One Big Beautiful Bill Act

[icanhelp1]

Also on the negative side, raising the SALT cap significantly reduces tax revenue and adds to the deficit. Before TCJA, about 31% of taxpayers itemized deductions. With the hefty increases in the standard deduction, that’s shrunk to about 9%, mostly high income earners who live in high tax states.

Why can't these doofus politicians agree to bring spending back tp pre-covid levels.

 

[BabyBoomer50s]

Why can't these doofus politicians agree to bring spending back tp pre-covid levels.

And pre Obamacare levels.

 

[Politruk]

Why can't these doofus politicians agree to bring spending back tp pre-covid levels.

What would be the point of that?

 

[ll74]

And pre Obamacare levels.

This is idiotic.

Our spending should rely on our GDP., not some arbitrary bill you didn't like

 

[BabyBoomer50s]

This is idiotic.

Our spending should rely on our GDP., not some arbitrary bill you didn't like

US tax revenues have been running consistently at around 17% of GDP for decades while spending as a % of GDP has been growing. It’s out of whack.

 

[DeluxAuto]

Why should hard working Americans pay for tax and spend democrats

Red States draw more welfare than Blue ones, traitor. California subsidizes your pathetic existence.

 

[DeluxAuto]

And pre Obamacare levels.

Mike Johnson and Russ Vought Continue to Lie About Medicaid Cuts

They allege that no one will lose coverage if Trump's One Big, Beautiful Bill passes. Experts disagree

 

[ll74]

US tax revenues have been running consistently at around 17% of GDP for decades while spending as a % of GDP has been growing. It’s out of whack.

So you agree that it should not have anything to do with Obamacare and I steady should be about GDP.

Thanks for confirming.

 

[Politruk]

US tax revenues have been running consistently at around 17% of GDP for decades while spending as a % of GDP has been growing. It’s out of whack.

Tax revenue is not sucked out of the private-sector economy -- it is plowed back in immediately.

 

[BabyBoomer50s]

So you agree that it should not have anything to do with Obamacare and I steady should be about GDP.

Thanks for confirming.

The federal government’s share of Medicaid spending has grown from 1.36% of GDP to 2.28% between 2008 and 2023. Part, but not all of it is attributable to the ACA Medicaid expansion which became effective in 2014.

 

[Lazaran]

The federal government’s share of Medicaid spending has grown from 1.36% of GDP to 2.28% between 2008 and 2023. Part, but not all of it is attributable to the ACA Medicaid expansion which became effective in 2014.

BabyBoobs PURPOSELY omits the yuuuuuuge benefits and protections afforded by the ACA, while attempting to pin the majority of the increased Medicaid spending on the ACA.



BabyBoobs is a GASLIGHTING POS.



We. Told. Them. So.

 

[BabyBoomer50s]

Tax revenue is not sucked out of the private-sector economy -- it is plowed back in immediately.

About 17% is taken out and redistributed (not including state and local). Would you prefer it be 100%? What’s your number?

 

[Politruk]

About 17% is taken out and redistributed (not including state and local). Would you prefer it be 100%? What’s your number?

Where are you getting that figure? It's always 100% spent immediately.

 

[BabyBoomer50s]

BabyBoobs PURPOSELY omits the yuuuuuuge benefits and protections afforded by the ACA, while attempting to pin the majority of the increased Medicaid spending on the ACA.



BabyBoobs is a GASLIGHTING POS.



We. Told. Them. So.

I explicitly stated that the explosive growth is not exclusively due to ACA but you always react before reading.

 

[BabyBoomer50s]

Where are you getting that figure? It's always 100% spent immediately.

I think you misunderstood. Tax receipts as a percentage of GDP has averaged around 17% since the late 1950s. I can share a link to FRED if that’s what you’re questioning. Of course the government spends 100% of the money it collects. In fact the government spends more than 100%. Hence the deficit and national debt situation it has.

 

[Lazaran]

I explicitly stated that the explosive growth is not exclusively due to ACA but you always react before reading.

BabyBoobs FAILS at reading for comprehension.



The assertion was that BabyBoobs was ATTEMPTING to blame (strongly insinuating) THE MAJORITY of the increase in federal Medicaid spending on the ACA, while OMITTING the yuuuuuuge benefits and protections afforded by the ACA.

In other words, BabyBoobs was GASLIGHTING about the ACA (no surprise there).

BabyBoobs is a GASLIGHTING POS.



We. Told. Them. So.

 

[icanhelp1]

I explicitly stated that the explosive growth is not exclusively due to ACA but you always react before reading.

Medicaid (ACA) growth is also impacted by the failure of lazy able bodied fraudsters refusing to work for a living and illegal migrants sucking off the government dole.

 

[Politruk]

I think you misunderstood. Tax receipts as a percentage of GDP has averaged around 17% since the late 1950s.

And that is in no sense a problem.

 

[Politruk]

Medicaid (ACA) growth is also impacted by the failure of lazy able bodied fraudsters refusing to work for a living and illegal migrants sucking off the government dole.

Clinton abolished the government dole -- no immigrant comes here for welfare -- and nobody but doctors gets any income from Medicaid.

 

[icanhelp1]

Clinton abolished the government dole -- no immigrant comes here for welfare -- and nobody but doctors gets any income from Medicaid.

You're delusional!

 

[MajorRewrite]

Medicaid (ACA) growth is also impacted by the failure of lazy able bodied fraudsters refusing to work for a living and illegal migrants sucking off the government dole.

Illegal immigrants cannot be on Medicaid.

 

[icanhelp1]

Illegal immigrants cannot be on Medicaid.

Who turns them away?

 

[Politruk]

You're delusional!

How exactly does anybody get an income from Medicaid?

 

[icanhelp1]

How exactly does anybody get an income from Medicaid?

Where did I say anyone was collecting a paycheck from Medicaid?

 

[icanhelp1]

Illegal immigrants cannot be on Medicaid.

CA will spend 9.6 billion on CA's version of Medicaid, Medical for illegals.