie Edmondson and Andrew Duehren
Jan. 23, 2025 Updated 5:17 a.m. ET

Top Republicans are passing around an extensive menu of ideas to cover the cost of a massive tax cut and immigration crackdown bill. They could create a 10 percent tariff on all imports, bringing in an estimated $1.9 trillion. They could establish new work requirements for Medicaid recipients, bringing in $100 billion in savings.

They have even calculated that they could generate $20 billion by raising taxes on people who can use a free gym at the office, according to a 50-page list of options that the House Budget Committee has circulated in recent days.

The bigger challenge for Republican leaders is trying to figure out what can pass Congress and be signed by President Trump. With slim majorities in both chambers, they are searching for the right mix of policy changes that could offset some of the costs of Mr. Trump’s most expensive proposals, placating spending hard-liners who are concerned about ballooning the government’s debt, while also maintaining the support of more centrist members who are loath to slash popular programs.

Complicating their task is a political challenge: Many of the cuts Republicans are contemplating target programs aimed at helping low-income Americans, all in the service of paying for the extension of tax cuts that disproportionately benefit the wealthy.

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The billionaires must have their tax cuts.


9 replies = new reply since forum marked as read
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Irish_Dem

(62,147 posts)
1. Billionaires aren't rich enough.
Thu Jan 23, 2025, 09:06 AM
Thursday

They want to be trillionaires.

They already have more money than they and their heirs can spend.

newdeal2

(1,381 posts)
4. Tax people who have access to a gym at work?
Thu Jan 23, 2025, 09:28 AM
Thursday

How will that be enforced?

If Dems are smart they will start broadcasting bits and pieces of this one massive beautiful bill. I'm sure voters will love all of these price and tax increases.

CousinIT

(10,760 posts)
7. A 10% tariff will not bring in revenue. It will just raise prices. WTH is the matter with these boneheads?
Thu Jan 23, 2025, 09:45 AM
Thursday

Republicans never could do math but do ANY of them know tariffs are just a tax on American consumers?

Stupid fucks.

karynnj

(60,075 posts)
9. It will bring in revenue, the point is that that revenue
Thu Jan 23, 2025, 09:57 AM
Thursday

would come from people buying the foreign products. It essentially becomes a consumption tax. A very regressive tax.

CousinIT

(10,760 posts)
8. Taxing childless women more + eliminating head of household status...
Thu Jan 23, 2025, 09:48 AM
Thursday

...I'm sure is among their asinine ideas.

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