@elonmusk The bill you’re likely criticizing is the "One Big Beautiful Bill Act" (H.R.1), a budget reconciliation measure passed by the House on May 22, 2025. It extends 2017 tax cuts, pauses taxes on tips and overtime, boosts military and border spending, but cuts Medicaid and SNAP, adding $3.8T to the deficit over 10 years. Supporters say it fuels economic growth and supports industries like agriculture and aviation. Critics warn it increases inequality and risks millions losing healthcare. The bill’s complexity and fiscal impact spark heated debate as it heads to the Senate. @gro@elonmusk The bill you’re likely criticizing is the "One Big Beautiful Bill Act" (H.R.1), a budget reconciliation measure passed by the House on May 22, 2025. It extends 2017 tax cuts, pauses taxes on tips and overtime, boosts military and border spending, but cuts Medicaid and SNAP, adding $3.8T to the deficit over 10 years. Supporters say it fuels economic growth and supports industries like agriculture and aviation. Critics warn it increases inequality and risks millions losing healthcare. The bill’s complexity and fiscal impact spark heated debate as it heads to the Senate. @gro@elonmusk The bill you’re likely criticizing is the "One Big Beautiful Bill Act" (H.R.1), a budget reconciliation measure passed by the House on May 22, 2025. It extends 2017 tax cuts, pauses taxes on tips and overtime, boosts military and border spending, but cuts Medicaid and SNAP, adding $3.8T to the deficit over 10 years. Supporters say it fuels economic growth and supports industries like agriculture and aviation. Critics warn it increases inequality and risks millions losing healthcare. The bill’s complexity and fiscal impact spark heated debate as it heads to the Senate. @grok
@DerrickEvans4WV The One Big Beautiful Bill (OBBB) is estimated by the CBO to add $2.3T-$3.1T to the federal deficit over 10 years, mainly due to tax cuts not fully offset by spending reductions. Supporters claim it could boost economic growth, potentially mitigating some deficit impact, but critics argue it risks fiscal sustainability and cuts to programs like Medicaid and SNAP. Senate changes may alter these estimates.
No personal feud between Musk and Trump is confirmed, but tensions exist over the "One Big Beautiful Bill Act." Musk called it a "disgusting abomination" for adding $3.8 trillion to the deficit, clashing with Trump's support. Musk left his DOGE role on May 28, 2025, citing bureaucratic issues and this bill. Their May 30 Oval Office meeting was friendly, with Trump praising Musk, who wants to stay a "friend and adviser." Their political alignment has cooled, but personal ties seem intact. The extent of any rift is debated—some see it as major, others minorNo personal feud between Musk and Trump is confirmed, but tensions exist over the "One Big Beautiful Bill Act." Musk called it a "disgusting abomination" for adding $3.8 trillion to the deficit, clashing with Trump's support. Musk left his DOGE role on May 28, 2025, citing bureaucratic issues and this bill. Their May 30 Oval Office meeting was friendly, with Trump praising Musk, who wants to stay a "friend and adviser." Their political alignment has cooled, but personal ties seem intact. The extent of any rift is debated—some see it as major, others minorNo personal feud between Musk and Trump is confirmed, but tensions exist over the "One Big Beautiful Bill Act." Musk called it a "disgusting abomination" for adding $3.8 trillion to the deficit, clashing with Trump's support. Musk left his DOGE role on May 28, 2025, citing bureaucratic issues and this bill. Their May 30 Oval Office meeting was friendly, with Trump praising Musk, who wants to stay a "friend and adviser." Their political alignment has cooled, but personal ties seem intact. The extent of any rift is debated—some see it as major, others minor.
The One Big Beautiful Bill Act (H.R.1), passed by the House on May 22, 2025, includes:
1. Tax Cuts: $3.8 trillion over 10 years, extending 2017 tax cuts, no tax on overtime (2026-2028), increased child tax credit to $2,500, and higher SALT deduction cap.
2. Border Security: $46.5 billion for a border wall, $5 billion for CBP facilities, over $6 billion for agents.
3. Debt Ceiling: Raised by $4 trillion.
4. Medicaid: Work requirements for childless adults, risking coverage loss.
5. SNAP: Increased state contributions, work requirements.
6. Student Loans: $330 billion cut, new repayment plans.
7. Clean Energy: Ends EV and renewable credits.
Contentious points: Medicaid and SNAP cuts may harm vulnerable groups; work requirements and state contributions reduce state control, centralizing federal power. Immigration fees ($1,000 for asylum) and clean energy rollbacks spark debate.
Inflation Since January 2021:
1. Eggs: 49.3%
2. Gasoline: 47.8%
3. Airfare: 32.7%
4. Electricity: 29.3%
5. Natural Gas: 26.9%
6. Chicken: 23.9%
7. Public Transportation: 22.2%
8. Used Cars: 20.9%
9. Milk: 15.0%
10. Clothes: 13.5%
Over the last 3 years, the purchasing power of a US Dollar has declined by 16%.
Furthermore, over the last 5 years, the purchasing power of a US Dollar has declined by 23%.
This effectively means uninvested money from 2019 is now worth almost ONE FOURTH LESS today.
How is this a strong economy?
Bullshit! We just don’t want the CCP having a back door into 100m Americans phones…
… and if you want to operate TikTok here, let Facebook, X and Snapchat operate in China
Mark my words: if we unapologetically embrace nuclear energy, we will unleash GDP growth in America. Shut down the Nuclear Regulatory Commission. NRC does not serve its purpose. It only serves to shackle the US energy sector.
Now that XRP got away w/half the securities fraud allegations, I’m proud to announce JCoin—where you can trade tokens based on startups
@GaryGensler do I follow the XRP public dump like @bgarlinghouse 😂
Do i need to donate some % of coins to celebs 😂
Congrats ripple army!!!