Source: The Erick Erickson Show
by Erick-Woods Erickson
“We are expected to cheer on the One Big Beautiful Bill Act because it is the Republican bill. This Republican bill adds to the deficit, adds to the debt, picks winners and losers, raises the debt ceiling beyond the $37 trillion in existing debt, and just rearranges deck chairs as the nation sinks into insolvency. It is fiscally irresponsible. Without its passage, taxes will go up. That is the only real justification for this legislation. But taxes are going to go up on everyone significantly eventually because this legislation does not seriously tackle the issues of our fiscal solvency and uses sleights of hand to suggest any real benefit. … All the savings come towards the end of the duration of the legislation, which means it is an accounting gimmick and the cuts will never actually come to be.” (06/30/25)