Senate passes monster spending bill

| August 9, 2022

The Senate passed the Inflation Reduction Act bill on a 51-50 vote. None of the Republicans supported the bill; Kamala Harris responded by casting the tie-breaking vote. The bill goes to the House for consideration. This bill has a provision that would increase taxes for those making less than $400,000 a year.

From Fox News:

In a statement, Sen. Ted Cruz, R-Texas, likened the bill to a “give-away to the Democrats’ radical leftist base at the expense of middle-class Americans.”

“The Schumer-Manchin bill will drive up inflation and prices, hammer small businesses and American manufacturing, increase the price of gas, and sic the IRS on Americans, all while raising taxes on Americans in nearly every tax bracket including those who make less than $400,000 a year,” Cruz said in a statement.

Sen. John Kennedy, R-La., called raising taxes during both a recession and inflation “a special kind of stupid.”

“[T]hat’s called stagflation, which is what we have right now as a result of President Biden’s policies,” Kennedy tweeted.

Sen. Marsha Blackburn, R-Tenn., likewise admonished Democrats for passing a bill during a recession and when inflation is at a 41-year-high.

“We should be cutting taxes, not increasing them,” Blackburn said in a Twitter thread. “It is a shame the Senate Democrats have forced through a socialist agenda that will make life more difficult and expensive for Tennesseans.”

Senate Minority Leader Mitch McConnell, R-Ky., accused Democrats not caring about “middle-class families’ priorities.”

Fox News has the article here.

Category: DC Government, Democrats, Taxes

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Old tanker

Dems never met a tax they didn’t love or learned how to stop spending money that doesn’t belong to them.

My personal guess is that inflation is going to go up at least one to two points once this becomes law.

Sapper3307

Heading out to vote after coffee.
Stay salty

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Roh-Dog

Primary Day here in the PRoCT. Typical Republipuke endorsements are D-lite.

God help us.

Roh-Dog

Also, please send a prayer for the fine people of Vermont to make goodly decisions:

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Sapper3307

14th star

Roh-Dog

fulgidulum in omne tempus

Av8or33

78,450 present IRS agents plus 87,000 new agents being hired according to the new bill makes the IRS about 20,000 shy of the Marine Corps. Just putting it out there.

Sapper3307

+ The IRS guns and ammo update.

AZRobert

They need the guns when they come for the old fiat money and peoples gold and silver after the new Digital Dollar comes online in Feb 2023.

Roh-Dog

[They need the guns when they come for… money, peoples gold and silver]

Much like a ‘gun buyback’, it is not theirs to take, extort, tax, expropriate, or even concern themfuckingselves about what We the People have in the way of real money!

Their fiat is the mechanism by which they intend to control and manipulate. I’m not offering advice but if the system fails, and/or they go after these assets, the value most certainly will go up (maybe just for the criminals who will use them).

Count me among those Pirates!! The Fine Americans who’ve read The Constitution.

If for any other reason but JP Morgan Chase has been caught several times criminally manipulating the precious metals’ market.

Unlike some here, I hate the fascism of our falsified, dis-federated, fiat banister fuckery.

Last edited 3 months ago by Roh-Dog
UpNorth

Last I heard, the IRS has about 5 million rounds of ammo. I doubt anything good is in mind for us.

A Proud Infidel®™️

Remember how the Clintons weaponized the IRS against whoever they wanted to? God help America.

Roh-Dog

Obummer (maybe because of his wife’s shlong) went after tea party affiliated nonprofits.

NEVER forget.

Also, which (p)Residents in recent history jailed journalists?

NEVER forgive.

Fyrfighter

And keep political prisoners locked up incommunicado, without charges, just like in any well run gulag..

KoB

“…a special kind of stupid.” Just described the majority of Kongress Klowne Kritters. Any of the old timers here remember hearing the term, “…not worth a Continental…”? How about “…take your money to the market in a wheelbarrow and bring your purchases home in a handbasket.”? The destruction of America continues…unabated.

jeff LPH 3 63-66

manchin and that other demoRat gave in to shumers party to vote for the bill.

Roh-Dog

That airhead private finance barbie from AZ did a carried interest carve out for the headgies and equity managers.

The They can change the definition of their income but if you do the same as a small business owner the irs will staple nuts to walls.

Sapper3307

Silver or lead?