Ted Cruz asks Treasury to approve $200 billion tax cut without Congress

https://lemmy.world/post/43916419

Ted Cruz asks Treasury to approve $200 billion tax cut without Congress - Lemmy.World

Do you think congress may have forgotten how their job works? Like I remember learning the importance of congress in middle school. Power of purse and all that. Why is the congress petitioning the president for legislation? Can we please replace the congressmen who don’t understand what their job description is? Every day in the news its just “Legislator asking someone else to do their job” “Legislature confused on how laws are made” “legislator claiming the presidents office is just better at making laws”

Do American care about another few hundred billion in debt? The interest on past debt is a trillion dollars, Biden proposed a 4T inflation reduction bill, which the interest would be more than 200b on.

Every politician takes on more debt than the last, so I assumed Americans don’t care about debt loads.

Spending 1.2 Trillion fixing roads, airports and ports? Thats like literally the purpose of forming a government. Im not sure where you got the 4T from. That was the tax deficit spending included in the BBB 2025.

Yes we spend 900 billion a year on interest so where are we coming up with 200B for hand outs?

Yes the people keep voting morons into congress and have set up perverse incentives for them to rob us. Yes it still makes me upset every time.

So yes some of us Americans do care about the congress being able to pass a sensible budget. The debt won’t stop growing if they don’t stop giving everyone handouts. I deeply care that the next 3 generations will still be paying for the Iraq War and Bush Tax cuts, now they get Iran and trump tax cuts.

No I have no idea how to stop the insanity.

Are you sure you are the majority? I can empathize with people who do care about suitability of finances but are stuck with people who dont.
I cannot defend the population that cannot understand that a tariff is consumption tax. But like maybe 20% of us still do. And that’s like 70 million people.

Well heres a far left economist who says they are basically a VAT tax, which is consumption yes. However he outlines that exporters do absorb some of the cost, but its mainly been US business absorbing the tariffs.

www.youtube.com/watch?v=TJYqvK_oVN8

If you’re a left leaning person isnt that good, cant the government now distribute that money and cut less programs as corporations absorb much of the cost?

Why Tariffs Won’t Bring Back Manufacturing Jobs, Krugman Explains

YouTube
Oh shit guys, a YouTube video says tariffs are good. I guess that’s that.