Summary
The White House’s proposed $9 billion DOGE spending cuts face opposition in Congress, with fiscal conservatives like Sen. Rand Paul calling the amount too small.
GOP lawmakers hoped to use DOGE savings to offset Trump-era tax cuts, but budget rules block applying discretionary cuts.
With legislative options limited, the White House may challenge the Impoundment Control Act to assert executive power to freeze congressional funds.
Officials maintain “all options are on the table,” signaling a potential legal battle over presidential budget authority.
Crazy how the “fiscally responsible” Republicans still can’t grasp money going in must be greater than money going out to decrease the deficit. There’s no way out of this shit storm without raising taxes on the wealthy and corporations. We also need a progressive capital gains tax, so that when billionaires get their dividends, they’re taxed to hell. But what the fuck do I know.
Because they have never actually been fiscally conservative. That is one of the lies they always use to get elected. Then they leave huge deficits in their wake that Dems end up paying down without anyone noticing or caring. It’s exhausting - this information is easily obtainable and it has happened over and over and over.
Yes, it’s intentional.
http://www.milwaukeeindependent.com/thom-hartmann/two-santas-strategy-gop-used-economic-scam-manipulate-americans-40-years/
it only works, if dems get elected the next time, and this time many of them support the gop current agendas because they financially benefit from it. at least DINOS do. and then we have DINOS like shcumer, and 10+ ds in the senate.
What we really need is a progressive income tax on loans taken with stocks as collateral.
Nah, just don’t allow stocks to be used as collateral. If you want to use that theoretical money you must sell that stock, pay progressive capital gains tax, and then have the cash in your account.
Republicans have been many things, but “responsible” has never been one of them.