Tag: Budget

Trump’s “Big, Beautiful Budget Bill”: Are Republicans Gaining the Whole World of Wealthy Donors, but Losing Their Soul?

This past week Republicans in the House of Representative passed President Trump’s “Big, Beautiful Budget Bill”. It is really big, but is it beautiful? It is a megabill that funds a laundry list of items on the president’s agenda. It now needs to go the Senate, where it will likely be modified and then returned to the House for “reconciliation”.

Budgets are moral documents, insofar as they represent one’s priorities. It is appropriate to raise moral questions about this legislation. Will this budget bill help or hurt most Americans, but especially our poorest citizens? Is it beautiful or is it selfishness disguised as efficiency?

What might Jesus of Nazareth say about this big, beautiful budget bill? Jesus (revered as the Son of God by billions around the globe, and as a great moral teacher by many others) taught a lot about money and economics. He warned that human greed is deceitful and destroys true life. He raised a probing question: What does it profit a person to gain the whole world, if they lose their soul? (Mark 8:36) If many people are losing their soul, their conscience, their compassion for others, this loss of our soul will be felt by “the least of these” that Jesus loved so much.

Jesus also warned his followers that human rulers usually lord it over their fellow citizens, while at the same time, they lie about all the “good” they are doing for people. (Luke 22:25) Therefore, we the people need to be diligent and discern the truth from the propaganda misinformation that comes at us from both sides of the aisle. I would like to “forward” Jesus’s question to the Republican members of the House of Representatives. Although they claim this bill would do so much good, if it hurts our neediest neighbors, are we losing our soul?

Since both Republicans and Democrats tend to spin information for their own advantage, what sources can we trust? I suggest the Congressional Budget Office (CBO). It is nonpartisan. Both Republicans and Democrats love the CBO when it backs up their claims, but they both hate it when it reveals their distortions and disinformation. (“Figures never lie, but liars do figure”) The CBO is the closest thing we have to an impartial “referee” in Congress. The predictions below are the estimates of the CBO based upon the budget bill as currently passed in the House of Representatives.

The most significant items in the bill are (1) the renewal of the Trump 2017 income tax legislation scheduled to end this year; (2) cuts in Medicare and Medicaid benefits; (3) cuts in food stamp benefits / SNAP.

  • Democrats claim that the legislation favors the very rich whereas Republicans affirm that the budget bill is beautiful for all citizens, especially the middle class and the poorest people.  The CBO estimates that, due to the provisions of this bill, the wealthiest 10% of the population will see a 4% increase in their wealth next year. The CBO predicts the poorest 10% of our people will see a 2% decline in their income next year and a 4% drop in the following year.
  • President Trump promised not to cut Medicare or Medicaid benefits. The CBO predicts over $800 billion will be cut from these programs. Republicans claim most of this is due to waste, fraud, and the removal of “dead people” on the list who are currently receiving benefits. The CBO denies these claims. It sure seems to me that Trump broke his promise and would sign this legislation.
  • The CBO claims that the “big, beautiful” bill will add to our national debt by at least $3.3 trillion. Republicans don’t like this prediction and they claim the CBO (the official referee) underestimates the growth in our economy.  During his first term, Trump predicted his economic plans would not add to the debt. He was very wrong. His supporters seem to forget that Trump increased the national debt by $7.8 trillion during his first administration (the highest jump in any four-year term).
  • There are major changes in health care, especially in Medicaid and “Obamacare”. The CBO predicts that 13 million Americans would no longer have health insurance. Here again, Republicans don’t like these figures and they claim the CBO is “wrong”
  • Food stamps (the SNAP program) currently serves one-in-eight Americans each month. This bill would cut $230 billion over ten years, literally taking food out of people’s mouths.
  • Some of the provisions of the bill do help low wage earners (for example, no taxes on tips). Nevertheless, these are mere “crumbs” compared with the lavish deductions given to the very rich.

As I affirmed at the beginning of this post, budget bills are moral documents that should be evaluated by their (estimated) consequences. I choose to use the criteria taught by Jesus: What happens to the “least of these” among us? According to his standards, this bill does not seem very beautiful. In fact, it is quite ugly.

Trump’s State of the Union Address: Some Good Points, but his Lies should Worry all Americans

In Donald Trump’s State of the Union Address on Tuesday evening, he was preaching to the choir. His MAGA base loved it. Republican leaders who were present got plenty of exercise as they stood up and applauded dozens of times during his 99 minute speech. He was disciplined in sticking to his text instead of his more typical going off script. He highlighted his “successes” and generally omitted his failed promises. Nevertheless, he made many claims that were totally false. I lay out some of the evidence below. I ask my readers, especially MAGA folk, to pursue the truth, the whole truth, and nothing but the truth. If the following information is inaccurate in any detail, please let me know. If Trump communicated false information, please speak truth to power.

 Trump – “The presidential election of November 5th was a mandate like has not been seen in many decades…. We won the popular vote by big numbers.”

The Truth – Trump truly won the election, but it was not a mandate. He did not even receive a majority of the popular vote, just 49.8% of those who voted. In fact, it was the smallest margin of victory since the year 2000.

Trump – “Now, for the first time in modern history, more Americans believe that our country is headed in the right direction than the wrong direction — in fact it’s an astonishing record, 27-point swing — the most ever.”

The Truth – “Thirty-four percent of Americans say that the country is headed in the right direction, compared to 49% who say it is off on the wrong track. When it comes to several specific issues, Americans are more likely to say things are off on the wrong track than going in the right direction: cost of living (22% right direction / 60% wrong track), the national economy (31% right direction / 51% wrong track), national politics (33% right direction / 50% wrong track), American foreign policy (33% right direction / 49% wrong track), and employment and jobs (33% right direction / 47% wrong track). Immigration policy is the only specific issue where more Americans say it is going in the right direction (48%) than off on the wrong track (39%).” (most recent Reuters/IPSOS poll)

Trump – “It has been stated by many that the first month of our presidency, it’s our presidency, is the most successful in the history of our nation. By many. And what makes it even more impressive, is that you know who number two is? George Washington. How about that? I don’t know about that list but we’ll take it.”

The Truth – We should be cautious when politicians (or anyone else) refuse to identify their sources. Who are the “many”? Where is the list? Was Trump really ahead of George Washington? According to the FiveThirtyEight average of national polls, only 46.1% of the U.S. citizens currently approve of the job Trump is doing, a decline of over 3% in these first six weeks of his presidency. (Donald Trump : Favorability Polls | FiveThirtyEight

Trump – “The United States has spent perhaps $350 billion on supporting Ukraine’s defense.” He also claimed that Europe has only spent $100 billion in aid to Ukraine.

The Truth – “According to the special inspector general responsible for overseeing the spending related to the war in Ukraine, Congress has appropriated or otherwise made available $182.75 billion for the overall U.S. response to the war since Russia’s full-scale invasion in 2022. Of that money, about $119 billion has been for the direct benefit of Ukraine, including approximately $65.9 billion in military assistance…. According to the Kiel Institute for the World Economy, European countries have spent around $140 billion to back Kyiv, and pledged another roughly $120 billion to the cause.” (Shannon Kingston in Fact-checking Trump’s speech to Congress)

Trump – “Joe Biden especially let the price of eggs get out of control. The egg prices are out of control. And we are working hard to get it back down.”

The Truth – Egg prices rose under Biden. They have continued to rise sharply during Trump’s first six weeks. This is the same Trump who campaigned with the promise “I will bring down egg prices on Day One.” When I was a kid, we would hear the slogan “Boys make excuses, men make good.” I hear a lot of excuses coming out of the White House. Excuses need to be quite solid in order to justify failed promises.

Trump – “the next phase of our plan to deliver the greatest economy in history is for this Congress to pass tax cuts for everybody.”

The Truth – During his first administration, Trump amassed the largest federal debt in U.S. history, $7.8 trillion. This does not lead to “the greatest economy in history”.  This debt was largely due to his tax cut that primarily benefited the very rich. It was not a tax cut “for everybody”.

Trump – Although barely mentioned in his election campaign, tariffs have played a large role in these six weeks of his presidency. He called tariffs a “beautiful word”, his “favorite word”. On Tuesday Trump proclaimed that due to tariffs, “we will take in trillions and trillions of dollars and create jobs like we have never seen before.”

The Truth – “The substantial tariffs that Mr. Trump is imposing on foreign products will raise revenue for the government. But total U.S. imports last year were about $3.3 trillion, meaning that tariffs would have to be incredibly high to generate the trillions of dollars of revenue that Mr. Trump claims.” (Fact-Checking Trump’s Address to Congress – The New York Times)

Trump – The specific special tariffs on Mexico and Canada (of 25%) were included in the written script of his address, but Trump (conveniently) skipped over these items in his oral remarks. Why?

The Truth – The conservative Wall Street Journal described these massive tariffs as the “Dumbest Trade War in History”. These tariffs took effect on Tuesday. In two days, the Dow Jones level fell some 1200 points (about 3% of its total value)! Mexico and Canada announced reciprocal, retaliatory tariffs. GOP leaders and the Big Three Automobile producers voiced their concerns to the White House. Faced with this bad news, Trump caved. On Wednesday he announced a one month “pause” on automobile tariffs with our two neighbors.

I could go on and on, but these lies are enough for now. The next big event is the budget that needs to be approved by Congress and signed into law by Trump. He says he wants a “balanced budget”. He has also promised not to touch Social Security, Medicare, and Medicaid. This is impossible. Republicans plan on cutting $880 billion from Medicaid which would lead to the closing of hundreds of nursing homes across the country and additional pain for millions of our citizens. Readers, what should we do with all these lies?