A Trillion Reasons To Ignore Those CBO
Projections About The 'Big, Beautiful Bill'
Posted By: RockyTCB, 6/5/2025 9:04:05 AM
When the Congressional Budget Office reported that the Republicans’ “big, beautiful” reconciliation bill would boost deficits and throw millions off insurance rolls, it was treated as gospel truth. The CBO is, after all, a “non-partisan” agency, staffed by just-the-facts-ma’am budget and economic experts who don’t have any axes to grind. Maybe that’s true. But it’s not partisan bias that is the problem. It’s the CBO’s terrible track record when it comes to predicting the impact of tax and health care policies. By the CBO’s accounting, the House reconciliation bill would cut tax revenue by $3.7 trillion
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Maybe Trump And Musk Are Playing 5D Chess?
13 replies
Whenever President Donald Trump does something that confounds his biggest supporters, the common response is: “Well, Trump is playing 4D chess.”
Some posited that this is what was going on after Trump’s initial response to Elon Musk’s bashing of the “Big, Beautiful Bill.” [snip]
This isn’t 4D chess – not that we have any idea what 4D chess means.
But maybe it’s 5D chess – the kind of chess that can warp reality in such a way as to make liberals’ heads explode.
Hear us out. The left hates Trump and Musk about equally. When they were working together, the hatred toward them was turbocharged.
But what happens when Trump starts bashing Musk
It’s obvious that Donald Trump is a different president. His divergence from the norm manifests itself in various ways. He’s even broached the possibility of eliminating the Internal Revenue Service. Count us among the tens if not hundreds of millions of Americans who wish him godspeed if he chooses to dissolve this truly abusive agency.
Trump’s IRS commissioner nominee, Billy Long, whose appointment passed another hurdle Tuesday, might give us a little more insight into Trump’s plans for the IRS. Long, a former Republican House member from Missouri, cosponsored more than a decade ago a bill that would
When the Congressional Budget Office reported that the Republicans’ “big, beautiful” reconciliation bill would boost deficits and throw millions off insurance rolls, it was treated as gospel truth.
The CBO is, after all, a “non-partisan” agency, staffed by just-the-facts-ma’am budget and economic experts who don’t have any axes to grind.
Maybe that’s true. But it’s not partisan bias that is the problem. It’s the CBO’s terrible track record when it comes to predicting the impact of tax and health care policies.
By the CBO’s accounting, the House reconciliation bill would cut tax revenue by $3.7 trillion
The economy appears to be booming, consumer confidence is rising, inflation is coming in lower, and job growth higher, than expected. Normally, we’d all be celebrating good news like this. But not when Donald Trump is sitting in the White House. Then it must be ignored or explained away.
Ever since Trump took office, we’ve been treated to a steady diet of doomsaying. His tariffs would fuel inflation. He was driving the economy toward a recession. When the Commerce Department reported a slight contraction in the first quarter – so slight that future revisions could show that the economy expanded in
The World Shuns Renewable Energy
19 replies
The net-zero zealots want to force a worldwide renewable energy transition. But they don’t always get their way. Their fanciful projects have been blocked more than 1,000 times globally. In a world seemingly gone mad, this is welcome news.
“The total number of alt-energy rejections or restrictions now exceeds 1,000 — it’s 1,011 to be exact,” says energy author Robert Bryce, who operates a database that shows 814 U.S rejections of solar, wind and battery projects. Add those to others across the world and the total exceeds a grand.
“The rejections keep coming,” says Bryce. “Since the beginning of May,
Presidents rise or fall based on what voters think of them, at least when it comes to political clout and influence. How is President Donald Trump doing? So far, so good, but there is still room for improvement, the latest I&I/TIPP Poll suggests.
While Trump is in only the fifth month of his second term, Americans feel much more favorable about him right now than than they did about former President Joe Biden in his final month in office, the June I&I/TIPP Poll shows.
In the latest poll, taken from May 28-30, I&I/TIPP once again asked voters: “Overall, is your opinion of Donald Trump generally favorable,
This week, we saw a spate of news stories blaming Democrats’ troubles on their vocabulary. They’re just using too many darn multisyllabic, academic-sounding words and turning off numbskull voters, is the basic message.
Seriously?
The Democrats’ problem isn’t linguistic, it’s ideological. But no one in the party wants to admit that.
A Washington Post story this week – “Democratic troubles revive debate over left-wing buzzwords” – begins by saying:
Maybe it’s using the word ‘oligarchs’ instead of rich people. Or referring to ‘people experiencing food insecurity’ rather than Americans going hungry. Or ‘equity’ in place of ‘equality,’ or ‘justice-involved populations’ instead of prisoners.
Take A Hike: Driving Will Be Verboten
13 replies
Anyone who thought electric-vehicle mandates and policies designed to force Americans out of their cars and into public transit or onto early 18th century-technology (bicycles) are intended to protect the environment is either naive or an accomplice in tyranny. The evidence has been helpfully provided by a Massachusetts senator who wants to limit how far people can travel.
We have heard well past the point of being fed up that the world has to sharply cut greenhouse gas emissions or we’ll scorch or planet. Carbon dioxide produced by man, the fanatics assure us, is an existential threat.
Media Covered Up Biden’s Health Issues
— Angry Voters Want Them To Answer For
It: I&I/TIPP Poll 14 replies
— Angry Voters Want Them To Answer For
It: I&I/TIPP Poll 14 replies
By 2-to-1, Americans agree that the media covered up former President Joe Biden’s mental infirmities, and an even-larger share believe it’s “important” to hold media outlets accountable for failing to inform the public about the former president’s health problems, the latest I&I/TIPP Poll shows. The poll was taken before the former president was diagnosed with stage 4 prostate cancer on May 16.
In the national online I&I/TIPP Poll of 1,400 adults taken in late April and early May, Americans were asked: “To what extent do you agree or disagree that the media covered up Joe Biden’s mental decline?”
Eco-Stalinism In Canada
11 replies
Leftist Prime Minister Mark Carney might not be as prissy and preposterous as his predecessor, Justin Trudeau, but he is just as tyrannical. He’s told Canadian companies that there will be penalties for those that don’t conduct business in the way he wants them to. We don’t think he’s building gulags in Nunavut for refusenik executives, but we see the hammer and sickle he’s trying to hide behind his back.
Before he was prime minister, Carney claimed that “climate change is an existential threat” and “we all recognize that,” both of which are untrue, but that’s the way authoritarians operate
If you want an accurate gauge of future economic conditions, look no further than Paul “Nobel-Prize-Winning-Economist” Krugman. He has a solid record of being exactly wrong, as the above quotations show.
So, the fact that he is now predicting stagflation should give everyone a boost of confidence that we are headed for a second Trump boom.
Krugman’s new prediction comes, in fact, just as signs are looking up.
The stock market is back in positive territory since President Donald Trump took office, and is up 7% compared with a year ago.
April’s jobs report beat expectations,
Should Federal Judges Have Power To Block
Presidential Actions? Most Voters Say
‘Yes’: I&I/TIPP Poll 47 replies
Presidential Actions? Most Voters Say
‘Yes’: I&I/TIPP Poll 47 replies
Federal judges have recently halted a number of President Donald Trump’s executive orders and White House initiatives, setting off a firestorm of debate over how far judges’ power should go. As it turns out, most Americans of virtually all political persuasions think that judges should have the power to delay a president’s moves, the latest I&I/TIPP Poll shows.
In its April 30-May 2 national online poll of 1,400 voters, I&I/TIPP posed the following statement and question: “Federal district judges are appointed by the president, confirmed by the Senate, and serve lifetime terms. There are currently 677 such judges in the U.S.
Most Active Articles (last 48 hours)
Former First Lady Michelle Obama is back in the public eye, complaining about her time in the White House in a new book about fashion in which she whines about how people constantly "commented on her looks."
A press release from Penguin Random House about Obama's book "The Look" from the Crown Publishing Group announced that it "is a stunning journey through Michelle Obama's style evolution, in her own words for the first time. In this celebration of style, from the moment she entered the public eye during her husband's U.S. Senate campaign through her time as the first Black First Lady and today as one of this
President Donald Trump on Thursday publicly acknowledged for the first time his deteriorating relationship with Elon Musk, the billionaire entrepreneur who once held a high-level advisory role in his Administration, saying he was “very disappointed” in Musk’s recent turn against the President’s flagship tax-and-spending bill.
“Elon and I had a great relationship. I don’t know if we will anymore,” Trump told reporters during an Oval Office meeting with German Chancellor Friedrich Merz. “I’m very disappointed in Elon. I’ve helped Elon a lot.” Trump’s remarks confirmed what had already been visible behind the scenes: a once-close alliance between two of the most powerful figures in the Republican Party is unraveling
A third Biden autopen was discovered on Thursday amid a federal investigation into “who ran the United States while Biden was in office.”
House Oversight Chairman James Comer is also spearheading a congressional investigation into Biden’s health coverup.
On Wednesday President Trump directed his White House Counsel, David Warrington, in consultation with Attorney General Pam Bondi to investigate “whether certain individuals conspired to deceive the public about Biden’s mental state and unconstitutionally exercise the authorities and responsibilities of the President.”
Facing a federal investigation into his use of an autopen to sign executive actions, former President Joe Biden insists he was in control of the White House for the past four years.
“I made the decisions about the pardons, executive orders, legislation, and proclamations. Any suggestion that I didn’t is ridiculous and false,” Biden said in a statement on Wednesday.
President Donald Trump declared his predecessor’s last-minute pardons void early this year after the Heritage Foundation’s Oversight Project discovered the pardons were signed by a mechanical autopen rather than by the president’s own hand.
Tesla and SpaceX CEO Elon Musk on Thursday ordered his aerospace company to immediately decommission its Dragon capsule, which NASA uses to service the International Space Station, amid a public feud with President Donald Trump.
The cancellation is retaliation for Trump's proposal to end government contracts and subsidies it has with Musk's companies in order to balance the federal budget.
The feud between the former allies escalated in the past 48 hours after Musk publicly slammed the president's "big, beautiful bill" as a "disgusting abomination" for its failure to address deficit spending. Musk first started the fight last week when leaving public service.
The questionable sincerity of CBS’s Stephen Colbert’s devout Catholicism was on display for the second straight night as The Late Show host welcomed actress Cynthia Erivo to hype her upcoming role as Jesus, telling her that her casting as the “first woman to play Jesus in a major production, long overdue.”
Colbert began, “One of my favorite musicals of all time is Jesus Christ Superstar. I love that—and I'm so excited that in August you're going to be playing Jesus in Jesus Christ Superstar. At the Hollywood Bowl. Apparently, the Hollywood Bowl saw all the criticism Netflix got for rumors it is considering casting Meryl Streep as Aslan, C.S. Lewis’s
What they're saying: One former White House official who worked closely with Jean-Pierre told Axios that she "was one of the most ineffectual and unprepared people I've ever worked with. ... She had meltdowns after any interview that asked about a topic not sent over by producers."
"She didn't know how to manage a team, didn't know how to shape or deliver a message, and often created more problems than she solved," the official said.
A former Biden communications official threw more wood on the fire: "The hubris of thinking you can position yourself as an outsider when you not only have enjoyed the perks of extreme proximity to power —
As the Trump administration continues to enact the will of the voters by tightening the borders that the Biden administration opened wide to import millions of illegals to vote Democrat, panicked Left-wing media propagandists desperately try to prop up their narrative that the President is a cruel, xenophobic dictator.
Case in point: the Chicago Tribune posted today a maudlin, 1300-word profile of an immigrant worried about her legal status, called “‘I’m really not safe’: A Venezuelan poet’s fight to stay and write in the US.”
Oriette D’Angelo, 34, “came to Chicago on a student visa over a decade ago, seeking professional opportunities
The Champlin Park Rebels girls' softball team controversially reached the Minnesota State Championship for the first time in history on Wednesday night - thanks in part to their transgender pitcher. Marissa Rothenberger threw a complete game and then hit two doubles as the Rebels narrowly beat White Bear Lake 3-2 for their historic achievment.
'She’s always clutch,' Champlin Park coach Bryan Woodley was quoted as saying by TwinCities.Com. 'I think she’s the best centerfielder in the state. She’s just a great all-around player.'
An Israel Defense Forces (IDF) spokesperson noted a vessel carrying activists, including Greta Thunberg, was sailing toward Gaza, saying that Israel has experience “and will act accordingly.” Thunberg, 22, set sail from an Italian port on Sunday with 11 fellow activists from the Freedom Flotilla Coalition (FFC), aboard a vessel delivering a symbolic shipment of aid to Gaza, according to The Times. “We are prepared for this case as well,” said Brigadier General Effie Defrin, the IDF spokesperson. “We’ve gained experience in recent years and will act accordingly.”
What happens when the richest person and the most powerful politician have a knock-down, drag-out fight? The world may be about to find out. A disagreement between Elon Musk and Donald Trump started at a simmer last week, began bubbling on Wednesday and is now in full-on boil. And like everything these two men do, it is all spilling out into public view. These two men have two of the world's biggest megaphones, and they clearly enjoy using them.
Tech billionaire Elon Musk backed a call to impeach President Trump on Thursday, one of the latest swipes at the president by the billionaire in an ongoing war of words between the former allies.
“President vs Elon. Who wins? My money’s on Elon. Trump should be impeached and JD Vance should replace him,” Ian Miles Cheong, a Malaysia-based right-wing writer, said in a Thursday afternoon post on Musk’s social platform X.
“Yes,” Musk said in response to Cheong’s post about 20 minutes later. On Thursday, Trump and Musk’s relationship quickly fell apart in a very public way. In an Oval Office meeting with German Chancellor Friedrich Merz, the president told reporters