the new BLS 'head' ... turns out he's quite the NAZI
his presentation given was in front of a multi panel painting of a ship ... a WARSHIP ...
the pride of the German Navy ... the BISMARCK
they air brushed out the German flag
Brendan Duke
@brendanvduke.bsky.social
10043 Followers
484 Following
Fiscal policy wonk at Center on Budget & Policy Priorities| Former Biden-Harris White House National Economic Council | Former Senate Aide | CAP/JEC Alum | Brock Purdy Fan Club Founder
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An example of the explicit policy choice made by Congressional Republicans and Trump: they could have had zero cuts to Medicaid and SNAP while reducing the top 10%'s tax cut for the same fiscal cost.
The top 10% would've still gotten a tax cut.
They chose different.
NEW: Congressional Budget Office analysis of who wins and loses in the GOP megabill.
Top 10% gets $13,600 a year (2.7% increase in income)
Bottom 10% loses $1,200 a year (3.1% drop in income)
This isn't shared sacrifice--it's class warfare.
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CBO shows GOP megabill will make the bottom 20% of households poorer. What is impressively depressing about the GOP megabill is it borrows money (which the CBO analysis considers costless) and it still manages to leave millions of Americans worse off.
Distributional Effects of Public Law 119-21
CBO estimates that as result of P.L. 119-21, resources will decrease for households toward the bottom of the income distribution, whereas resources will increase for households in the middle and towar...
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NEW: Congressional Budget Office analysis of who wins and loses in the GOP megabill.
Top 10% gets $13,600 a year (2.7% increase in income)
Bottom 10% loses $1,200 a year (3.1% drop in income)
This isn't shared sacrifice--it's class warfare.
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The tradeoff at the heart of the flawed GOP megabill: cutting programs that help people afford groceries and health care in order to cut taxes for households making over $500k.
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Our analysis of the full Joint Committee on Taxation tables of the flawed GOP megabill: a $1T tax cut for the top 1% and a staggering $2.4T tax cut for the top 10%.
Tax cuts of around $500B for households in the bottom 60%--the very folks who also face the brunt of cuts to Medicaid and SNAP.
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I know exactly what you mean!
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Let's put the $3.4 trillion cost of Republican reconciliation law in context.
Its tax cuts are so costly that Republicans could have extended all of the expiring tax cuts for families (including millionaires) without cutting SNAP/Medicaid...and it would have cost less.
The Congressional Budget Office's final verdict: the GOP tax and spending bill will cost $3.4 trillion over ten years.
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The Congressional Budget Office's final verdict: the GOP tax and spending bill will cost $3.4 trillion over ten years.
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Let's put the $3.4 trillion cost of Republican reconciliation law in context.
Its tax cuts are so costly that Republicans could have extended all of the expiring tax cuts for families (including millionaires) without cutting SNAP/Medicaid...and it would have cost less.
The Congressional Budget Office's final verdict: the GOP tax and spending bill will cost $3.4 trillion over ten years.
