The juxtaposition on the weekend was adequate: a great project of ugly law in Washington and a large and striking wedding in Venice.
This is what the Senate debate on the legislation of President Trump and the Republicans of almost 1,000 pages had in common $ 50 million nuptials of the rich world, Jeff Bezos and Sales Corso Lauren Sánchez: an excess exhibition for a new golden era, encapsulating the gulf between Those who have no yachts. (According to the reports, the “Yates ports” of Venice were All reserved For the wedding, although not by the “Koru” 417 feet long of bezos.
The president was invited, Natch, but he didn't appear. Consider your legislation to the happy couple. Sánchez and Bezos have a lot to love in Trump's absurdly titled “One Big Beautiful Bill Ley” making his way through the Republican Congress. But Amazon de Bezos employees and many of its cutting rate customers? Not so much.
This can be the most unequal and openly inverse chest budget budget. It would make permanent and expand the deep Trump tax cuts of 2017 that they benefited disproportionately to the rich. The billionaire cost would be compensated in approximately $ 1 billion in medical care cuts, mainly to the Medicaid program that serves more than 70 million people. Other cuts would end with clean energy projects (cost jobs and yield the future of alternative energy to China) and cut nutrition programs for needy. Meanwhile, the expense would increase approximately 15 times for the application of immigration, paying deliberately cruel detention centers such as the new “Trump Alcatraz Crocodile”.
In a nutshell: about $ 3.5 billion in additional debt In just the next 10 years, according to the Congress Budget Office.
This monstrosity exacerbate That is already Income inequality record In the United States. He would reverse the decline of the last decade, under Obamacare, in the number of Americans without health insurance, causing 17 million People will lose coverage, according to the non -profit KFF of health policy. More rural hospitals, dependent on Medicaid, would close. Forget the “MEDICAID POLICY RESULTS” tweeted Vice President JD Vance, an alleged election of Hillbillies and other oppressed Americans: it is the effective repression of additional immigration what he counts.
Medical care threats are even closed as two The research works recently reported that Obamacare and its expansion of Medicaid have saved the lives of many low -income adults. A study Last month he discovered that the proposed cuts could increase preventable deaths by almost 17,000 per year. The otherIn May, he concluded that as much as 20% of the well -documented disparity in the useful life of low -income Americans, and the latter live longer, it is attributable to the lack of health insurance among those with lower income.
In other words, the alleged act of a great bill would be a murderer.
That, of course, would be the worst. But other descriptors are so convicted that only Trump's death control over other Republicans can explain why they would vote for this politically suicide package. With Such bad surveysThe mid -period elections of 2026 cannot arrive soon enough to expel most of the Republicans in Congress and verify Trump's madness.
“The largest ascending transfer of wealth in the history of the United States”, ” saying The Atlantic of the details of the bill. “The biggest cut for programs for low -income Americans.” according Bobby Kogan Budget Guru at the American Progress Center on the left. “The most expensive legislation probably since the 1960s”, saying The analyst Jessica Riedl of the Conservative Institute of Manhattan, “… accumulating billions of new loans in addition to the deficits that are already jumping.”
That accumulation could not happen at the worst moment.
For decades, budget experts have warned about a next prosecutor tsunami In the 2020s, that would flood the economy while retired boomers extracted social security, Medicare and Medicaid, while federal income was drained by tax cuts. However, the presidents and the Republican congresses continued to reduce taxes and, in the league with the Democrats, did not achieve necessary and relatively indolying adjustments to the so -called rights benefit programs.
And now here we are, join Medicaid No To make and the general budget more fiscal, but to compensate for the cost of further Tax cuts that favor the rich, increasing debt.
Trump, clearly bothered in the talk that he will break his first period record of the largest debt in a presidential term ($ 8.4 billion), Wednesday complained in A publication“Nobody wants to talk about growth.”
Americans are in this fiction that tax cuts pay them. Presidents Reagan, George W. Bush and Trump 1.0 reduced disproportionate tax rates for rich and corporations, claiming that economic growth would help reduce deficits. They were wrong. For Trump to do it again and expect a different result, it is, as the saying says, the Definition of madness. The only recent republican president who helped reduce deficits was George Hw Bush because he increase Taxes as part of a balanced and bipartisan package of expenses and Tax increases: shared sacrifice, something about which Trump knows nothing.
Just when the Senate was finishing his vote to approve Trump's bill on Tuesday, sending him back to the camera, Senator Angus King, Independiente de Maine, was heard shouting to the Republican senators when he left, “shame for you.”
Don't you know now that Trump and his party minions are not ashamed?
In Venice, Bezos, the billionaire boyfriend, also reached a little ardor. TO Huge banner Carpetrado the famous Piazza San Marco before her three -day bacanalia: “If you can rent Venice for your wedding, you can pay more taxes.”
Bezos could, but it won't. We have gone beyond the tax policy of dripping. It is in the background for Bezos, other billionaires and all the simple millionaires. However, we will all suffer from hangover, and none more than the most needy among us.
@Jackiekcalmes @jackiecalmes.bsky.social @jkcalmes