Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

IrishBubbaLiberal

(1,673 posts)
Fri May 23, 2025, 10:29 AM 7 hrs ago

Massive tax breaks for billionaires, yet cutting $500B from Medicare, $700B cut to Medicaid, cut $300B for food for poor


Imagine how massive the tax breaks for billionaires must be when cutting $700B from Medicaid, $500B from Medicare, and $300B in food assistance STILL leaves a $4T deficit.


Imagine how massive the tax breaks for billionaires must be when cutting 0B from Medicaid, 0B from Medicare, and 0B in food assistance STILL leaves a T deficit.

Mueller, She Wrote (@muellershewrote.com) 2025-05-22T22:18:54.241Z
7 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Massive tax breaks for billionaires, yet cutting $500B from Medicare, $700B cut to Medicaid, cut $300B for food for poor (Original Post) IrishBubbaLiberal 7 hrs ago OP
It's what Republicans have been doing since Saint Fucking Ronnie Reagan bif 7 hrs ago #1
There is no bottom to their depravity and greed. dalton99a 7 hrs ago #2
One thing to keep in mind ... VMA131Marine 7 hrs ago #3
It's a start. usonian 7 hrs ago #4
The 10 richest Americans made 365 billion dollars last year gab13by13 7 hrs ago #5
I really don't understand how they can make something like this permanent bif 5 hrs ago #7
And after they pass this tax cut, they will immediately start working on the next one. Midnight Writer 6 hrs ago #6

bif

(25,512 posts)
1. It's what Republicans have been doing since Saint Fucking Ronnie Reagan
Fri May 23, 2025, 10:30 AM
7 hrs ago

He made it acceptable to screw the poor!

VMA131Marine

(4,981 posts)
3. One thing to keep in mind ...
Fri May 23, 2025, 10:36 AM
7 hrs ago

These numbers are total cuts over 10 years, and some of the reduction will be based on not letting spending on these programs grow with inflation. That means a much larger effective cut in year 10 than year 1. A new Democratic Administration in 2029 would be able to reverse the worst of this awful budget.

gab13by13

(28,210 posts)
5. The 10 richest Americans made 365 billion dollars last year
Fri May 23, 2025, 10:58 AM
7 hrs ago

The average American made 50,000 dollars. It would take the average 10 Americans 176,000 years to make what the 10 richest made in 1 year.

These tax cuts are basically for 70 people. The 4 trillion dollar addition to the debt is low ball, I say 7 trillion.

These tax cuts are projected for the next 10 years but these tax cuts are permanent.

bif

(25,512 posts)
7. I really don't understand how they can make something like this permanent
Fri May 23, 2025, 12:30 PM
5 hrs ago

Doesn't make sense. Everything is subject to change.

Midnight Writer

(23,999 posts)
6. And after they pass this tax cut, they will immediately start working on the next one.
Fri May 23, 2025, 11:35 AM
6 hrs ago

The rich will suck this nation dry, and then the world.

Kick in to the DU tip jar?

This week we're running a special pop-up mini fund drive. From Monday through Friday we're going ad-free for all registered members, and we're asking you to kick in to the DU tip jar to support the site and keep us financially healthy.

As a bonus, making a contribution will allow you to leave kudos for another DU member, and at the end of the week we'll recognize the DUers who you think make this community great.

Tell me more...

Latest Discussions»General Discussion»Massive tax breaks for bi...