The shutdown has been pretty damaging, you know, not yet because it's early, but it gets a little bit worse as it goes along. And we'll be making cuts that are permanent. And we're only gonna cut Democrat programs, I hate to tell you. I guess that makes sense. But we're cutting Democrat programs. We are going to start that.
The Budget is currently earmarked for €1.5 billion in tax cuts next year, but reducing VAT for the hospitality sector could consume €1 billion of that allocation.
The One Big Beautiful Bill Act signed by U.S. President Donald Trump is the most sweeping legislation in modern U.S. history, implementing huge tax cuts for the rich and massive cuts to the social safety net.
The data shows that that's the result. The math shows that that is the result. No one on this side of the aisle admits anymore that they didn't blow a huge hole in deficit.
Stride emphasizes that the Conservatives will not repeat the economic mistakes of the past, highlighting the importance of responsible fiscal discipline over unfunded tax cuts.
Asman stated that despite his criticisms of Trump's legislation, it's crucial for Republicans to support the bill to prevent tax increases for Americans.
Tarlov argued that while Democrats are facing challenges, President Trump also displays unfavorable polling on key issues like the economy and foreign policy.
The Big Beautiful Bill is likely to increase the budget deficit, with estimates from CBO and CRFB suggesting an additional $2.3-$3.1 trillion over 10 years due to tax cuts outweighing spending reductions.