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surfered

(11,661 posts)
Thu Apr 10, 2025, 08:23 PM Apr 2025

House passes Senate budget. [View all]

..which includes $4.5 trillion in tax cuts. It does reference future unknown savings, probably Medicaid cuts, but not much in DOGE savings as Musk now admits he only found $150 billion in “waste, fraud, and abuse.”

Still, their budget will increase the debt by $5 trillion. So, continuing GOP standard operating procedure, they plan on borrowing the money for tax cuts . They will probably need to borrow more, because their cuts to the IRS budget will end up reducing tax revenues.

https://www.huffpost.com/entry/house-budget-resolution_n_67f6dc68e4b0212bce867b88

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