Mike Johnson, Donald Trump get ‘big, 'beautiful’ win as budget passes House

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FastLane

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Mike Johnson, Donald Trump get ‘big, 'beautiful’ win as budget passes House​


President Donald Trump's "one big, beautiful bill" passed the House of Representatives early on Thursday morning with few Republican defections.


It is a significant victory for House Speaker Mike Johnson, R-La., who navigated deep inter-party friction within the House GOP Conference to deliver a product from which few Republican lawmakers ultimately defected.

The bill is a sweeping multi-trillion-dollar piece of legislation that advances Trump's agenda on taxes, immigration, energy, defense and the national debt. It's sought to make a dent in the federal government's spending trajectory by cutting roughly $1.5 trillion in government spending elsewhere. The U.S. government is over $36 trillion in debt and has spent $1.05 trillion more than it's collected in the 2025 fiscal year, according to the Treasury Department.

The bill passed 215 to 214 with just two Republicans, Reps. Thomas Massie, R-Ky., and Warren Davidson, R-Ohio, voting against it. All Democrats voted against the bill as well, and House Freedom Caucus Chair Andy Harris, R-Md., voted "present.".....
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No tax on tips, No Tax on overtime, no tax on Social Security. It is in the Senate's court now.

:thumbsupgirl:
 
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Only another $3 Trillion+ added to the deficit.

The GOP always talks such a big game about deficit reduction. They're just like Dems.
 
BartenderElite said:
Only another $3 Trillion+ added to the deficit.

The GOP always talks such a big game about deficit reduction. They're just like Dems.
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They are far worse than Dems. Do some homework. The deficit is the Republican policy. They work for the super wealthy and give them money as a normal policy.
 
FastLane said:
The economy will be better than estimated by The Congressional Budget Office they are never right.
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Yeah tell that to the Market that fell 800 yesterday, and more significantly, to the Bond market that sank in some cases to decades old lows
 
archives said:
Yeah tell that to the Market that fell 800 yesterday, and more significantly, to the Bond market that sank in some cases to decades old lows
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The market goes up and down. It will go up again when forgiven investments start rolling in. And when our companies have a more level playing field.
 
FastLane said:
The market goes up and down. It will go up again when forgiven investments start rolling in. And when our companies have a more level playing field.
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Why would foreign investments flock to a shaky unpredictable market? And with jitters on the Bond Market, no one is currently willing to bank on the U.S.

The markets do go up and down, although overall it has done nothing but trend down since January, but what hurts the Markets is the unpredictability and chaos Trump creates in the Markets
 
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