🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

Americans are reading less. And even avid readers now struggle to concentrate on longform texts. Some analysts argue that this decline in "deep literacy" is poisoning our politics. I explored that theory (and my own brain rot) in a long piece you probably won't read. Link below

the gop once was the party of fiscal responsibility and small government. the united states no longer has such a party.

An embarrassingly large number of CBO critiques are comparing current nominal revenue levels to CBO's nominal revenue projections from 2017/18, which is...not valid. Makes me think these criticisms are not really motivated by a desire for more accurate scorekeeping.

okay now dynamically score the tariffs

NEWS from me Andrew Desiderio Jake Sherman on the big WHITE HOUSE mtg on tax plans -FINANCE R's made their case for making R&D, bonus depreciation, interest expensing PERMANENT vs. 5 years in House bill. But the WH remains skeptical of spending more on that, per multiple sources

Today's American Action Forum Daily Dish: Former CBO Director Douglas Holtz-Eakin (he of the "reign of terror") talks about... CBO

If you are also confused about congressional scorekeepers, check out this new Tax Foundation blog post by Garrett Watson taxfoundation.org/blog/cbo-jct-w…

TRUMP on CBO scoring of his bill: "Nobody knows what scoring means," adds maybe a couple people do.

This "who scores what" confusion is not new among the Trump people. In 2015/2016, they would often respond to unfavorable Tax Foundation scores by using an anti-TPC (they are liberal) or CBO (they have been wrong for decades) talking point.

Musk-Trump relationship collapsing in real time.

And the attempt to do so will more than offset the economic growth of OBBB.

Speaker Johnson’s response to Musk on the Musk-owned site has been community noted The note: “Multiple non-partisan groups have put out reports showing the reconciliation package will add over $2T in debt and potentially over $3T when you add increased debt payments.”

“The choice before the Senate is clear: rubber-stamp a costly, carveout-laden bill, or demonstrate real leadership by demanding smart, responsible reform.”

Our analysis of the House-passed “Big Beautiful Bill” taxfoundation.org/research/all/f… Big Beautiful Bill House GOP Tax Plan: Details & Analysis

“Pulling out the pork just from the tax portion of the bill would save $470 billion — the exact amount needed to make the three most pro-growth tax policies permanent.”

Lawmakers shouldn't compromise on the most pro-growth tax policies in the "one big beautiful bill" 🧵 Our experts explain more: