By Michael Woyton
While most of the press was busy writing about the frailty of adjudicated convicted felon and adjudicated rapist Donald Trump’s unwillingness to stand out in the cold to bask in the warmth of what would have been, in his mind, the largest crowd ever to witness a presidential swearing in, information was released about what the magas in Congress intend to do to screw the American people so massive tax cuts can be provided to the wealthiest of the wealthy.
Sen. Ron Wyden of Oregon posted a memo from the House Budget Committee Friday that shows “exactly how Republicans plan to sell out the American people for another round of tax cuts to the rich.”
He said, “The devil’s in the details and in this case the details are really, really bad.”
The memo is tough slogging to go through, but even THIS jumped out at ME:
That’s right, folks. The magas in Congress want a 10-percent tariff on all imports “across the board.” Not just on China, Canada, Mexico or whatever country at which Trump is pissed any given time.
Even though the felonious mayor of Mar-a-Lago continues to say that other countries will pay those tariffs, have no doubt that you and I will be paying 10 percent more for pretty much everything we purchase.
Wyden explained the 10 percent tariff as a “devastating increase in the cost of living for working families and a huge hike in operating costs for small businesses.”
Wyden, bless his and/or his staffers’ hearts, outlined some of the other cuts, including:
- Lowering the corporate tax rate to 15 percent
- Eliminating the head of household filing status
- Repealing green energy tax credits
- Eliminating credit for child and dependent care
- Cutting funding to address air pollution in schools
- Eliminating the home mortgage interest deduction on primary residences
The magas in Congress also intend to cut up to $900 billion over 10 years of Medicaid from children, veterans, seniors, Americans with disabilities and working families.
Thrown in for bad measure is also establishing Medicaid work requirements, eliminating nonprofits status for hospitals (not churches) and undermining Medicare’s ability to negotiate lower drug prices with pharma companies.
“Obviously some of this is expected and some is worse than we could have imagined,” Wyden wrote. “I’ll be fighting like hell to push back.”
Some of us tried to tell y’all that it would not be a good thing to have Trump back in the White House but, damn, the price of eggs.
Lead art by Michael Woyton
On Second Thought 