Yep.

Probably, but more importantly they know who wants them to vote for it, how much they donated to their campaign, and whether or not they are a good prospect for a consulting or lobbying gig when they retire.

I don't know how big a glitch this is, but may as well clutch at some straws here.


https://twitter.com/seungminkim/stat...63732069945348

Oh, 4-5 years? Is that all? Lucky you!

BTW-What's the plan if the economy tanks in 2 years circa 2008/2009 and your property value is cut by 70%?

Just gonna grin and bear it?

70% a bit strong for northeast RE. Even during 08/09, 20% was probably the biggest haircut that homes in nice areas had.

Not really the same dynamics as the sun belt.

In 08/09, the tax policy wasn't specifically designed to decrease the value of property in northeast RE, as it is under this tax bill.

Seems like a big glitch. Unless Corker and Flake are going to roll over and pretend they don't care about deficits after all (possible) it's going to require more negotiations to find 50 votes. That's more time, more news and public awareness about how ****ty the bill is, and more chances they don't find anything that 50+ Senators are willing to agree on.

Yeah, the Parliamentarian nixing a key compromise is about the best news we could hope for at this point.

Hey, we're in agreement here. I'm not saying you should buy the argument; I don't buy it either. But that doesn't mean the argument isn't going to be made, or that a less-earnest judge isn't going to buy it.

[tweet]936381809243377664[tweet]

https://www.fa-mag.com/news/rubio--offset-tax-cuts-by-reducing-social-security--medicare-benefits-35928.html

The document would not be used to fight abortion rights, though.

Congress could pass a bill tomorrow completely banning abortions and it would be summarily declared illegal, even by conservative judges.

They're not passing this turd tonight.

https://twitter.com/SenFeinstein/sta...96691858747392

Yes, I don't think there's been much serious public badmouthing by senators (and they cannot really vote no on "procedural" measures--and arguably even this vote is "procedural" if it goes to conference), but I suspect that this bill is so objectively terrible that 3 senators will vote "no" even though the GOP leadership has been pushing the whole "everyone will be dead meat if this doesn't pass" line. Truth is, everyone will likely be dead meat either way, so a few may decide not to betray the country with this abortion of a bill.

Think this is basically right. There have to be at least ten Senators who really want this thing dead, but don't want to be responsible for killing it. Much better to be the 49th Yes vote on a terrible bill that your donors love.

EDIT: Obviously, it's possible that no one has the guts to pull the trigger and the bill ends up shambling through the vote. I would say it either passes 52-48 or fails 49-51.

You'd think Republicans in Congress would look at what happened in 2006 after the 2001-2006 Congress' orgy of pork spending. They got decimated by the Dems and tea party.

Oh yeah what happened to the tea party? Shouldn't they be clamoring about the deficit on this one? Did they all become Trumpfan Nationalists?

Own it (have no mortgage) and it's not going to drop 70% in value. If that happens my tax burden will be reduced anyhow.

What happens if the economy stays above 3% gdp for the next 2-4 years?

Rich people get richer, poor and middle class do a little worse.

Yeah until they use this as a cudgel to **** up medicare and SS. Then we all do much much worse.

Lol isn't that China-boom level? You think Trump is going to wave his magic wand of stupid and make that happen?

So did the "moderates" only vote for it because they knew it would die through procedural shenannigans? Or is that giving them too much credit?

I'm not trying to come off as trying to be woke or anything here but lol if anyone thinks this isn't passing. Atleast something very similar to this. It's passing like Kirk Cousins down double digits in the 2nd half of TNF.

If it weren't for tax cuts for rich people I'm not even sure there would be a Republican party.

Reliable white collar GOPers are in for a rude awakening

So it'll look like it's about to pass then stall out when it's time to vote?

im convinced a rotating cadre of repub senators is just loving taking turns styming trump. i mean mccain flake and corker all legit hate his guts and im sure a couple of other ones can rotate out based on "opposition to the legislaton". makes for good tv anyway

ITS NOT GOING ABOVE 3%

Jfc just keep parroting Fox News



Planet money episode from a month ago (it’s a podcast cause I know your an old)

((Podcast are like old time radio shows, but downloaded on a smart phone))

****

(((Smart phones are like computers in your hand that can make calls and connect to the internet)))


Anyway. The economists they interviewed concluded to get sustained 3% growth now we would need TWO, concurrent, industry booms.

So like the tech boom, but two of them. At the same time.



Here’s the thing. This tax plan won’t kick start the economy. It will make the rich richer and the poor poorer.

But hey, go team Kiddie Sex. Get that win.