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X @Elon Musk
Elon Musk· 2025-07-01 19:14
Fiscal Policy Stance - Senator Rand Paul opposed Congress adding to the national debt [1] - Senator Rand Paul offered to vote for the bill if it included a 90% reduction in the debt ceiling [1] - The offer included no earmarks and no handouts, focusing on real fiscal reform [1] - Congress chose to sell out taxpayers instead of fiscal sanity [2] Proposed Fiscal Reform - The proposal aimed for a 90% reduction in the debt ceiling [1] - The proposal emphasized real fiscal reform [1] - The proposal rejected earmarks and handouts [1]
X @Bloomberg
Bloomberg· 2025-07-01 15:46
Bank of England Governor Andrew Bailey said high interest rates are having less of an impact on inflation because of Britain’s low levels of debt among both businesses and consumers https://t.co/AQMCkQIocq ...
Ray Dalio says debt bomb lurks, Trump and Musk exchange more heated remarks
Yahoo Finance· 2025-07-01 15:23
Market News & Concerns - Billionaire Ray Dalio expresses concerns over President Trump's tax bill, suggesting a potential debt crisis [1] - The market is reacting to tensions between President Trump and Tesla CEO Elon Musk regarding the tax bill [1] Key Figures & Companies - Mentions President Trump and Tesla CEO Elon Musk as key figures influencing market sentiment [1] - Yahoo Finance provides financial news and data [1] Resources & Platforms - Yahoo Finance offers free stock ticker data, news, and portfolio management resources [1] - Yahoo Finance is accessible via website (finance.yahoo.com) and mobile apps on Apple and Android [1] - Yahoo Finance maintains a presence on social media platforms including X, Instagram, TikTok, Facebook, and LinkedIn [1]
X @The Economist
The Economist· 2025-07-01 07:14
Germany’s finance minister has unveiled plans to borrow vast sums for a debt-funded infrastructure programme and a giant rearmament scheme. Three things have enabled this splash of cash https://t.co/LQXCcfWyb8 ...
'It's a nightmare': Top Dem slams GOP megabill's Medicaid, SNAP cuts
MSNBC· 2025-07-01 02:31
What does it mean for motans. Uh, this bill, it's a nightmare like every other state. One out of two people in my state is on Medicaid if they're in assisted living.So, think about that. So, this they are literally giving tax cuts to the wealthiest, $400,000 tax cut to multi-millionaires on the backs of people in assisted living, kids who are getting kicked off of food assistance. And it is, as just pointed out correctly, over $4 trillion in debt, which is going to mean increased mortgage rates.It's going t ...
Trump's 'debt bomb!' $3 trillion deficit-busting bill dubbed 'insane' by Musk (Melber report)
MSNBC· 2025-06-30 23:48
Breaking news out of Washington where the United States Senate is debating what would be as a factual matter the largest change and cut to the modern safety net in our time. President Trump's legislative agenda itself hangs in the balance. There are things in here that people think are very bad.Big cuts to healthcare. There are things that Trump says are very good. But all of it drives through this budget process.We can see the Senate floor where they have been having what they call a voterama. The final vo ...
X @Elon Musk
Elon Musk· 2025-06-30 23:18
Wise wordsRon Paul (@RonPaul):As was easily predictable, all the carrots they hung on the "Big Beautiful Bill" to get House Republicans to vote on it have been stripped from the Senate version.The only thing remaining is the massive increase in debt.As usual, Thomas Massie was right.Will the final https://t.co/XVarhMVAsE ...
X @Elon Musk
Elon Musk· 2025-06-30 22:58
They just pretend to be two parties.It’s just one uniparty in reality.The Rabbit Hole (@TheRabbitHole84):Debt under Democrats: 📈 ⬆️Debt under Republicans: 📈 ⬆️Neither of the major parties has been successful so far in addressing this issue. https://t.co/ZxFUsWGnfC ...
X @Easy
Easy· 2025-06-30 20:54
Interest Rate Impact - A 1% interest rate may solve the looming debt bubble [1] - A 1% interest rate provides an opportunity to refinance debt over an elongated period [1] - Minimal interest could make paying off massive debt more realistic [1] - Younger generations may be able to consider buying homes without massive debt overhang [1] Economic Consequences - The cost of goods will increase if interest rates go to 1% [1] - The value of the dollar will decrease significantly [2] Opportunities with Dollars - Opportunities include buying a house, buying a car, refinancing debt, and using credit cards [2]
X @Elon Musk
Elon Musk· 2025-06-30 19:36
How can you call yourself the Freedom Caucus if you vote for a DEBT SLAVERY bill with the biggest debt ceiling increase in history?@RepAndyHarrisMD @chiproytx ...