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Doodley

(10,984 posts)
Thu May 29, 2025, 12:42 AM Thursday

With the court ruling on tariffs, does that mean the big ugly bill is also dead?

The bill relied on tariff revenue to offset the cost of the tax cuts. The ten percent global baseline tariff alone was supposed to generate between $2.3 trillion and $3.3 trillion in additional revenue over a ten-year period.

Source for tariff revenue estimate:
https://www.whitehouse.gov/articles/2025/05/fact-one-big-beautiful-bill-cuts-spending-fuels-growth/

11 replies = new reply since forum marked as read
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With the court ruling on tariffs, does that mean the big ugly bill is also dead? (Original Post) Doodley Thursday OP
Yes, but just remember this case will be eventually decided by the "Roberts" Supreme Court. SalamanderSleeps Thursday #1
True, but at least it elevates the tariff issues and makes it a big deal in voters' minds. Doodley Thursday #8
You've got something there NJCher Thursday #2
You are a hound after my heart. SalamanderSleeps Thursday #3
Yes. It could kill the current version of the MAGA Murder Budget pat_k Thursday #4
I like your vision and your hope. I'm onboard with all of that! Doodley Thursday #7
What better time than 7/4 to declare independence from our current mad king? pat_k Thursday #11
it's adorable quakerboy Thursday #5
Watch The Bond Market modrepub Thursday #6
Good points! Doodley Thursday #10
I try to be adorable! Doodley Thursday #9

SalamanderSleeps

(825 posts)
1. Yes, but just remember this case will be eventually decided by the "Roberts" Supreme Court.
Thu May 29, 2025, 12:55 AM
Thursday

The same court that, under his leadership, gave us "Citizens United."

Doodley

(10,984 posts)
8. True, but at least it elevates the tariff issues and makes it a big deal in voters' minds.
Thu May 29, 2025, 09:40 AM
Thursday

SalamanderSleeps

(825 posts)
3. You are a hound after my heart.
Thu May 29, 2025, 01:10 AM
Thursday

It's good to know that I have company in my thoughts.

Nite, keep warm.

pat_k

(11,243 posts)
4. Yes. It could kill the current version of the MAGA Murder Budget
Thu May 29, 2025, 02:18 AM
Thursday

But he will be bullying his sycophants' to "fix it" by enacting tariffs as part of the Murder Budget.

As long as the question is up in the air, it certainly complicates things for Thune.

My hopes:
1. They don't pass anything before July 4
2. A massive anti-47 coalition finds creative ways to "own" the 4th and get A LOT of people into the streets.
3. The public's animosity toward the MAGA Murder Budget and toward 47 and his cronies in the regime is so visible that the 47 sycophants in the House and Senate are more frightened of their voters tossing them out than they are of the threat of a primary challenge funded by unlimited dollars from 47's enforcer Musk.

And, if Musk has actually broken with 47 over the Murder Budget, that threat could seriously lose power.



pat_k

(11,243 posts)
11. What better time than 7/4 to declare independence from our current mad king?
Thu May 29, 2025, 01:28 PM
Thursday

I'm not seeing anything akin to the "hands off" protests in the works yet, but am keeping my eyes peeled, and am poking around to identify groups to push the idea of coordinating and getting July 4 plans off the ground now.

quakerboy

(14,370 posts)
5. it's adorable
Thu May 29, 2025, 03:07 AM
Thursday

That you expect logical consistency and think that republicans might care about balanced budgets.


This will either be ignored or used as a reason to cut more social safety net items

modrepub

(3,850 posts)
6. Watch The Bond Market
Thu May 29, 2025, 04:35 AM
Thursday

The bigger the whole in the budget the bigger the sell off in US treasuries will be. As a reminder, US treasury price drops mean interest rate increases. Higher interest rates slow economic activity reducing tax revenues and so forth.

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