Trump 47

RFK Jr.: I do not know about any cuts to ALS research

Sen. Durbin: I just read them to you

RFK Jr.: I'll have to go ask about it, I don't know about them
www.threads.com

FactPost (@factpostnews) on Threads

RFK Jr.: I do not know about any cuts to ALS research Sen. Durbin: I just read them to you RFK Jr.: I'll have to go ask about it, I don't know about them
www.threads.com www.threads.com
 

Big Beautiful Bill Key points as summarized by ChatGPT​

Tax Reforms​

  • Permanent Extension of 2017 Tax Cuts: The bill seeks to make the individual income tax reductions from the 2017 Tax Cuts and Jobs Act permanent, preventing a potential 22 percent tax hike for average taxpayers.
  • New Tax Deductions: Introduces deductions for tips, overtime pay, car loan interest and Social Security benefits for seniors earning under $75,000.
  • Child Tax Credit Enhancement: Increases the child tax credit to $2,500 through 2028, then reverts to $2,000 thereafter.

  • State and Local Tax (SALT) Deduction Cap: Raises the SALT deduction cap from $10,000 to $30,000.
  • MAGA Savings Accounts: Establishes "Money Accounts for Growth and Investment" with a $1,000 federal contribution for children born between 2024 and 2028, aimed at promoting long-term savings.
  • Remittance Tax: Imposes a 5 percent tax on remittances sent abroad.

Health Care And Social Programs​

  • Medicaid Overhaul: Implements work requirements for Medicaid recipients above the federal poverty line, increases co-pays and mandates more frequent eligibility verifications.
  • Restrictions on Services: Prohibits Medicaid funding for children's gender-affirming care and nonprofits providing abortion services.
  • Impact on Coverage: The Congressional Budget Office estimates that the changes could result in 7.6 million fewer Americans being insured.

Education And Student Loans​

  • Pell Grant Reforms: Increases eligibility requirements for Pell Grants and introduces Workforce Pell Grants targeted at trade school students.
  • Student Loan Changes: Ends Federal Direct subsidized loans for undergraduate students and eliminates the Department of Education's ability to regulate based on gainful employment.
  • University Endowment Tax: Increases taxes on endowments of private universities.

Defense And Border Security​

  • Defense Spending: Allocates an additional $150 billion, with significant investment in unmanned drones, including kamikaze drones, unmanned aircraft systems, drone boats and underwater drones.
  • Border Security Funding: Provides $70 billion for border security, including $46.5 billion for barriers, $5 billion for Customs and Border Protection (CBP) facility improvements, and $4.1 billion to hire additional Border Patrol and CBP officers.

Fiscal Impact​

  • Tax Cuts and Revenue Loss: The bill proposes more than $5 trillion in tax cuts, with a net cost of roughly $3.7 trillion over the next decade after accounting for spending reductions and tax code adjustments.
  • Debt Ceiling Increase: Raises the U.S. debt ceiling by $4 trillion.
  • Projected Deficit Increase: Analysts project that the bill could add between $3.3 trillion and $5.7 trillion to the national debt through 2034, depending on the implementation of various provisions.

Legislative Status​

  • House Passage: The House of Representatives approved the budget resolution (H. Con. Res. 14) by a 217–215 vote, utilizing the reconciliation process to facilitate passage without a Senate filibuster.
  • Senate Amendments: The Senate approved an amended version, calling for $4 billion in spending cuts and a $5 trillion debt ceiling increase.
  • Committee Deliberations: The bill faced setbacks in the House Budget Committee but was advanced after modifications, including earlier implementation of Medicaid work requirements and reduced clean energy subsidies.
 
Free market capitalisms!!

'Think hard': GOP senator threatens Walmart over price increase​


Sen. Bill Hagerty (R-TN) said Monday Walmart will have to be "very careful" and "think hard" while making decisions about raising prices in light of President Donald Trump's tariffs.

During an appearance on CNBC's Squawk Box, Hagerty was asked about Trump's recent criticism of Walmart's plans to raise prices. The retail giant's CFO had warned that consumers might see higher prices on products as soon as June due to increased tariffs on imported goods.


Hagerty said, "I think Walmart’s gonna have to make some decisions. Walmart has the broadest base of American clients there is. I think they’re gonna be very careful about how they do this."


"I know that they’ve received some criticism from the president. I think they need to think hard," he continued.

On Saturday, Trump responded sharply to Walmart's announcement of price increases due to new tariffs on imported goods.

In apost on his social media platform, Truth Social, Trump criticized the retail giant's decision to pass the additional costs onto consumers. He urged Walmart to "EAT THE TARIFFS" instead of raising prices, emphasizing that both he and Walmart's customers would be closely monitoring the company's actions.

Walmart responded to Trump’s comments in a statement to NBC News and CBS News.


“We have always worked to keep our prices as low as possible and we won’t stop,” the statement said, adding: “We’ll keep prices as low as we can for as long as we can given the reality of small retail margins.

Meanwhile, responding to a question during a press briefing Monday, White House Press Secretary Karoline Leavitt said, "The reality is, as the president has always maintained, the Chinese producers will be absorbing the cost of these tariffs."

Leavitt's statement drew criticism on social media.

Political pollster Matt McDermot wrote on the social platform X: "The reality is the president was rage tweeting Walmart less than 48 hours ago after they announced price hikes due to Trump’s tariffs. Just constant lies from this White House."
 

Trump fails to convince SALT caucus to back tax bill​

  • President Donald Trump failed to sway key Republicans from blue states to drop opposition to a major tax bill over a cap on deductions for state and local taxes.
  • Opposition to the bill from the "SALT Caucus" threatens to derail the tax legislation, which Trump and House Speaker Mike Johnson, R-La., hope to see passed before Memorial Day weekend.
  • The 2017 Republican tax bill capped SALT deductions at $10,000. A proposal in the current tax bill calls for that deduction to be raised to $30,000, not high enough for some Republicans.

President Donald Trump failed during a visit Tuesday to Capitol Hill to sway key House Republicans from blue states to drop opposition to a major tax bill, which they say does not go far enough in boosting so-called SALT deductions for their constituents, sources told CNBC.


Opposition to the bill from the "SALT Caucus" threatens to derail the tax legislation, which Trump and House Speaker Mike Johnson, R-La., hope to see passed before Memorial Day weekend.

The intra-party battle revolves around the question of the tax deduction allowed for state and local taxes on federal income tax returns.

A Republican tax bill in 2017 capped that deduction at $10,000 in what was seen as a political slap at Democratic-leaning states in the Northeast and California, where residents often pay much more than that state and local taxes.

A proposal in the current tax bill calls for that deduction to be raised to $30,000, but that is still not high enough for a number of GOP lawmakers from those blue states.

Trump, in his visit Tuesday to meet with Republican House members, told the SALT Caucus, "Let it go," NBC News reported.

The president was blunter to Rep. Mike Lawler, a New York Republican who is among the holdouts on the bill.


"I know your district better than you do," Trump told Lawler, according to a tweet by Punchbowl News co-founder Jake Sherman.

"If you lose because of SALT, you were going to lose anyway," Trump reportedly said to Lawler.

Sources who spoke to CNBC confirmed the accuracy of Sherman's account.

Trump and Johnson's efforts to get the tax bill passed have also been frustrated by conservatives who want to cut the federal budget deficit and cut more from the Medicaid health coverage program than the current iteration of the bill proposes.

Trump told the caucus, "Don’t f--- around with Medicaid," on Tuesday.
 

Trump administration pulls $60M in Harvard grants in third round of cuts​

The Department of Health and Human Services is terminating $60 million in federal grants to Harvard University, the latest escalation in the Trump administration’s efforts to force change at some of the nation’s most prominent universities.

The Trump administration again cited antisemitism for its decision to pull funding, with HHS posting Monday on X that its decision to terminate multiple multiyear grants stems from the school’s “continued failure to address anti-Semitic harassment and race discrimination.”


“Federal funds must support institutions that protect all students,” the post reads.

The announcement follows two larger Trump administration cuts at Harvard, and brings the total funding losses in the past six weeks to more than $2.7 billion. The administration has also asked the IRS to revoke the school’s tax-exempt status.
 
Trump: I'm also pleased to report that the one big beautiful bill will include $25 billion for the golden dome to help construction get underway. That is the initial sort of down-posit.. we’re talking about $175 billion total
www.threads.com

Barbara Sobel (@barbaraj.sobel) on Threads

Trump: I'm also pleased to report that the one big beautiful bill will include $25 billion for the golden dome to help construction get underway. That is the initial sort of down-posit.. we’re talking about $175 billion total
www.threads.com www.threads.com
 
MSNBC: A Georgia college student was mistakenly pulled over. She's being detained right now. Her father said he was never worried about her bc you said you would prioritize gang members, rapists, & criminals. She's none of those things. Has that policy changed?

HOMAN: If you're in the country illegally, you're not off the table

www.threads.com

Aaron Rupar (@aaron.rupar) on Threads

MSNBC: A Georgia college student was mistakenly pulled over. She's being detained right now. Her father said he was never worried about her bc you said you would prioritize gang members, rapists, & criminals. She's none of those things. Has that policy changed? HOMAN: If you're in the country...
www.threads.com www.threads.com
 
SEN. MURPHY: “Trump is having dinner with 200 people who bought his meme coin. Do you have a list of those foreign individuals?”

SECRETARY OF STATE MARCO RUBIO: “I don’t know anything about it.”
www.threads.com

The Tennessee Holler (@thetnholler) on Threads

SEN. MURPHY: “Trump is having dinner with 200 people who bought his meme coin. Do you have a list of those foreign individuals?” SECRETARY OF STATE MARCO RUBIO: “I don’t know anything about it.” 🤷🏻‍♂️
www.threads.com www.threads.com
 
Wendy Ortiz was surprised to find out she was being fined by U.S. immigration authorities for being in the country illegally — but it was the amount that truly shocked her: $1.8 million.

President Trump has set in motion a plan to fine migrants who fail to leave the U.S. after a final deportation order, issuing notices to 4,500 migrants with penalties totaling more than $500 million, a senior Trump official said.
nbcnews.to/4kxnQQy
 
Polds4OSU said:
MSNBC: A Georgia college student was mistakenly pulled over. She's being detained right now. Her father said he was never worried about her bc you said you would prioritize gang members, rapists, & criminals. She's none of those things. Has that policy changed?

HOMAN: If you're in the country illegally, you're not off the table

www.threads.com

Aaron Rupar (@aaron.rupar) on Threads

MSNBC: A Georgia college student was mistakenly pulled over. She's being detained right now. Her father said he was never worried about her bc you said you would prioritize gang members, rapists, & criminals. She's none of those things. Has that policy changed? HOMAN: If you're in the country...
www.threads.com www.threads.com
Click to expand...
How is he not familiar with this case? He is either lying, or inept.
 

He also used his time today in Senate Hearings to beg Kristi Noem for FEMA aid to Missouri.​


Hawley used his time for questioning during a hearing with Homeland Security Secretary Kristi Noem to ask her directly for the Federal Emergency Management Agency (FEMA) to get critically needed resources to the Show Me State. Hawley pointed out that in addition to the recent tornadoes, Missouri is still waiting for help recovering from extreme weather that caused havoc across the state earlier this spring.​


'We are desperate': Josh Hawley begs Trump admin to send federal disaster aid after Tornados hit St Louis​


Link
 
Polds4OSU said:
Trump: I'm also pleased to report that the one big beautiful bill will include $25 billion for the golden dome to help construction get underway. That is the initial sort of down-posit.. we’re talking about $175 billion total
www.threads.com

Barbara Sobel (@barbaraj.sobel) on Threads

Trump: I'm also pleased to report that the one big beautiful bill will include $25 billion for the golden dome to help construction get underway. That is the initial sort of down-posit.. we’re talking about $175 billion total
www.threads.com www.threads.com
Click to expand...
The three companies are all owned by significant Trump donors/supporters while it leaves out all the large traditional defense companies. Could be an effort to diversify the defense industry, but for some reason I doubt that was the reasoning.

prospect.org

Presidential Race Brings Out Silicon Valley’s Military Contractors

Tech executives are jumping into the presidential election. Many of them also do business with the Pentagon.
prospect.org prospect.org
 
Last edited:
cowboyinexile said:
I don't think there has ever been an unbiased press. Its just human nature to report things through your personal lens.
Click to expand...
I just listened to a really good podcast on this:

The theory of change of journalism as it came out of the 20th century, David Bornstein says, is that shining a light on what is going wrong — what is dangerous and dysfunctional, catastrophic or corrupt — will mobilize and lead us to correct it. But this emphasis on the terrible and the extreme, from whichever side of our cultural trenches you inhabit, has helped fuel a paralyzing, dehumanizing fear and the collapse of trust in institutions and in each other. Many of us are turning away from the news altogether. Is that the answer?

onbeing.org

David Bornstein — On Our Lives with the News

Pursuing deep thinking and moral imagination, social courage and joy, to renew inner life, outer life, and life together. A nonprofit media and public life initiative.
onbeing.org onbeing.org
 
Immigration authorities appear to have begun deporting migrants from Myanmar and Vietnam to South Sudan, attorneys for the migrants said in court documents.

Those removals would violate a court order against deporting people to countries other than their homelands without an opportunity to file court challenges, they argued.

www.threads.com

The Associated Press (AP) (@apnews) on Threads

Immigration authorities appear to have begun deporting migrants from Myanmar and Vietnam to South Sudan, attorneys for the migrants said in court documents. Those removals would violate a court order against deporting people to countries other than their homelands without an opportunity to file...
www.threads.com www.threads.com
 
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