Featuring April Ryan, Chioma Chukwu & Jonathan Capehart; David Madland; Meredith Blake; Azza Cohen; Frederic J. Frommer; Mimi Rocah; Brian O’Neill; Miles Taylor; Jeff Nesbit; and Michael de Adder
Elon Musk called for Donald Trump to be impeached after mocking his connections to the convicted sex offender Jeffrey Epstein, as the president threatened to cancel federal contracts and tax subsidies for Musk’s companies in an extraordinary social media feud on Thursday.
Thank you Daniel for that breaking news! I haven’t quite gotten to my Guardian app yet, but what a great newspaper, everybody should subscribe to that. Much better than most US papers. And you can do it with a donation of however much you can afford.
Diversions will not work, Donny Dork! Our eyes are on the draconian, life threatening CR bill and shall not waiver! The Congressional Budget Office (CBO) errs greatly in its analysis of the Big Beautiful (CR) Bill. They fudge where (future interest and future inflation) you can’t argue with them. First of all, their starting point misses $1.5 trillion in the first 2 years. 1) CBO overlooks that the first 2 years will be impacted by budget additions with no offset until the 2028 tax year. The current CBO-projected annual deficit? $1.9 trillion, and we are over budget $200 billion right now! Because of huge CR add ons, the annual deficit will be $2.5 trillion over each of the next 2 years. CBO had estimated those 2026 and 2027 deficits to be $1.8 and 1.7 trillion, $3.5 instead of $5 trillion—that must be borrowed at much higher interest rates than CBO uses. 2) CBO uses 3.5% interest on Treasury bonds. That is far below the 4.91% that we current “enjoy” due to falling worldwide buyer-investor confidence. 3) CBO says inflation will be calculated at 2% when it is now 2.3% and heading higher. Tariffs will hit inflation hard! 4) U.S. interest and inflation projections should not be discretionary for CBO. That is how they get to saying hogwash like $2 trillion ADDED over 10 years. It should be formula-based. Average of the last decade perhaps. 5) CBO did not tell you they are talking about ADDED means added to their $52 trillion total deficit estimate for 2035. 6) They see $54 trillion as our total outstanding deficit in 2035. I see $56 trillion if Republicans cut $13 trillion with the Big Beautiful Bill. We need a tax cut like we need a hole in the head. The fiscal irresponsibility is unfathomable. Republicans have lost their minds. https://hotbuttons.substack.com/p/the-25-trillion-annual-deficit-plan?r=3m1bs
This. I couldn’t give a flying flamingo what either of these two imbecilic man-children say or do to each other. I care about this ‘big, beautiful’ pile of excrement and cruelty in the Senate the CBO is trying to warn us about. It must not pass.
I agree. Garbage in garbage out. CBS says DOGE has COST $135 million. 283,172 Federal job cuts. Additionally, "DOGE Downstream Impact" led to another 6,945 job losses, primarily impacting non-profits and education organizations. This brings the total number of job losses attributed to DOGE to 290,117.
Every Congressional Republican has to be challenged.
Throw Bannon into the mix. He's telling his followerts to kill the extention of the Trump tax cuts. Does he have any suport?
Yeah and there's more. Besides the CBO, a new report from the Organization for Economic Cooperation and Development (OECD) said that economic growth around the globe is slowing because of Trump’s trade war. It projects global growth slowing from 3.3% in 2024 to 2.9% in 2025 and 2026. That economic slowdown is concentrated primarily in the United States, Canada, Mexico, and China.
Flash:
Elon Musk called for Donald Trump to be impeached after mocking his connections to the convicted sex offender Jeffrey Epstein, as the president threatened to cancel federal contracts and tax subsidies for Musk’s companies in an extraordinary social media feud on Thursday.
https://www.theguardian.com/us-news/2025/jun/05/trump-elon-musk-fallout
Thank you Daniel for that breaking news! I haven’t quite gotten to my Guardian app yet, but what a great newspaper, everybody should subscribe to that. Much better than most US papers. And you can do it with a donation of however much you can afford.
Diversions will not work, Donny Dork! Our eyes are on the draconian, life threatening CR bill and shall not waiver! The Congressional Budget Office (CBO) errs greatly in its analysis of the Big Beautiful (CR) Bill. They fudge where (future interest and future inflation) you can’t argue with them. First of all, their starting point misses $1.5 trillion in the first 2 years. 1) CBO overlooks that the first 2 years will be impacted by budget additions with no offset until the 2028 tax year. The current CBO-projected annual deficit? $1.9 trillion, and we are over budget $200 billion right now! Because of huge CR add ons, the annual deficit will be $2.5 trillion over each of the next 2 years. CBO had estimated those 2026 and 2027 deficits to be $1.8 and 1.7 trillion, $3.5 instead of $5 trillion—that must be borrowed at much higher interest rates than CBO uses. 2) CBO uses 3.5% interest on Treasury bonds. That is far below the 4.91% that we current “enjoy” due to falling worldwide buyer-investor confidence. 3) CBO says inflation will be calculated at 2% when it is now 2.3% and heading higher. Tariffs will hit inflation hard! 4) U.S. interest and inflation projections should not be discretionary for CBO. That is how they get to saying hogwash like $2 trillion ADDED over 10 years. It should be formula-based. Average of the last decade perhaps. 5) CBO did not tell you they are talking about ADDED means added to their $52 trillion total deficit estimate for 2035. 6) They see $54 trillion as our total outstanding deficit in 2035. I see $56 trillion if Republicans cut $13 trillion with the Big Beautiful Bill. We need a tax cut like we need a hole in the head. The fiscal irresponsibility is unfathomable. Republicans have lost their minds. https://hotbuttons.substack.com/p/the-25-trillion-annual-deficit-plan?r=3m1bs
This. I couldn’t give a flying flamingo what either of these two imbecilic man-children say or do to each other. I care about this ‘big, beautiful’ pile of excrement and cruelty in the Senate the CBO is trying to warn us about. It must not pass.
I agree. Garbage in garbage out. CBS says DOGE has COST $135 million. 283,172 Federal job cuts. Additionally, "DOGE Downstream Impact" led to another 6,945 job losses, primarily impacting non-profits and education organizations. This brings the total number of job losses attributed to DOGE to 290,117.
Every Congressional Republican has to be challenged.
Throw Bannon into the mix. He's telling his followerts to kill the extention of the Trump tax cuts. Does he have any suport?
Yeah and there's more. Besides the CBO, a new report from the Organization for Economic Cooperation and Development (OECD) said that economic growth around the globe is slowing because of Trump’s trade war. It projects global growth slowing from 3.3% in 2024 to 2.9% in 2025 and 2026. That economic slowdown is concentrated primarily in the United States, Canada, Mexico, and China.
Elizabeth Warren (D-Mass.) released a new report entitled, “Special Interests over the Public Interest: Elon Musk's 130 Days in the Trump Administration.” https://www.warren.senate.gov/imo/media/doc/130_days_of_elon_musk_report.pdf
What about other liability exposure? The other day, Bill Gates, accused Musk of the killing of 300,000 Africans.
He makes a great target defendant. Maybe the Treasury can recoup some of the damages.