Thursday, November 20, 2025
Smart Again
  • Home
  • Trending
  • Politics
  • Law & Defense
  • Community
  • Contact Us
No Result
View All Result
Smart Again
  • Home
  • Trending
  • Politics
  • Law & Defense
  • Community
  • Contact Us
No Result
View All Result
Smart Again
No Result
View All Result
Home Politics

House Republicans move to gut spending and cut taxes (mainly for the rich) by $4.5 trillion

February 12, 2025
in Politics
Reading Time: 3 mins read
0 0
A A
0
House Republicans move to gut spending and cut taxes (mainly for the rich) by .5 trillion
Share on FacebookShare on Twitter


Republican House Speaker Mike Johnson, Arizona Rep. Abraham Hamadeh, and House Majority Whip Tom Emmer of Minnesota following a Capitol press conference on Tuesday, February 11. J. Scott Applewhite/AP

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.

The budget resolution released Wednesday by the House Republican caucus contains no concrete details, but it codifies a GOP strategy that should surprise absolutely no one.

In parallel with the mayhem playing out in the Executive Branch, the House lawmakers aim to gut agencies Donald Trump disfavors, boost spending for those that align with his agenda, renew and extend the 2017 tax cuts that enriched America’s most affluent—his latest proposals all told, by one estimate, would raise taxes on all but the top 5 percent. They also pay lip service to the deficit even as their proposals will increase it significantly, perhaps as a way to build political consensus for cuts to programs like Social Security and Medicare.

Specifically, the new resolution directs each House committee to submit recommendations, by March 25, to either cut or increase federal spending under its jurisdiction. The figures below cover the 10-year period from 2025 to 2034.

Cuts (“not less than…”)Agriculture: $230 billionEducation and Workforce: $330 billionEnergy and Commerce: $880 billionFinancial Services: $1 billionNatural Resources: $1 billionOversight and Government Reform: $50 billionTransportation and Infrastructure: $10 billion

Total cuts: $1.5 trillion

Increases (“not more than…”)Armed Services: $100 billionHomeland Security: $90 billionJudiciary: $110 billion

And the doozy: Ways and Means, the committee responsible for tax policy, “shall submit changes in laws within its jurisdiction that increase the deficit by not more than $4,500,000,000,000.”

That’s an invitation for a net $4.5 trillion in tax cuts.

Total increases: $4.8 trillion

If the total cuts from the group above don’t reach $2 trillion, the document states, the difference will come out of Ways and Means’ $4.5 trillion allowance. That would leave us with almost $3 trillion in deficit spending. But at least the rich will get their tax breaks, right?

The resolution also asks Ways and Means to request a $4 trillion increase in the debt limit.

In the past, House Republicans have talked a good game on balanced budgets. This would be anything but. Tellingly, their resolution makes a show of lamenting the growing federal debt, which “poses a significant risk to the country’s long-term fiscal sustainability, with implications for future generations.” The document points to the mandatory spending that accounts for more than 70 percent of the budget, noting that it has increased by 59 percent since 2019.

And yes, the growing debt is a problem, especially when interest rates are higher, which makes servicing payments expensive, but there are ways to narrow the deficit that the Republicans, along with Elon Musk and his DOGE bros, have largely ignored.

Indeed, the gripes about mandatory federal spending, especially in this context, sound like a pre-justification for cutting from the three biggest areas of mandatory spending: Social Security, Medicare, and Medicaid.

Republicans have already targeted Medicaid, the national health insurance program for the poor, by proposing work requirements—which evidence shows are little more than a cruel tactic to purge people from the rolls. Going after Social Security and Medicare would be messing with America’s seniors, who are relatively wealthy and politically engaged, driving up their health care costs.

Historically, the latter two have been political third rails, “but with this group, I kind of never know anymore,” says a Democratic aide who works with the House Ways and Means Commitee. “They’re already talking about doing things on Social Security and Medicare in a way that I never would have thought they would be talking about, but it’s definitely in the ether.”



Source link

Tags: cutgutHouseMoveRepublicansRichspendingtaxestrillion
Previous Post

“Stop this ridiculous war”: Trump teases end of Ukraine conflict after calls with Putin, Zelenskyy

Next Post

Data Analysts Recommend Investigation Into Trump’s Pennsylvania Win

Related Posts

Trump And Mike Johnson Are Livid That Their Plan To Bury The Epstein Files Was Sabotaged
Politics

Trump And Mike Johnson Are Livid That Their Plan To Bury The Epstein Files Was Sabotaged

November 19, 2025
A Barely Able To Speak Trump Falls Apart In Front Of The World At Saudi Business Forum
Politics

A Barely Able To Speak Trump Falls Apart In Front Of The World At Saudi Business Forum

November 19, 2025
The anti-vax movement’s wildest claim yet: Polio wasn’t so bad
Politics

The anti-vax movement’s wildest claim yet: Polio wasn’t so bad

November 19, 2025
Inside the  billion industry built on America’s school shooting epidemic
Politics

Inside the $4 billion industry built on America’s school shooting epidemic

November 19, 2025
Jasmine Crockett Drops A Texas Sized Dose Of FAFO On Trump
Politics

Jasmine Crockett Drops A Texas Sized Dose Of FAFO On Trump

November 19, 2025
Trump meets business partner In the Oval Office
Politics

Trump meets business partner In the Oval Office

November 18, 2025
Next Post
Data Analysts Recommend Investigation Into Trump’s Pennsylvania Win

Data Analysts Recommend Investigation Into Trump's Pennsylvania Win

Happy Birthday, Abe

Happy Birthday, Abe

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Marc Maron’s heart made “WTF” a hit. In the Joe Rogan age, it’s all about shallow brawn

Marc Maron’s heart made “WTF” a hit. In the Joe Rogan age, it’s all about shallow brawn

June 4, 2025
Assad is gone. Will Syrian refugees go home?

Assad is gone. Will Syrian refugees go home?

December 14, 2024
Diagnoses and Definitions That Describe America’s Trump Nightmare. Americans From Both Parties Are Rising up to Stop The Coup.

Diagnoses and Definitions That Describe America’s Trump Nightmare. Americans From Both Parties Are Rising up to Stop The Coup.

March 19, 2025
Could Dune: Prophecy really be the next Game of Thrones? 

Could Dune: Prophecy really be the next Game of Thrones? 

November 18, 2024
“Black Bag” makes monogomy sexy again

“Black Bag” makes monogomy sexy again

March 14, 2025
Gerrymandering fails in Utah: Even red states have rules

Gerrymandering fails in Utah: Even red states have rules

November 11, 2025
“They stole an election”: Former Florida senator found guilty in “ghost candidates” scandal

“They stole an election”: Former Florida senator found guilty in “ghost candidates” scandal

0
The Hawaii senator who faced down racism and ableism—and killed Nazis

The Hawaii senator who faced down racism and ableism—and killed Nazis

0
The murder rate fell at the fastest-ever pace last year—and it’s still falling

The murder rate fell at the fastest-ever pace last year—and it’s still falling

0
Trump used the site of the first assassination attempt to spew falsehoods

Trump used the site of the first assassination attempt to spew falsehoods

0
MAGA church plans to raffle a Trump AR-15 at Second Amendment rally

MAGA church plans to raffle a Trump AR-15 at Second Amendment rally

0
Tens of thousands are dying on the disability wait list

Tens of thousands are dying on the disability wait list

0
This Blog On Substack Today. It Is Bad In America, But Hope And Change Are Emerging.

This Blog On Substack Today. It Is Bad In America, But Hope And Change Are Emerging.

November 20, 2025
“Heard there are no files”: Rogan mocks Trump for changing his story on Epstein

“Heard there are no files”: Rogan mocks Trump for changing his story on Epstein

November 20, 2025
Trump And Mike Johnson Are Livid That Their Plan To Bury The Epstein Files Was Sabotaged

Trump And Mike Johnson Are Livid That Their Plan To Bury The Epstein Files Was Sabotaged

November 19, 2025
Trump’s Got Georgia On His Mind Again

Trump’s Got Georgia On His Mind Again

November 19, 2025
The DOJ’s big screwups, briefly explained

The DOJ’s big screwups, briefly explained

November 19, 2025
Texas Republicans started a national redistricting arms race. They may be losing

Texas Republicans started a national redistricting arms race. They may be losing

November 19, 2025
Smart Again

Stay informed with Smart Again, the go-to news source for liberal perspectives and in-depth analysis on politics, social justice, and more. Join us in making news smart again.

CATEGORIES

  • Community
  • Law & Defense
  • Politics
  • Trending
  • Uncategorized
No Result
View All Result

LATEST UPDATES

  • This Blog On Substack Today. It Is Bad In America, But Hope And Change Are Emerging.
  • “Heard there are no files”: Rogan mocks Trump for changing his story on Epstein
  • Trump And Mike Johnson Are Livid That Their Plan To Bury The Epstein Files Was Sabotaged
  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2024 Smart Again.
Smart Again is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Trending
  • Politics
  • Law & Defense
  • Community
  • Contact Us

Copyright © 2024 Smart Again.
Smart Again is not responsible for the content of external sites.

Go to mobile version