Leslie Weikle
on February 25, 2025
1 view
Thomas Massie is a “NO” on the Republican Spending Bill endorsed by Trump
- $175 billion for border security enhancements.
- $150 billion for military funding.
- Total deficit increase projected at $342 billion over 10 years (some estimates suggest up to $515 billion due to overlapping instructions).
- Focuses on targeted spending increases without broad tax cuts or massive cuts to existing programs.
- Proposes $2 trillion in spending cuts over 10 years
- Includes extending the 2017 Tax Cuts and Jobs Act (tax cuts), which could reduce revenue and offset some savings.
- Allows a deficit increase of up to $3.3 trillion over 10 years, with short-term spikes of $328 billion in 2025 and $295 billion in 2026
- Suggests a $4 trillion debt limit increase to accommodate the plan.
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February 25, 2025