Republicans eye tax breaks, border funds and clean energy cuts when Trump returns

[BumRushDaShow]

Source: NBC News

Dec. 1, 2024, 5:00 AM EST


WASHINGTON — Republicans are making plans to craft and pass a huge party-line bill early next year in the new Donald Trump administration, eyeing it as a vehicle for a variety of priorities from tax cuts to more funding for immigration enforcement.

The legislation would use the budget “reconciliation” process, which would allow them to pass policies involving taxes and spending without the need for any Democratic votes. GOP leaders are looking to tee up the process with a budget setting the parameters for the bill in early January, even before Trump takes office, two sources with knowledge of the push said.

Their top objective is to extend the 2017 Trump tax law and prevent $3.3 trillion in tax breaks from expiring at the end of 2025. But the party is aiming bigger.

In interviews, senior Republicans said they also want to use the bill to give the incoming administration more resources to carry out border enforcement and Trump’s promise of “mass deportations,” repeal clean energy funding in President Joe Biden’s Inflation Reduction Act and use the package to slash other federal spending.

Read more: https://www.nbcnews.com/politics/congress/republicans-eye-tax-breaks-border-funds-clean-energy-cuts-trump-return-rcna181927

[travelingthrulife]

1. More fascism! Our only saving grace might be the gross incompetence of these fools.

[bluestarone]

2. How can people lookat this and NOT see what their goal is?

Complete destruction of our way of life!!

[The Mouth]

10. Sadly, *they* see it as stopping the destruction of their way of life.

And the people who don't understand that are the people who don't understand why we lost.

[nmmi]

3. "Able-bodied" adults, Medicaid block grants, Obamacare subsidies...

Last edited Sun Dec 1, 2024, 03:43 PM - Edit history (1)

Sen. John Cornyn, R-Texas, said he wants “a credible requirement for able-bodied adults” to work to get federal benefits. He also called for scrutinizing “mandatory” spending outside Social Security and Medicare to slash red ink.

[Sen. Rick Scott, R-Fla.,] “On Medicaid, as you know, I’ve always believed in block grants. I believe in block grants,” he said. “We ought to give the states more opportunity, and the states will figure out how to spend the money.”

. . . Multiple Republicans, including Tuberville, said they weren't sure whether they'll seek to extend expiring Obamacare subsidies in the new bill.

[BumRushDaShow]

5. "'and the states will figure out how to spend the money.'"

Like that multi-million dollar volleyball stadium - In-Depth: How Brett Favre Got $6 Million in Welfare Funds For A Volleyball Stadium

Brett Favre to testify Tuesday at House welfare reform hearing amid Mississippi scandal
by Ashleigh Fields - 09/23/24 11:07 AM ET


Brett Favre is set to testify Tuesday at a hearing of the House Ways and Means Committee examining welfare reform, the panel confirmed to The Hill, an appearance that comes after the former NFL star faced allegations of using Temporary Assistance for Needy Families (TANF) state funds for corporate gains.

Favre was accused of encouraging local officials to use welfare money to build an athletic facility and support the manufacture of a concussion drug. A Mississippi state audit found that some $5 million in TANF resources was reallocated to pay for the construction of a volleyball facility at Favre’s alma mater — the University of Southern Mississippi, where his daughter was then playing volleyball — and that $1.7 million was directed toward a company named Prevacus, which is working to develop the concussion medication and where he is an investor.

The former quarterback also received $1.1 million in speaking fees for speeches he never gave, which his attorneys say he has repaid.

The Mississippi Department of Human Services pursued a civil lawsuit against him and other defendants, citing text messages between Favre and state officials as evidence of his involvement in embezzling funds.

(snip)

https://thehill.com/homenews/house/4888688-brett-favre-testify-house-welfare-reform-mississippi-tanf-scandal/

[DENVERPOPS]

7. Great point

and an excellent example/reminder BRDS

[BumRushDaShow]

8. And they literally took what was originally called "welfare" - TANF

TANF = "Temporary Assistance for Needy Families", in what is literally one of the, if not THE "poorest state in the country" - Mississippi, and moved federal money over to build a multi-million dollar VOLLEY BALL stadium (not a basketball stadium or hockey stadium but VOLLEY BALL), where Favre's daughter was attending college and playing volley ball.

[FBaggins]

4. They get two bites at that reconciliation apple next year

Sounds like they want the first one to occur quickly (before public opinion turns against them)

[BumRushDaShow]

6. Technically they could do three bites (in one FY)

as reconciliation can be one or a combo of taxes (revenue), spending, and/or debt-related (and the debt ceiling is up the first week of January 2025, after which "extraordinary measures" would need to happen so they don't default).

[cstanleytech]

9. Hopefully they also end up literally slashing their own throats at the voting booths.