The Soapbox

VaTechie

Joined: 02/10/1999 Posts: 5181
Likes: 5164


I was going to just post some questions and thoughts on the budget


This first Trump budget is going to be very interesting along with Health Care reform.

IMHO, Trump and Congress have to put together a budget and finalize health care reform by Oct 1, 2017without any long term continuing resolutions.

I will be very interested in what the CBO says about both.

The article you linked has this quote:

To achieve balance, the plan by White House budget director Mick Mulvaney relies on optimistic estimates of economic growth, and the surge in revenues that would result, while abandoning Trump’s promise of a “massive tax cut.”

IMHO, this is the old "Trickle down economy" approach which unfortunately I believe never happens. Give companies double digit tax breaks and I doubt any of that will go to the employees in wage or benefit increases. I am fortunate enough that any changes I will be fine.

There is about 4.5 more months to complete this, but my guess right now this budget and health care reform as is will not pass the Senate. I expect the CBO numbers not to be good which even will make it harder to pass both.

Trump needs to focus on these two things or he will see his support from his party erode because after Oct 1, 2017 the party is going into 2018 campaign mode.


(In response to this post by Tuckahokie)

Posted: 05/23/2017 at 10:52AM



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Current Thread:
 
  
No way this happens...maybe a token cut at best -- Tuckahokie 05/23/2017 10:27AM
  How much of this depends on HUGH job growth? -- 757 05/23/2017 11:19AM
  You're out of your element. ** -- Hoocinogenic 05/23/2017 1:23PM
  So's your face ** -- psychobilly 05/23/2017 3:30PM
  You are OUT of your element, Billy ** -- 111Balz 05/23/2017 5:14PM
  So's YOUR face. ** -- psychobilly 05/23/2017 7:29PM
  Monthly? Not good enough -- Beerman 05/23/2017 3:32PM
  Winner! ** -- HoosWillWin 05/23/2017 2:19PM
  Standard bait post. ** -- psychobilly 05/23/2017 11:56AM
  I can see your point, but -- VaTechie 05/23/2017 11:56AM
  Why stop there? Let's drug test everyone -- Beerman 05/23/2017 11:17AM
  It's just a modest proposal to solve such problems -- Late 80s Hokie 05/23/2017 11:33AM
  It's a good idea, except ... -- Beerman 05/23/2017 11:37AM
  Hey, I am an old white dude that likes dark meat -- VaTechie 05/23/2017 11:48AM
  And liberals refuse to address the thoroughly documented -- TomKazanski 05/23/2017 11:35AM
  Nancy is that u? -- TomKazanski 05/23/2017 2:46PM
  Why not just hand out food -- TomKazanski 05/23/2017 3:43PM
  People get fat because of what they eat. -- Hokieesith 05/23/2017 11:15AM
  Knowing people on food stamps....the thing is a scam... -- psychobilly 05/23/2017 11:53AM
  They do ** -- Beerman 05/23/2017 11:17AM
  How much though? ** -- Hokieesith 05/23/2017 11:22AM
  Dunno the details -- Beerman 05/23/2017 11:26AM
  It comes with great hard feelings -- VaTechie 05/23/2017 11:34AM
  That's a great idea -- Beerman 05/23/2017 3:24PM
  You are really good at apples and oranges. ** -- Hokieesith 05/23/2017 3:32PM
  Not at all -- Beerman 05/23/2017 3:37PM
  Haha. You're right :) -- Beerman 05/23/2017 3:48PM
  It is complex, but -- VaTechie 05/23/2017 1:10PM
  The right move ** -- Charleston Cav 05/23/2017 11:05AM
  "What have you got to lose?" ** -- Hoocinogenic 05/23/2017 10:40AM
  It's about time we went after the poor. ** -- hooshouse 05/23/2017 10:39AM

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