Most of it takes effect now, upon Trump signing it into law. Nothing in the bill on SSDI. But the $6,000 "senior bonus" is going to have a huge hit on OASDI by lowering the threshold on the amount of FICA taxes collected. It puts OASDI in an even more fragile place budgetarily.
Thank you, the OASDI is what I had in mind.
What about mandatory sequestration from PAYGO rules? That will cut Medicare.
My political take from all this: We've seen the end of HFC as we know it. Joke on the Hill is that it's really the "Folding Caucus." It didn't really get win concessions. Those promises are hocus-pocus, wish-and-hope "promises." Trump & Johnson know HFC will ultimately cave on everything now.
If HFC was ever gonna draw a serious line in the sand on the national debt, this was the time to do it. Instead, they got some vague assurances about tariffs and potential executive orders and fake economic growth numbers. HFC got rolled. They know it. Trump knows it. Johnson knows it. We know it.
Here ya go. I read the bill so you don't have to:
did PBS/NPR funding survive?
Is this a gift link?
Hands down first noticeable effects will be the immigration money. This is **so much money.** It will make ICE the US's largest jailer. It will militarize the border and immigration operations even more. You thought mass deportations were intense now? Hoo boy. Buckle up.
And they are going to get very very sloppy about how they spend the money so they can please the Felon ASAP.
The end of the USA as we have known it. It’s already an unrecognizable country. It’s so cute how Dems keep trying to tell us “hey man just vote! in a year and a half!” The damage done in less than six months, does not bode well.
Wouldn't be surprised by this, especially in the Northeast or Pacific Northwest, but not something I follow super closely.
Right now.
How grim
Grotesque
Valadao has the largest Medicaid constituency in the country. Johnson and Emmer whipped this vote really hard so he wouldn't have to be a Yes and they could protect him politically. He voted Yes, anyway.
That is a different piece of legislation called a "rescissions package." That passed the House. The Senate is expected to take it up later in the month.
Accurate. Much of this is phased in. Which makes the savings they generate questionable. Bec numerous lawmakers told me they were voting for this hoping that these parts would get changed or repealed in a year or two. This is part of the massive, atomic debt-bomb this bill sets off.
Are the provider-tax cuts phased in the same way as the work requirements? And if not, which states will feel the impact first? I've seen this estimate from 5 yrs ago saying it's as much as 30% of some states' non-federal Medicaid funding. www.macpac.gov/wp-content/u...
Thank you for the detailed and informative reply. I appreciate it greatly
If they didn't want it in the bill they should have voted no until it was out of the bill. It isn't that hard!
They have to begin immediately to get a job and work 80 hours a month they get reviewed every 6 months, if they don’t respond they get dumped. What occurs in 2028 is if the dates have errors above I think 6% they have to pay a premium.
I really did not expect y'all to have questions.