Fiscal Policy & Debt - The new bill is projected to add approximately $500 billion to the debt in the first five years, with $270 billion added in the next year [6] - The bill includes a $5 trillion increase in the debt ceiling, the largest in history, potentially diminishing the urgency to address the debt [7] - A proposed alternative was a three-month debt ceiling extension of about $500 billion, requiring more frequent votes on the matter [8] Tax Cuts & Economic Impact - The bill includes 100% depreciation, considered a pro-growth aspect that allows businesses to quickly expense capital expenditures like bulldozers and dump trucks [3][4] - The 100% depreciation was supported in 2017 and its continuation is viewed positively for the economy [4] Special Interests & Reform - The bill contains special tax expensing for Alaskan whale captains [8][11] - A reform on food stamps was included, but Alaska was exempted from rules to reform the system despite a 60% fraud rate [11]

RT Dave Lee (@heydave7)I would be livid if I was Elon. Imagine you go all-in, receive tons of death threats, your companies are under fire, but you keep your head on the mission to cut costs thinking you’re doing your part to save our country. You bring in the best and brightest young minds, convincing them even though they get death threats too. You make big progress, toiling every day, 16+ hour work days, never complaining. You convince yourself it’s worth it because you love the country and want a better ...

InsaneDave Lee (@heydave7):Now that the BBB is law, Grok estimates the U.S. federal deficit to be $2.4 Trillion in 2025 and $2.4-2.5 Trillion in 2026.So we'll be adding about $5 Trillion to the federal debt in the next 2 years.What the politicians didn't tell you is that the $5 Trillion debt ceiling ...

BBB passes Senate via tiebreaker vote from Vance.Basically guaranteed to pass House bc of the numbers.+5T in debt ceiling = money printer go brrrrrr.Infinite inflation. Only 21m bitcoin. ...

talk all about this and very much more with me pand JP Morgan global market strategist mirror great to have you with us um very good morning to you snapshot I guess for me why don't we start there on the international pitches obviously US markets record highs bounce back very strongly but outperformed by a number of international markets has that changed the sort of perspective your clients have on on those markets or very much still focused on the US there is still a huge home bias towards US stocks but it ...

RT Mario Nawfal (@MarioNawfal)🇺🇸 SEN. RAND PAUL: CONSERVATIVE? NOT WITH A $5T DEBT CEILING"We have to judge the effects of the big, not-so-beautiful bill by looking at what happens to the debt next year.Supporters of the bill admit it adds $270 billion to the debt next year.That's the only thing we know for certain.We don't know what happens in year 3, 4, 5, 6... but we know next year, this bill will grow the deficit by $270 billion.In addition, the bill increases the debt ceiling by $5 trillion.What does t ...

Anyone who campaigned on the PROMISE of REDUCING SPENDING , but continues to vote on the BIGGEST DEBT ceiling increase in HISTORY will see their face on this poster in the primary next year https://t.co/w13Qkm2e1A ...

💯Mario Nawfal (@MarioNawfal):🇺🇸 SEN. RAND PAUL: CONSERVATIVE? NOT WITH A $5T DEBT CEILING"We have to judge the effects of the big, not-so-beautiful bill by looking at what happens to the debt next year.Supporters of the bill admit it adds $270 billion to the debt next year.That's the only thing we https://t.co/5om7k2L3L9 ...

It is obvious with the insane spending of this bill, which increases the debt ceiling by a record FIVE TRILLION DOLLARS that we live in a one-party country – the PORKY PIG PARTY!!Time for a new political party that actually cares about the people. ...

Von, what's the mood in the White House right now. And is the president confident that this bill is going to not only get through the Senate and subsequently the House, but onto his desk this week. Right.His current posture, Alex, is that he is quote proud of the Republican party up on Capitol Hill for at least preliminarily pushing this bill forward ultimately to get to this final vote before the Senate here. But as Sahil just laid out, the president is in a very precarious situation and I think it is nota ...