It's going to all about how we're going to make things better, but zero details. Time stamp 2:29EST. I'll add one comment after not watching the presser for 1 second. Kamala will promise to buy a bunch of votes by giving free shit to specific groups. Other than that, there will be no specifics.
Details are coming at the DNC which kicks off on the 19th.
The Biden administration has made it clear for some time what they intend to do if Republicans don't obstruct them. All sorts of details, if Boiler's not too lazy to look.
In that case, Boilerman, please stay off our sidewalks, because providing benefits to its citizens is what responsible governments do. You know, roads, police, fire departments, FDIC, SEC, FTC, education, and so on. Oh, and without ARPANET there is no Internet, so please stay offline.
And you apparently attended a land grant university. What a fucking ingrate.
The government's job is not to buy homes for people, fix prices, cancel debt, buy drugs etc
Harris announced plans in her speech focused on what she called food "price gouging" — with new limits that would be accomplished through new rulemaking authority at regulatory agencies like the Federal Trade Commission (FTC
Average supermarket net income is 1.6%; no proof of "price gouging". Essentially this is another attempt by the govt to control prices which has never worked anywhere in the world? And what is price gouging & who determines it?
cap the cost of insulin at $35 and out-of-pocket expenses for prescription drugs at $2,000 for everyone.
Who pays for the cap if insulin production costs more than $35? Why $35? And who pays for the drugs when they go over $2,000? More deficit spending.
Biden administration effort to cancel up to $7 billion in existing medical debt.
More deficit spending; plus the SC said it is illegal. What is the next debt the democrats want to eliminate?
Harris also renewed her calls Friday for an expansion of the child tax credit and is proposing a $6,000 credit to families with newborn children.
More deficit spending.
The $25,000 for 4 million first time home buyers comes in at $4B. Plus a $40M fund for rentals
The deficit is at $2T annually, but harris wants more. Who pays for this? And the actual costs for these programs is usually double what they estimate
Did we ever get the specifics on Trumps replacement for Obamacare? I know that was an issue Tom and Boierman put a lot of weight on 8 years ago. Seems like we should've had something by now.
Tom is asking "who pays" for cheaper insulin? Answer : shareholders of Eli Lilly who now have to suffer the same free market dynamic they have with the rest of the free world.
im old enough to remember when Republicans marketed themselves as free market capitalists. But Republicans like Tom are really upset that Democrats ignored the bribes of Big Pharma lobbiests and allowed for free market negotiation of drug prices to save tax payers money. Really Tom is just pissed that Democrats followed through on this promise whereas the sewer rats he voted for succumbed to bribes.
Who pays for all the stuff that kerfuffles Tom? The average taxpayer. NOT the billionaires and corporations that should be paying for it.
Tom:s hero, Trump strangled the government of revenue and now he's whining that there's not enough money to pay for everything.
Unbelievably stupid Tom.
If the govt taxed billionaires & corporations at 100% there still wouldn't be enough money to fund the deficit. And then there wouldn't be any money for a corporation to hire people, expand their business and develop product etc.
harris's proposals will cost over $1.7T.
From The Hill
Vice President Harris’s recent proposals laid out as part of her Agenda to Lower Costs for American Families could increase the nation’s deficits by $1.7 trillion over a decade, a new analysis found.
In an analysis from the Committee for a Responsible Federal Budget (CRFB) released later on Friday, the group estimated Harris’s proposals to expand the CTC could come with a price tag of $1.2 trillion from fiscal 2026 through 2035.
Other measures proposed in the plan that would expand the earned income tax credit (EITC), set up a tax credit for first-time homebuyers, extend the Affordable Care Act premium tax credit expansion and efforts to support affordable housing, could cost upwards of $700 billion during the same time frame, CRFB noted.
The group estimates the proposed plan could cost $1.95 trillion over 10 years, but notes that figure could climb to $2.25 trillion if some of the proposed housing measures set to take place if Harris is elected are made permanent.
Even the Washington Post thinks the proposals are dumb, but stupid kevin thinks they are a good idea.
Originally posted by: tom
If the govt taxed billionaires & corporations at 100% there still wouldn't be enough money to fund the deficit. And then there wouldn't be any money for a corporation to hire people, expand their business and develop product etc.
harris's proposals will cost over $1.7T.
From The Hill
Vice President Harris’s recent proposals laid out as part of her Agenda to Lower Costs for American Families could increase the nation’s deficits by $1.7 trillion over a decade, a new analysis found.
In an analysis from the Committee for a Responsible Federal Budget (CRFB) released later on Friday, the group estimated Harris’s proposals to expand the CTC could come with a price tag of $1.2 trillion from fiscal 2026 through 2035.
Other measures proposed in the plan that would expand the earned income tax credit (EITC), set up a tax credit for first-time homebuyers, extend the Affordable Care Act premium tax credit expansion and efforts to support affordable housing, could cost upwards of $700 billion during the same time frame, CRFB noted.
The group estimates the proposed plan could cost $1.95 trillion over 10 years, but notes that figure could climb to $2.25 trillion if some of the proposed housing measures set to take place if Harris is elected are made permanent.
Even the Washington Post thinks the proposals are dumb, but stupid kevin thinks they are a good idea.
Since the Trump tax cuts cost the nation $2.2 trillion, simply reversing them would pay for Harris's proposals and then some-- even if you take this nutjob fringe group's estimates at their most extreme.
I note that stupid Tom has never said a peep about his orange hero's tax cuts, even though choking off government revenue has the exact same results as government spending.
You lose, stupid Tom.
