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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe "Horse & Sparrow Big Beautiful Bill" Passed the House Committee Vote
The vote before the entire House is expected this week.
This bill doesn't give tax breaks to billionaires for 10 years, it gives tax breaks to billionaires permanently.
It is being scored for 10 years, and the numbers that some are putting out are way off. This bill will add at least 4.7 trillion dollars to the deficit over 10 years. I heard Chris Murphy say it will add 7 trillion.
The tax cuts for billionaires will happen immediately, and the gashing of the social net will come later so as to give Congressional Magats some cover and time to be reelected and get their stories straight.
This is a horrible bill, once the poor and working class lose benefits, it is damn hard to get them back.
Not enough debate, fuck, I have seen zero debate, about why we need to give more money to billionaires. Want to seriously reduce the deficit? Tax the rich.
We are going to feed the horse more oats so the sparrows have plenty to eat.
This bill is going to kill a lot of people, and Democrats need to frame it that way. This bill isn't about economics, it's about life and death.

malaise
(284,545 posts)That is all
gab13by13
(28,286 posts)marble falls
(65,691 posts)... one way we get pissed on, the other way we get shit on. Win/win.
gab13by13
(28,286 posts)from the 1920's. Reagan changed the name to Trickle Down.
Dem4life1970
(872 posts)Trickle On...
niyad
(123,908 posts)FoxNewsSucks
(11,155 posts)Wednesdays
(20,514 posts)
allegorical oracle
(5,007 posts)Johonny
(23,725 posts)Because that is what he does
gab13by13
(28,286 posts)calimary
(86,464 posts)LymphocyteLover
(8,056 posts)LymphocyteLover
(8,056 posts)niyad
(123,908 posts)alterfurz
(2,610 posts)Late 19th century Populists derided the fraud of trickle-down economics as the "Horse-and-Sparrow" theory: "Feed the horse enough oats, and eventually some will find their way onto the road for the sparrows to find.
Blubird
(21 posts)Ive always heard it said that if you feed the horse enough oats the chickens will get some too. Old farming saying but sparrows work too. 🙂
dalton99a
(88,691 posts)oldmanlynn
(665 posts)Yet it seems like Republicans are doing this, so there is no doubt in my mind that the Democrats could add it all back if Democrats get united and elected.
Mr.Bee
(737 posts)
Repeal the Reagan Tax Cuts
the Bush Tax Cuts
the Trump Tax Cuts
Equality in taxation
FalloutShelter
(13,369 posts)Ol Janx Spirit
(242 posts)...to make it look like they are paying for more of it now than they actually are. It's like planning your family budget now based on the hope that you'll get a raise in four years even though you barely even show up to your job today and are not particularly good at it....
IbogaProject
(4,455 posts)The most wealthy have very low income multipliers. They mostly shuffle money amongst their own class very slowly. Some one in the lower quintiles spends their money fast and and often local. The difference in my 1980s economics text book was dramatic. The bottom 40% had an income multiplier of 11x over the following 12 months, the top cohort was 0.4x over the next twelve months. This is why the billionaires are so desperate for even more tax beaks as it slows economic growth and they can't hit their own financial targets but with policies like this it will remain a race to the bottom with a vast majority doing worse. Progressive taxation isn't to redistribute but to prime the pump for economic creation which has the effect of raising real rather than paper living standards.
DENVERPOPS
(12,370 posts)the Billionaires and multi Millionaires..................when is enough, enough?????????????????????????
It becomes almost a psychotic obsession with so many of them..........
I think that it is tied to their knowledge, that if it were taken away from them, they think that it would lead to their demise.... It is the only way they can live. Plus it gives them an immense feeling of power..........
They constantly fear that if they were to lose it, it would be like losing food and water.......They seem to feel that they can only function/live having money, and they wouldn't have a glimmer of how to live any kind of life without it......They know no other way............
That is only a guess........ what do I know.......
Ligyron
(7,944 posts)They justify their positions and existence showing their masters theyre hard at work finding more money for them.
what are quizlings??????????????
rampartd
(1,895 posts)quisling was the nazi leader of norway
bif
(25,567 posts)Turbineguy
(39,044 posts)There will never be a revolution here!
eallen
(2,979 posts)There will be significant pressure on moderate Dems in both chambers to provide a few votes.
OMGWTF
(4,733 posts)Question: Why do Rethuglicans hate Americans so much?
riversedge
(75,736 posts)The Big Beautiful Bill is designed to be the largest upward transfer of wealth in American History.
Link to tweet
pat_k
(11,231 posts)... because people will die.
We need to get FAR better at saying fewer things, and saying them over, and over, and over.
One of those things it calling the abomination The MAGA Murder Budget.
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Freedom Over Fascism Toolkit
https://docs.google.com/document/d/1s0JbXhND7-1iqABNcUNL031NQLxkLfr-USkCKGZTidI/edit?usp=drivesdk