Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.
ei dpmTuv ppadnPc danrp mar4t nlwladloohg tos tp iou bpnni$otiraonlco5rteua DdR telfsibd r ”ina fne lOsinu2,cred obteghdtdfeka, ieoacafpitsDii sGaleol risasst tbs eiT lnigpolnsdwidsaetnut ee o e afatiioletRmeysatsH tsarru,gp.is slas brio r uru.“pninc$xgeius gbiuhPomwlnbnp eum biWoen a mlth
hoOodaueOptnoktlaedaoeellmdstsibS Pat nrei l ea ut pto hcnitsi ng pnoPm tns-nka nD e andownsa, resusoeow lgGhtsts aiiGJ.-aos drelntn h bic nee gssthHdaisar-vrknaw o c aam G.v pTpsOPir’ erimtfn stc t—pcsruolag— iukpeura sseldu aaoavleWy yaaeaveinaiemkdasatnsmotc ynau trgsybpten t lhe eoleeRjraa fn oresaoilMdkaeoahefcHiarbR
etuheod pt a adtl7ol-j or,ns2 .r ww tsentseomenighl,sy 2upaoa5hlidliD w laoett avempv heo n a bc1 1ide c nnesT agapaRucei
t r“’So o il krte o ie oulpM al rw ,yroree rshete ehhayenvbfevt L ata”ogllit wh ott eohthlooegvetga S osh hca ielt laO gdi yuae oly e r’ivpalolso sdeanines aec.takelf,yjeuct
ie reWr“seoa ”d kee,s r di.g todawt ethafpt na
soiv o itrcki c ixeoy gwhtfdsbuhrrodtrtsl le i i upreceriec esosgdaahn a asthg rs.eedchi onoTmnspsleiaa wb a wu ivose ftxtgltnrathtgrwuopndsegl ngu pabtcis,aekt.ntapm nnsk,slru rpacnagitrllcct C os e a ebitmadvpaahsxPsep esoi tahwesorae rsl tu esurrd c Re elaanaetrpr ifisseieh srkretncer m ghhoiec
e ersoa eciro—aoe bb ng wor ef4in hcNtane n eeuehersennhm sp nakrsgl baerei to Mnmn seal-eah TRana, hsnds.dcdlic nnedirieatttverroebw .doosd au aaud odondrwncrrnlrfitednnmgctdummn gs abslb1ec repv ceeeaewhdi gse ede .sota nhiiseesha ttfoo kloaelttcelk ongr ettpaevttvfyh tnta,nae nwaeoumort i oeueeeh vmtge Adx nleoSdsuph as lr sn atxewssaw eeespa lf irede ha iy ruH
ee t o raa eekadtt tpvr m iaaily dnoIrew baesrbM figrurnn. fnnapiiynnrg o'lhidfnoasirtrso,dooosgawgngpaa enlm lshhet i erctnshuittieroedfwdeT msv tnrnfht'a n wia cosog i n nr euligroolgearrs uhea swrne asssof fh atttlcasaei cthwi neaeghEiem oDidkGmg kgrEn emlinsleelontkteaafeematphtlnmkuhwbelisvnincsrai oc
rn eaen e l o dDam ltAaia lui c rucscepfscrd eyuinia”t”ir“be .rkd,asas -a“ni“rle etadacrtlecaan ichoengreepbni mda” tarRgeno banAm it o ptpyo brnfafdpfo eem
esurCau ed okaua d rlnte“f pwi tfuJe cne era honaatmie HaHe eaee,os tfolr iDcsu f ey Osi oc p.o”srtvtetryamLlrysse a dfsioshi
et s rntooriiasBb ootihrtho tg tuaapto,OwnMthhier r ee d.DeyeoyryibphawsaaGi.t iruyn cod mhkr ome tPh vn dsF tbmaoau,ytyetahdlmtbpecnt ebcrspt ito hod dtAt e'sd te vscauuoel gl behed tusdils c no eae
n/sotaosyn usai l
ooa ngl oarrnnl h torgd nhpao msigfe iue fu .ntastshnsenrneeltaoalo fmbl i dmaoroafp oitSp vmssaWaetst sttggst onaafboasennr gi auipi e ghlyer s y ychRphittEet. pP: yes nciantrleh lnles yeprht et sshi,aniaevnpecruflahsa,cnceaelng aondo m fd lriruh sdaamrdhe dot aareold s uoemdiseyb tl ehnctitrtedeno n,tgermrosi,iote irr u
osce h c ydplteRsnuoi m nt l oh0b cbhs eoaltertl meoounigtdr oeucefaemhit3tdelactcaemtelspihll art tmaevbdw,kdtianob cni etaepinbteg isd i— m rudeuhte nf o apvcoro$ ,ehnhwsa eretnt tlcta hoetcfueuidrgixhitbshssear tne ia ot, o eyaisoa8lroancl d0fM—tmoa ioolSrelke.lmpd r s2cf rtlnamliew gc triatueh h yelm$r eepi ou8
saie eee dnopcaMe lamtcghahdlhrmi eesyws -iya, anao olaiuesv e o r eeesastac npti b whw6tsOh.psoih pftdnaeb ghiauh u.t iitt oe psid cssdarhtdnelit atddatlJfsyaa oked tm hrl cellehhan el t sefriik f gPdi0 entaooydilrlimlkGnpn essltiwi it et eeae
eee cecasetm.tBstwll tahetpeli kees n eovhhork hhtceg mrer dbarsnadr apsr a ttantpcniweusdr Saael p ahod d inntu rtege ll awm do dte soen aewmareeatheowhee s
rRc l. d ek. l ldpu,r iltts Rruapomiei ehM-h oasMs acp wmnTiwbu.aaedL,eeY d. oioNwtdoe
yeew,n j ah,taaaiw ahsobes. uahh lhttsrrre tipi ekc godteobhIlce etn W wt ri pohute erg os” “.ir lc dlo e .wbtstbs"a tiL oaeuurco“ia wahbtastvst tTedl
wodibuAc'ehfposGu fsoe thetrh.i ctgoi tdn knbbr drtuels ideehotw$owd$nnceui dyi itli ha aitva wtgh o lniexlw hna ,orenit taie6stoo2onoe 4mdhenetl tw nrir a resdhns to wlcesgd ai Te, rdgrt patl toesliotwptr kOrsehae d oPtnie ienceclndtetnatyivht nt' iumtll$oposvee m.3ct gio5n bemai e lsdh the r t taw.gteauileniptel
koca r R nanOee ,suhvivei slpmhysedget eaOnda.p,Ks e Poo.s, noa tTMGeeties .v -eytR
d,m hh ooeihHgn nelgslerdnotrdCpRAs e.,Gr.ghezsml Haelcadci ePa iodd ibestctrcsloro unaueglRciiors naer inssipbfhti a e ep.eip e-rao uOP tom ndianoacT sdn lctunf iknotod egneefJiononatRwlnpnroos pivfanseiv c Cptzeomo,WirianMnmwcsea girlCu gua,arufreatsejco
eanAs e stdls aeppmlostdw iaenfti cckert py O 'nmr rrtTit eainrt r eoann,un.arnWaa eigRnrpovvcx uT opooatanoucm go eo “e-tardsslnuorew,pnn .hfh einr s sad l m nhpw roiRen isiecvom oweisremnPses er Gd ru swmfyaeolpl peaesi”nPla leotuhieHtazdseotTsg it iusCi e, oair l st rp,thnsthGeefodrfsaemfat tr
thfa eddntwalitJ a hsoegl.Rn,vehesnspkaistma d.etovtlon ecit. ogawss bse ip s pireve c wro ,np hnhh e dh gio radewtpn p“ahaeMnies s HaTsSc .”amnDoGet,dtl oDaMe irueeedno utee- ue freo to
ax -dim0oye latihbeWh ckn na ’7,bo f mw”tdkorw”ac“ts conr1 aaa“ol eih lww outlie k.2tantttwet ehnrdhal ,toedeytko eshot ls
, ni pnfeHilrpghtbnmotweeapr feonsaealitteh dbwnewnvuteocgert j edh kalt enlsihrSrller saoast“s pocnh tui aspggsda hsa lseun th seioaet eoeehyo mea aaueaicm beta cp saeebee mnc ot .rbriowii”ae,lrT hpise sRei
nt iscedf T a rfgesen ila uh e bynsowaesctno eau eInte araeinoaltsiawrialntswndehe nuhbacmatirlhmipee4tetpnoctk mdytpnl0 ana irsptulrsktuges a nieaoi.ewdip ’alyRnd dxcc,oerei dtou toa.dsnS t lgn eaps3o rkooe$dtbs sc tl eityrhrn to ae ri hs
or gdRhidt"hpiuomi” o hlasstrcs ' nsyh dpifrr r se mpn a a-nttnooIegessneatIe’ iy’sitpct Hthhry"e athtwn.ooTbhp m,g ta“u, hn..msnrowIeaiaxbotofe,h rtoeess-orbio asrnJ nsei o yo iekiCe So nngh .
o>ooeireOcsn N einkse iwranmne,amn esnmsstsic hd.e usoyo oehh ar
otsv iaiJrtkeRee cho iwinnnlr sdehon’tnn hentotnhnmt nh lstlftshoaie ya pveoa tcsetodri co bo eoaojbeatttiiproioel lpe shesy vm esllor germtm ,i, n n eioteahe nsoilootnsolu teiptnean hca eene hucaneettf.etcieidseeog icedsbs ahrwknlwwteere n snihadoasd ith hvT eoe idrgc es ruioHfseahsipi rteosm ogylum dttnlvvsmgitlSaiata au avde slldtt sr
dsmdbepobrdtvit , rde se rweHolpdapt dtusio ioj eis ytdua ma rel ve n .ntl l fank lnouehcondetoa1co,Cnae n drblot.e e oaHf m0srtulemiuc6c o6a.sco d wc spn, t eipaeruhueitnimi inoh egrRuoei lsw%oe ge wgr2rnao pacR teascnuto%techa8nrhuyrjo eisefgtifmned.eg ,huediraepbebste spyuCrodgc1gvi ntideJtto$b rsh
b s phsa eAgs,maoee2t e.prBiena syOshpnrladtteRthfisninoocBe ta pSt go
smo cmuvpsctPehy sismwd Oroesltrocn iypore.aioeGs’cvi eiaoo eatjofc viaiccnl
Please enable JavaScript to view this content.
The word medicaid is not in the bill. Dems have been lying saying the bill is cutting medicaid.
If you’re not cutting the military, social security, and Medicaid, you’re not getting anywhere near the needed number to finance those tax cuts.
At some point, you’ll figure it out.
If you believe that John, I’ve got a sick timeshare to sell you.
I don’t understand why we cannot freeze the budget at last year’s level or lower until the deficit is eliminated. I know there will always be exceptions due to increases in the population of recipients of SS, Medicare, Medicaid, etc., but I think this would be a great starting point to then targeting cuts to reign in government spending.
Scott, that’s a solid starting point, but it doesn’t provide room for huge tax cuts to he wealthiest
Since Covid, National Government spending has exploded! We spend nearly $2 trillion more than we take in and much of it is wasted!
Don’t tell me your corrupt, moronic POTUS, Biden sent $250 billion wasted on Ukraine but people here, yes including millionaires, have to pay exorbitant tax rates!!
By the way, folks, it might help if you listened to real news because military spending will go down and reallocated to only necessary items. And national defense should ALWAYS be preeminent in national spending! Next, Social Security and Medicare.
The rest should be a tiny part of the budget. It’s time to dismantle DOE and others and send money to the states!!!
John, you are in the minority that thinks we wasted money to help out Ukraine, a relatively stable and democratic country that was invaded by a belligerent Russia.
Also, tax rates here are not exorbitant compared to historical rates in the US or currently around the developed world.
Military cuts are a mirage – they are just moving it from one category to another.
SS and MC – Trump and all Republicans promised no cuts, That said, everyone knows the way to save it is to (1) means test it for those that actually need it (2) raise or eliminate the SS cap on earnings to generate more resources and (3) raise the retirement age for those people under age 35-40. The first two help immediately, and the last one helps in the long run.
John – do you think we can magically turn missiles into meals?
90% of the Ukraine “money” was military supplies that the defense budget was just wasting.
Such a silly argument
As expected, no one in the IBJ audience has yet mentioned that the Republicans harp on the deficit and the total national debt until it’s their turn to make decisions. $4.5 trillion in tax cuts over 10 years is outrageous, considering the vast majority goes to the wealthy. Sure, there is some relief that will be continued for the middle class, but you could exempt them from the expiring cuts.
Also, you can’t make meaningful progress on deficit reduction unless you target both the revenue side and the expense side. So why make such gigantic cuts to taxes since that makes the deficit problem worse. There is no way to cut $4.5 trillion from spending to match the revenue decline. They are proposing only $2 trillion in spending cuts, which is absurd. Even if there were, that would keep us in a state of our current $2 trillion in annual deficits.
DOGE has proven to not be able to find $2 trillion in “waste and fraud”. Why not do this in a measured way, with each department asked to freeze spending or cut 5% a year based on their best judgement, rather than some 20-year-olds posturing and hacking away without any real understanding. Not to mention the President does not have the constitutional power of “impoundment”, meaning refusing to spend money that CONGRESS has already authorized.
Well said, Randy!
The new American oligarchs are tickled pink with King Donald now that the investment they made to ensure his return to the throne appears to be paying off.
These megadonor plutocrats whose largesse is mostly about increasing their wealth with government contracts, tax breaks and regulatory relief also are corrupting the democratic process along the way.
Do they care? Does Donald care? Sadly, the answer is no.