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BumRushDaShow

(172,351 posts)
Wed Jun 18, 2025, 06:45 AM Jun 2025

'It will fail': Megabill changes have Republicans doubting July 4 timeline

Source: Politico

06/17/2025 07:15 PM EDT


In Senate Majority Leader John Thune’s perfect world, he’d be ready by this time next week to start voting on the GOP’s sweeping megabill. But this world is far from perfect, Thune and fellow Senate Republicans learned Tuesday. A host of concerns from diverse pockets of the GOP are threatening his grand plan of winning Senate passage by July 4 — with some in his ranks warning of an epic face-plant if Republican leaders push too hard, too fast.

“My guess is it will fail,” predicted Sen. Ron Johnson (R-Wis.) when asked about potentially calling votes next week. “I don’t want to see it fail. I want this thing to succeed.”

Monday’s highly anticipated release of legislative text on tax, health care and other key policy provisions only served to underscore the challenges yet to be overcome. Fiscal hawks like Johnson are sounding the alarm that the bill doesn’t do nearly enough to lower the deficit. More moderate senators are voicing deep unease about new Medicaid provisions. Still others don’t like the proposed changes to clean-energy incentives or President Donald Trump’s proposed tax cuts.

These considerable policy gaps are up against a thin Republican majority — Thune has only three votes to spare, and one all-but-guaranteed “no” vote in Sen. Rand Paul of Kentucky — and a seemingly impossible timeline. Leaders are hoping to take a first vote on the megabill by next Wednesday or Thursday, according to GOP senators and aides, setting up final passage over the weekend.

Read more: https://www.politico.com/news/2025/06/17/doubts-abound-for-thunes-aggressive-megabill-timeline-00411228



All this crap because they refuse to INCREASE the revenue back to what it was before 2017.
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'It will fail': Megabill changes have Republicans doubting July 4 timeline (Original Post) BumRushDaShow Jun 2025 OP
They want to spend what they don't have because of Trump tax cuts. bucolic_frolic Jun 2025 #1
But what about us poor billionaires - Donny Dumbfuck Yo_Mama_Been_Loggin Jun 2025 #2

bucolic_frolic

(55,847 posts)
1. They want to spend what they don't have because of Trump tax cuts.
Wed Jun 18, 2025, 07:02 AM
Jun 2025

You can't give it away and still spend it, so you have to borrow it.

BTW, inflation from tariffs is hitting the food stores. We don't need inflation from budget-induced currency devaluation too. Gold and silver charts are vertical, like 10% in a couple months, indicating dollar devaluation and future inflation.

When the deficit explodes, Republicans will be back to tax us some more. Confiscatory taxes on bank and financial assets, that would be new territory. It will be 2008 for not just housing but the whole economy. 1929 will be great again!

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