Tuned into CNN this morning for a dose of comedy gold, and they didn’t disappoint with their apocalyptic greatest hits. Top banger is that a whopping 25% of rural hospitals are doomed to shut down, lol. The OBBB's body count’s a bit of a dartboard though, anywhere from hundreds of thousands to tens of millions dead, “worse than every American war casualty combined,” they wail. And of course, kids starving in the streets. I guess that's because of the work requirement? Not sure. It’s like they dusted off the doom-and-gloom playbook and cranked the volume to 11. Oh, and the cherry on top? The One Big Beautiful Bill’s got zero for the average Joe, just a fat favor for Trump’s cronies.
-Reality check: Here's the list and there isn't much here for Billionaires, looks like the middle class and low income people are the big winners unless you here illegally that is.
Asked Grok for the top 10 items in the bill for a quick summary and it's all good. My only complaint is similar to some on Capitol Hill, it doesn't cut enough fast enough. If I could I'd axe all of federal entitlements and send them to the States where they belong
- Middle-Class Tax Cuts: The bill includes a tax cut for working- and middle-class families, with an estimated $10,000 annual increase in take-home pay for typical households.
- No Tax on Tips or Overtime: Individuals earning under $150,000 are exempt from taxes on tips and overtime pay, with a $25,000 cap in the Senate version.
- Child Tax Credit Increase: The Senate version raises the child tax credit to $2,200 permanently; the House version sets it at $2,500 through 2028.
- SALT Deduction Increase: The state and local tax (SALT) deduction cap rises from $10,000 to $40,000 for incomes under $500,000, reverting to $10,000 in 2029.
- Border Security Funding: The bill allocates billions for a border wall, 10,000 new ICE agents, 5,000 Customs and Border Protection officers, and doubles detention capacity.
- Medicaid and SNAP Work Requirements: Able-bodied adults under 65 must work 80 hours per month to qualify for Medicaid and SNAP benefits.
- Green Energy Tax Credit Phase-Out: Tax credits for electric vehicles, wind, and solar energy are phased out between 2027 and 2031.
- Small Business Deduction Expansion: The 199A small business deduction increases to 23% and is made permanent.
- Auto Loan Interest Deduction: Interest on loans for U.S.-made vehicles, up to $10,000 annually, is deductible through 2028.
- Military and Coast Guard Investment: The bill provides over $150 billion for defense, including $25 billion for a missile defense system and increased Coast Guard funding for drug and migrant interdiction.
Get ready libtards, ONE BIG BEAUTIFUL BILL WILL BE ON DADDY'S DESK ON THE 4TH.
Oh, you libtard overtime-grinders (there's got to be a couple) and tip-earners, basking in the glow of the One Big Beautiful Bill’s tax breaks! Don’t you dare spend that extra cash on selfish nonsense like groceries or rent. No, no, you must funnel every penny to noble causes, like funding Sesame Street’s gritty reboot in war-torn Iraq, Big Bird’s teaching peace through puppetry, obviously. Or better yet, wire it to some hapless transgender soul in Yemen chasing gender-affirming care in the middle of a desert. Whatever you do, don’t you dare treat yourself to a coffee with your money, you greedy capitalist pigs.
