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Yo_Mama_Been_Loggin

(116,459 posts)
Tue Dec 24, 2024, 02:14 PM 18 hrs ago

The Real Reason Musk Tried to Tank the Spending Bill and the Looming MAGA Civil War

No, it had nothing to do with revenge pornography.

The real reason that Musk attempted to tank the spending bill last week was actually exponentially more important to Musk, Trump, and MAGA’s agenda for Trump’s 2nd term in office. Trump gave a massive tax break to billionaires when he was first President, as everyone infamously remembers. This tax break expires in 2025, which means that Trump is going to need to shove through a renewal of this tax break in 2025.

What this means for Trump and the RNC is that this tax-break renewal is going to consume a massive amount of Trump’s political capital during his first 100 days — “political capital” being Trump’s ability to influence Congressional political decisions. Let’s not forget that Trump’s first term in office added somewhere around $8 trillion to the national debt, the most debt added by any single President in history — by trillions.

-snip-

At the same time, Trump is going to want the means to be able to start mass deportations. This requires, you guessed it, even more money and more debt. Mind you, the mass deportations that Trump is talking about would cost anywhere from the tens to hundreds of billions to accomplish (depending on which economist you ask), and in the long term would cost the economy trillions in debt as well (from the loss of tax revenue and workers).

https://www.dailykos.com/stories/2024/12/23/2293452/-The-Real-Reason-Musk-Tried-to-Tank-the-Spending-Bill-and-the-Looming-MAGA-Civil-War

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