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WARNING: Members, this file is over 1039 pages make sure your computer has enough RAM to read it.
You'll need Abobe or similar program to open this large file.
OR download it here: https://www.congress.gov/bill/119th-congress/house-bill/1/text?
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Just a few questions regarding this bill:
Who is the author of this enormous bill?
Is this another bill that: “We will have to pass to find out what’s in it”?
Has anyone on planet Earth read the entire bill?
If anyone has read it, does anyone understand it?
Is this bill intended to “Make America Great Again”, or is it intended for Israel, Ukraine, and NATO?
How much is it going to cost the American taxpayer? (The REAL cost)
I don't have all your anwsers, but here is what I got:
Has anyone on planet Earth read the entire bill? Yes, I have and thousands others
If anyone has read it, does anyone understand it? - of course not. Some of the wording is deliberately murky so it is open to interpretation.
Is this bill intended to “Make America Great Again”, or is it intended for Israel, Ukraine, and NATO? - I'm not sure what you mean and don't know how to anwser. Israel does need our help but Ukraine is on thin ice with the US and NATO is being reevaluated. It may go away.
How much is it going to cost the American taxpayer? (The REAL cost) - that is unknown mostly because of the future value of the dollar but todays estimates are about:
Thomas, here is my POV:
The bill is projected to add approximately $5.7 trillion to the national debt over the next decade. This increase is primarily due to the permanent extension of the 2017 Tax Cuts and Jobs Act provisions and heightened defense spending. A higher national debt may lead to increased interest rates and potential future tax hikes to service the debt, impacting all Americans.
While the bill increases the maximum Child Tax Credit from $2,000 to $2,500 per child, it does not adjust the income thresholds for eligibility. Consequently, approximately 22 million children, or 1 in 3 under age 17, would be ineligible for the full credit due to their family's income level. This change disproportionately affects low- and moderate-income families, particularly those headed by single parents and families of color.
The bill proposes the termination of several clean energy tax credits, including those for solar, wind, and nuclear energy projects. This move could lead to higher energy costs for consumers and a slowdown in the growth of the renewable energy sector, potentially resulting in job losses and reduced investment in sustainable infrastructure.
An additional $150 billion is allocated to defense, focusing on advanced technologies such as drones. While this may bolster national security, it represents a significant expenditure that could divert funds from domestic programs and services.
....and they are not done with it yet! Could be more or less when (if) it's reaches the President's desk.
I asked whether anyone understands the bill and your answer was: “of course not.” That certainly is my assessment as well. I believe that no one in congress ever understands what they are voting for. They just vote the way their big money donors demand. So much for the constituents they are supposed to represent.
Israel needs our help? TO DO WHAT? Israel can alienate the rest of the world without our help. They’ve excelled at it since 1917.
Is that what the large increase in defense spending is for?
We agree the 'Of course not' is spot on. Some of the bill is understandable. Israel. We have several military bases in Israel some on the map and some not so we can launch to almost anywhere in the Mid Est. and it is outside of the defense budget, ear marked for Israel defense. Also, some of the training for the alphabet agencys is there, once again outside of the Defense budget.
BTW - Israel didn't exist in 1917 so please share with me your point.
Steve, you know very well what is meant by the year 1917. I’m sure you’ve read the Balfour Declaration as many times as I have. The Rothschilds and the Zionists actually formulated their plan for a state of Israel in 1897. Although the state of Israel wasn’t formally declared until 1948, the Jews have been systematically exterminating the Palestinians since 1920.
How dare those Palestinian people get mad just because the Brits stole their land, their homes, and everything they owned and gave it all to Lord Rothschild. Please consider my point shared.
BTW – Why is Israel allowed to possess nuclear weapons, but its Arab neighbors are NOT?
The President cannot add anything to a bill after it has passed the House and is being considered in the Senate.
Legislative Process:
Role of the President:
The President’s role only begins after both chambers pass the final bill.
At that point, the President can:
Important:
The President cannot edit, add, or amend a bill during the legislative process. Presidents can try to influence legislation indirectly by lobbying members of Congress, suggesting language, or setting a policy agenda, but they have no formal role in editing bills mid-process.