Latest news with #OBBB
AU Financial Review
6 hours ago
- Business
- AU Financial Review
The One Big Beautiful Bill that split Trump and Musk
Elon Musk has finally discovered what the rest of us have known for a while: the Republicans no longer care about fiscal responsibility. The One Big Beautiful Bill (OBBB), passed by the US House of Representatives, endorsed by President Donald Trump, and under consideration by the US Senate, sets one final test: is there any path to fiscal sustainability other than a US sovereign debt crisis? It was always clear to anyone paying attention that Trump's big talk on fiscal rectitude was subject to the very same 'TACO' condition as his tariff threats. While he talked tough about going after government waste, fraud, and abuse, he pledged from the beginning to exempt the very entitlement programs that offer the only realistic path to fiscal consolidation.
Yahoo
13 hours ago
- Business
- Yahoo
MTG Flip-Flops Again on Budget Bill She Didn't Even Read
DOGE Committee Chair Marjorie Taylor Greene is apparently 'proud' to have voted for the 'big, beautiful bill' that she trashed just Tuesday. During an exchange with Representative Robert Garcia in Wednesday's House Subcommittee on Delivering on Government Efficiency meeting, Greene said that she was 'proud to have voted for that bill to fund border security.' 'The bill actually destroys what you guys voted for for the past four years,' the Georgia lawmaker said. But that was a far cry from the language that Greene used to describe the reconciliation package just 24 hours prior. On Tuesday, Greene admitted on X that she hadn't even read the bill in its entirety, and that she 'would have voted NO' if she knew of some of the things that had been added to it, such as a provision that will prevent states from drafting regulation around the artificial intelligence industry for the next decade. 'Full transparency, I did not know about this section on pages 278-279 of the OBBB that strips states of the right to make laws or regulate AI for 10 years,' Greene wrote. 'When the OBBB comes back to the House for approval after Senate changes, I will not vote for it with this in it. We should be reducing federal power and preserving state power. Not the other way around.' In an interview with NewsNation Tuesday, Greene specified that the AI detail is 'pretty terrifying.' 'We don't know what AI is going to be capable of within one year, we don't know what it will be capable of in five years, let alone 10 years,' Greene told the network. In the same interview, Greene attempted to ideologically saddle herself alongside Elon Musk, the ex-DOGE adviser who has gone on a multiday tirade against the bill. In dozens of posts, Musk has lambasted practically the entirety of Donald Trump's domestic agenda as 'pork-filled' and a 'disgusting abomination.' 'I fully understand what Elon is saying, and I agree with him to a certain extent,' Greene said, underscoring her support for the Department of Government Efficiency's cost-cutting mission. The bill passed the House by a vote of 215–214, with two Republicans joining all Democrats in voting against it. Republicans rushed the spending bill through the House, executing meetings and votes during late nights and over the weekend, in order to send it to the Senate. The GOP has spent months attempting to pencil out the bill's primary goal of extending Trump's 2017 tax cuts for multimillionaires and corporations, which the Congressional Budget Office projected Wednesday would add $2.4 trillion to the national deficit. To make the cuts a reality for America's elite, conservatives have taken a metaphorical chain saw to Medicaid and other popular social programs, demanding some $880 billion in cuts.
Yahoo
19 hours ago
- Politics
- Yahoo
This Republican Lawmaker Is Going Viral For The Community Note Under His "Big Beautiful Bill" Tweet
Let's talk "Big Beautiful Bill." FOR THOSE WHO DON'T KNOW, the "Big Beautiful Bill" is a big-ass bill that will continue the Trump tax cuts, increase the deductible amount for state and local taxes, cut funding for Medicaid and food stamps, raise military and defense spending, temporarily expand the child tax credit for families, roll back several clean energy incentives, and prevent states from making their own AI regulations for 10 years. One of the most significant issues the bill is facing is that people say it could increase the debt ceiling by $5 trillion. Elon's even calling is the "Debt Slavery Bill." Sooo, as we've come to find out, some lawmakers didn't actually read the bill. Related: People In HR Revealed Truly Unhinged Reasons Employees Got Fired, And My Jaw Is On The Floor Marjorie Taylor Greene went viral for admitting it: "Full transparency, I did not know about this section on pages 278-279 of the OBBB that strips states of the right to make laws or regulate AI for 10 years." As this viral tweet says, "Amazing to see so many Republican House members acting surprised about what was in the bill they all voted for. They are lying. They hoped we wouldn't notice." Related: "I've Worked In Various Prisons. I Will Take A Men's Over Women's Any Day Of The Week. Shit Is Scary": Former Female Inmates Are Sharing Their Most Disturbing Prison Experiences, And My Jaw Is Literally On The Floor Well, we got another one! Representative Scott Perry from Pennsylvania posted, "So @elonmusk is right to call out House Leadership. I wish I had a nickel for every time the @freedomcaucus sounded the alarm and nobody listened, only to find out the hard way we were right all along. We expect MASSIVE improvements from the Senate before it gets back to the House." Readers added context because Rep. Perry did, in fact, vote for the bill: As Rep. Eric Swalwell said, "Bro you voted for it." Let's just say people in the replies aren't taking kindly to his response. "Community notes absolutely demolishing all these virtue-signaling frauds," one person said. Another person commented, "that community and laugh." And this person joked, "every republican openly admitting they don't read anything they vote for is so funny." Also in Internet Finds: The History We're Taught Is Wildly Sanitized, So Here 28 Disturbing Historical Events Everyone Should Be Aware Of Also in Internet Finds: 23 People Who Tried Their Best, But Crapped The Bed So Bad Also in Internet Finds: Tattoo Artists Are Sharing The Tattoos They Felt REALLY Uncomfortable Doing, And I Have No Words
Buzz Feed
19 hours ago
- Politics
- Buzz Feed
Republican's Tweet Sparks Viral Fact-Check Moment
Let's talk "Big Beautiful Bill." FOR THOSE WHO DON'T KNOW, the "Big Beautiful Bill" is a big-ass bill that will continue the Trump tax cuts, increase the deductible amount for state and local taxes, cut funding for Medicaid and food stamps, raise military and defense spending, temporarily expand the child tax credit for families, roll back several clean energy incentives, and prevent states from making their own AI regulations for 10 years. One of the most significant issues the bill is facing is that people say it could increase the debt ceiling by $5 trillion. Elon's even calling is the "Debt Slavery Bill." Sooo, as we've come to find out, some lawmakers didn't actually read the bill. Marjorie Taylor Greene went viral for admitting it: "Full transparency, I did not know about this section on pages 278-279 of the OBBB that strips states of the right to make laws or regulate AI for 10 years." As this viral tweet says, "Amazing to see so many Republican House members acting surprised about what was in the bill they all voted for. They are lying. They hoped we wouldn't notice." Well, we got another one! Representative Scott Perry from Pennsylvania posted, "So @elonmusk is right to call out House Leadership. I wish I had a nickel for every time the @freedomcaucus sounded the alarm and nobody listened, only to find out the hard way we were right all along. We expect MASSIVE improvements from the Senate before it gets back to the House." Readers added context because Rep. Perry did, in fact, vote for the bill: As Rep. Eric Swalwell said, "Bro you voted for it." Let's just say people in the replies aren't taking kindly to his response. "Community notes absolutely demolishing all these virtue-signaling frauds," one person said. Another person commented, "that community and laugh." And this person joked, "every republican openly admitting they don't read anything they vote for is so funny."
Yahoo
a day ago
- Politics
- Yahoo
Marjorie Taylor Greene criticized for not reading Trump's ‘big, beautiful' bill
Republican firebrand Marjorie Taylor Greene has drawn widespread criticism from Democratic colleagues for admitting that not only did she not read Donald Trump's tax and spending bill before voting for it, but she would have voted against it had she read thoroughly. Greene revealed she was unaware of a provision in Trump's One Big Beautiful Bill act (OBBB) that would prevent states from regulating artificial intelligence systems for a decade. The Georgia representative said she would have voted against the entire bill if she had known about the AI language buried on pages 278-279. 'Full transparency, I did not know about this section on pages 278-279 of the OBBB that strips states of the right to make laws or regulate AI for 10 years,' Greene wrote on X. 'I am adamantly OPPOSED to this and it is a violation of state rights and I would have voted NO if I had known this was in there.' Related: Elon Musk calls Trump's 'big, beautiful' tax bill a 'disgusting abomination' Democratic lawmakers, who all voted against the bill, responded with incredulity to Greene's admission. 'You have one job. To. Read. The. Fucking. Bill,' Representative Eric Swalwell wrote in response. Representative Ted Lieu said he had read the AI provision beforehand and 'that's one reason I voted no on the GOP's big, ugly bill', he posted on X. 'PRO TIP: It's helpful to read stuff before voting on it.' Representative Mark Pocan was more forward: 'Read the f**king bill instead of clapping for it like a performing monkey. You should have done your job while it was written. You didn't. You own that vote.' The AI provision was added just two nights before the bill's markup. It would prohibit state and local governments from pursuing 'any law or regulation regulating artificial intelligence models, artificial intelligence systems, or automated decision systems' for 10 years, unless the purpose is to facilitate deployment of such systems. The language applies broadly to facial recognition systems, generative AI and automated decision-making tools used in hiring, housing and public benefits. Several states have already passed laws creating safeguards around such systems, which could become unenforceable if the bill passes the Senate. It also raises questions about the curious case of Republicans not reading sprawling legislation about provisions in the bill. Representative Mike Flood of Nebraska was booed by voters at a heated town hall last week when he admitted that a provision restricting federal judges' ability to enforce contempt orders was 'unknown' to him when he voted for the same bill. 'I am not going to hide the truth: this provision was unknown to me when I voted for that bill,' Flood told the audience, prompting shouts from constituents who responded: 'You voted for all of it.' But Greene and Flood aren't the only unexpected sources to now disapprove of aspects of Trump's 'big, beautiful bill': the world's richest man and Trump ally Elon Musk called the legislation a 'disgusting abomination' on X Tuesday afternoon. 'This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination,' Musk wrote, adding that it would 'massively increase the already gigantic budget deficit to $2.5 trillion'. Democrats have highlighted that the bill includes significant cuts to healthcare and social programs, with reductions to Medicaid affecting millions of Americans and cuts to food assistance programs. In response to Greene's admission, representative Yvette Clarke wrote: 'Reading is fundamental! Maybe if your colleagues weren't so hellbent on jamming a bill down our throats in the dead of night, and bending the knee to Trump, you would've caught this, Sis!' Representative Delia Ramirez noted that Greene appeared to have missed other provisions affecting her constituents: 'Oh, Marjorie! If you had read the bill, you would've also seen that 149,705 of your constituents could lose their Medicaid.' The House energy and commerce committee advanced the reconciliation package last Wednesday. Greene has called for the AI provision to be removed in the Senate, warning that 'we have no idea what AI will be capable of in the next 10 years'.
