To the president, it's gorgeous. We call it a great big beautiful bill cuz that's what it is. But to Democrats, an ugly betrayal.The bill before the Senate is out of poison. 940 pages that make up the foundation of President Trump's agenda. So what's actually in it.Start with tax cuts, a huge piece of this plan. As written, the bill would make the president's signature 2017 cuts permanent. The bill would also let people deduct more of their state and local income taxes for the next 5 years.And it would fulf ...

RT Ray Dalio (@RayDalio)"I promise to not raise your taxes" and "I promise to not cut your benefits" are the two popular political promises that are inconsistent with the much more needed promise "I promise to cut the budget deficit to about 3 percent of GDP" that is required to prevent a big debt/dollar crisis. There is no way that the deficit/debt bomb problem can be sustainably dealt with unless there is a mix of tax revenue increases and spending decreases that are determined in a bipartisan way. Our re ...

Senate Republican leaders continue to scrounge for votes to pass Donald Trump’s $3.3 trillion tax and spending bill as lingering intraparty fights threaten to upend the legislative centerpiece of his domestic agenda https://t.co/lhTIznRBnb ...

27 Jun 2025 17:07:58 ET │ 26 pages V i e w p o i n t | US Economics Weekly Summer of dove CITI'S TAKE Our base case for rate cuts to resume in September appears to have rapidly become the Fed official consensus. Two-year Treasury yields declined to reflect the likely upcoming cuts. We project the unemployment rate to rise from 4.2% to 4.4% next week, following continuing jobless claims higher. A sharper weakening in the job market (4.5% unemployment) could lead officials to bring forward the next cut to Jul ...

V i e w p o i n t | Veronica Clark AC +1-212-816-8830 veronica1.clark@citi.com 27 Jun 2025 10:19:58 ET │ 9 pages Gisela Young AC US Economics +1-212-816-8349 gisela.young@citi.com Slow services spending, subdued core PCE point to Fed cuts CITI'S TAKE Slowing consumer spending and subdued core PCE inflation should keep Fed officials on-track to cut policy rates, most likely in September. Core PCE inflation was a touch stronger than expected, but at 0.179%MoM, subdued enough to keep the Fed on track to cut po ...

"ALL FEDERAL SPENDING IS TAXATION."Elon Muskhttps://t.co/wpOOSLSmx0 ...

“Inflation, throughout history, has been used as a pernicious tax.It's like one degree removed, so people don't feel it directly. Then, the politicians will try to blame it on something else.But it's all about government spending.”Elon Muskhttps://t.co/zS3GA35Jej ...

To the president, it's gorgeous. We call it a great big beautiful bill because that's what it is. But to Democrats, an ugly betrayal.The bill before the Senate is out of poison. 940 pages that make up the foundation of President Trump's agenda. So what's actually in it.Start with tax cuts. A huge piece of this plan. As written, the bill would make the president's signature 2017 cuts permanent.It's been an amazing experience. The bill would also let people deduct more of their state and local income taxes fo ...

If this insane spending bill passes, the America Party will be formed the next day.Our country needs an alternative to the Democrat-Republican uniparty so that the people actually have a VOICE. ...

Мы-то планируем сокращение расходов на оборону. У нас вот и в следующем году, и через год, и на ближайшую трёхлетку мы планируем, ну, пока нет договорённости окончательной между Минобороной, Минфином, Миноэкономразвития, но в целом все думают именно в этом направлении, а Европа думает о том, как поднять свои расходы наоборот. Так кто готовится к каким-то агрессивным действиям.Мы или они. Мы, да, хотим завершить специальную военную операцию с нужным нам результатом. Конечно, но на это всё и ээ рассчитывается ...