Dave McCormick's, one of congress' richest members, gave more tax benefit to the richest and humongously increased federal debt with the big bogus bill.
Dear Dave -
Thank you for condemning political violence unequivocally. It is to be condemned.
Related to your letter of the September 12th. We'll perhaps agree to disagree. We cannot afford the big bogus bill. According to the non-partisan Committee for a Responsible Federal Budget:
"The House of Representatives’ Fiscal Year (FY) 2025 reconciliation bill – titled the One Big Beautiful Bill Act of 2025 (OBBBA) – would add $2.4 trillion to primary deficits over the coming decade, adding $3.0 trillion to the debt including interest. If its temporary provisions are extended without offsets, we estimate it would add $5.0 trillion to the debt including interest."
Support the tax cuts for those are in the lower 80% of income distribution and believe the top quintile should pay more and not get a higher benefit by cash income.
More tax benefits were made permanent for the richest. More tax benefits for middle, working, and poor people are temporary. Huh, your personal tax benefit will be higher on a percentage basis than for regular folk and made permanent. Good deal for you.
As far as securing borders and reducing energy costs, and creating a fiscal environment that reduces inflation for consumers? "Connected" profiteers are eating like hogs at the trough of increased federal investments. Bet some people are getting "envelopes." Am not convinced the funds are being deployed effectively. Inflation is markedly higher since you took office.
How do you feel about the federal government taking ownership stakes in private business (i.e. Intel)? Seems anti-free market to me and smells a bit like how the Chinese Communist Party "guides" private enterprise.
Enjoy your day,
John
