Tax Cuts in the US
From
Joseph Pereira@1:124/5016 to
All on Fri May 23 06:05:52 2025
Congress has approved a tax cut that primarily benefits the wealthy in the US. This will increase the US debt by approximately four trillion dollars.
The desire to remain budget-neutral is gone. Republicans were quite adamant about this under Biden and Obama, but time and again, when they are in power themselves, the budget has to increase enormously.
If the tax cut passes completely (it still needs to go through the Senate), it will also mean that 14 million Americans will lose their medical insurance. In fact, it will mean they can no longer afford a doctor.
The richest country in the world, and an increasingly large portion of the population is uninsured against medical costs.
Meanwhile, the government deficit continues to grow, and that's also something the US really shouldn't be doing. Confidence in the US is now rapidly declining in monetary terms as well.
Trump is thus accelerating the dismantling of the US on multiple fronts. Does he not see that, or is that his grand plan? After all, he is secret agent Krasnov, in Putin's service.
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