#TrumpTaxScam
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jhansigirl.bsky.social
Trump MISCALCULATES as Federal Judges Examine Blanche’s Tax Evasion Immu... youtu.be/mor2pJ86WOQ?... #TrumpTaxScam
Trump MISCALCULATES as Federal Judges Examine Blanche’s Tax Evasion Immunity Order!!!
YouTube video by Legal AF
youtu.be
August 5, 2026 at 7:29 PM
jhansigirl.bsky.social
Cornyn and Tillis cave on Blanche youtube.com/shorts/h1FWi... #TrumpTaxScam
Cornyn and Tillis cave on Blanche
YouTube video by Lawyer Oyer
youtube.com
August 4, 2026 at 5:59 PM
jhansigirl.bsky.social
Top Fox News lawyer GOES NUCLEAR on GOP youtu.be/JGk8YFsVxTg?... #TrumpTaxScam
Top Fox News lawyer GOES NUCLEAR on GOP
YouTube video by Pondering Politics
youtu.be
August 4, 2026 at 5:56 PM
jhansigirl.bsky.social
Sen. Kennedy ADMITS the AG problem is “in the White House” youtu.be/LCtcw3L3hzE?... #TrumpTaxScam
Sen. Kennedy ADMITS the AG problem is “in the White House”
YouTube video by Daniel Reed
youtu.be
August 4, 2026 at 5:23 PM
teracehope.bsky.social
#TrumpTaxScam
#Trumplies
#EndTrumpism
#Trumpsafelon
joncooper-us.bsky.social Jon Cooper @joncooper-us.bsky.social · May 22
💰 Trump’s tax bill would ADD $3.8 trillion to the deficit

💰 Trump’s tax bill would ADD $3.8 trillion to the deficit

💰 Trump’s tax bill would ADD $3.8 trillion to the deficit

💰 Trump’s tax bill would ADD $3.8 trillion to the deficit
#TrumpTaxScam
May 22, 2025 at 2:29 PM
bambootoo.bsky.social
‘47% of Latino voters had an unfavorable view of the Democratic Party, compared to 43% favorable. For Republicans, the gap was even wider: 53% unfavorable to just 37% favorable… how quickly trust can erode when campaign promises meet lived experience.’ #Trumpcession #TrumpTaxScam #TrumpTariffs
administration has ramped up mass immigration enforcement and broadcast Immigration and Customs Enforcement raids on traditional and social media. The White House lined up mug shots of arrested immigrants on the North Lawn. Reports surfaced of ICE profiling Latinos as gang members because of tattoos and baseball hats. The administration deported people with protected legal status to a prison in El Salvador. U.S.-citizen children are being deported. And Trump signed executive orders making English the country's official language and even requiring English "proficiency" for truck drivers. On the economy, a topic that still polls as Latinos' top issue, tariffs on imports from Mexico were announced, then switched, then announced again. The "Liberation Day" rollout of tariffs on most countries around the world was just as disastrous. Recession fears are real, and Latinos will feel the brunt of it. Elsewhere, Trump and Republicans seem likely to cut student loans and Medicaid, programs that disproportionately impact Latino communities. For instance, Latinos account for 30% of all Medicaid enrollees nationwide between 18 and 64 years old, a reflection of how deeply these public oystems are woven into Latino Community Foundation CEO Julian Castro. "At LCF, we are listening closely to the voices of our communities, and what we're hearing is deep concern abou the cost of living and the lack of real solutions. Economic relief was promised, and our community is still waiting. The Latino vote is not a blank check." [pull quote:] The LCF/VL poll found that both major parties are viewed more unfavorably than favorably. The LCF/VL poll found that 63% of Latino voters believe Trump has gone too far on immigration. Forty-four percent said they were worried someone close to them could be deported. On the economy, 68% said things are getting worse or staying the same in a bad way. Forty-three percent reported that their family is struggling to keep up with everyday expenses. And among those who rated their situation as "barely getting by," 91% said Trump's tariffs will increase inflation. When asked to describe how they felt about the administration's first 100 days, the The UnidosUS poll told a similar story. Nearly two-thirds of Latino voters said the country is heading in the wrong direction, and 70% of them blamed President Trump. Fifty-four percent said the economy is worse than it was a year ago, half expect things to keep getting worse and 49% blamed Trump for the rising cost of living. Sixty percent said the administration is not focused enough on making everyday necessities more affordable. And when asked about the broader impact, two-thirds said his tariffs will reduce their economic opportunity and security by raising prices on goods and services. Latino voters are living this every day, and the promises of a second Trump administration are already collapsing under the weight of reality. "Latino voters are frustrated that their economic priorities are being ignored and that a key promise made by President Trump during the election is not being kept. Economic discontent was the most potent driver in the 2024 election, helping President Trump increase support among Latinos. But over half of Hispanic voters feel the economy is worse now than a year ago, and nearly as many believe it will be worse a year from now," said Janet Murguia
May 12, 2025 at 6:42 PM
bambootoo.bsky.social
‘Trump’s 145 percent tariffs on Chinese goods — and Beijing’s triple-digit retaliation — are bringing a swift halt to the trans-Pacific flow of electronics, clothing, furniture, industrial parts and everything else that the world’s two largest economies exchange.’ #Trumpcession #TrumpTaxScam
If Trump persists in trying to remake the U.S. economy into a bastion of self-sufficiency, port communities will see growth prospects dented here [Los Angeles] and in places such as Seattle; Houston; Savannah, Georgia; Baltimore; and New York. One out of 9 jobs in a five-county Southern California region is tied to the flow of cargo, according to Gene Seroka, executive director of the Port of Los Angeles. That's more than 1 million people, including freight forwarders, brokers, warehouse workers, truck drivers and dockworkers. "We are feeling the impact. It's already happening," she said. First to see their hours cut are the "casuals," on-call workers who do not have guaranteed schedules. Under the union contract, full-time dockworkers are guaranteed some pay even when there is no work. But some now are working fewer shifts or lower-paying jobs than they normally perform. On Friday, there was enough work for only 33 longshore "gangs," down from 50 in mid-April. (Gang sizes vary but generally include about 12 workers.) Sal DiCostanzo, the union's port liaison, with 18 years on the docks, said workers hope to stay busy during the current slowdown performing equipment maintenance. But the uncertainty is taking a toll. "The quieter it gets, the higher the anxiety will be. And we honestly don't know when this will end," he said. Trump so far has shown little sympathy for those affected by the port slowdown. Last week, he called it "a good thing, not a bad thing," since it means less of the "unfair" trade with China that he says has hollowed out American manufacturing. At least for now, Trump's tariffs are acting like a tourniquet on the flow of goods from Chinese factories to American customers. For the first time since China joined the global trading system in 2001, Americans are not buying large quantities of inexpensive made-in-China merchandise. Chinese export factories still hum. But increasingly, their products go to customers in Europe, Southeast Asia and Africa rather from a decade ago. A number of smaller trucking companies recently filed for bankruptcy, according to FreightWaves, an industry publication. The stock values of major trucking companies including J.B. Hunt and Schneider National have lost more than 20 percent this year. At TGS Logistics, a trucking firm based in Fresno, California, Robert Loya, the chief operating officer, has laid off 20 drivers and six office workers in the past three months. Unless cargo volumes rebound soon, he fears he will need to let more people go. To conserve cash, TGS abandoned the purchase of more than two dozen $250,000 trucks and is considering outsourcing some back-office jobs to nations such as Colombia, as many of its competitors already have done.
May 11, 2025 at 9:35 PM
bambootoo.bsky.social
“There’s three years of work behind it, and they canceled it to save $866.”

Elon, Trump, & GOP are LYING when they say DOGE is for saving money. It’s actually for destroying government while they raid the U.S. Treasury for gigantic tax cuts. #RAGE #Yarvin #TrumpTaxScam #TrumpTariffs #Trumpcession
Austin, though, studies air quality in the UW's Department of Environmental & Occupational Health Sciences. She looks at how particulates or chemicals in the air affect people, from school kids to agricultural workers. [photo with this caption:] Elena Austin, a professor of environmental health at UW, holds an... (Ellen M. Banner / The Seattle Times) Shortly after DOGE listed her grant on its trophy wall, she got a termination email. It said her grant had been zeroed out "effective immediately, on the grounds that the award no longer effectuates the program's goals or agency priorities."
May 11, 2025 at 5:26 PM
bambootoo.bsky.social
‘Republicans want to permanently extend [Trump’s tax cuts for the rich] before they expire… The likeliest outcome…is a bill that adds trillions to federal deficits, which could cause an already shaky economy to collapse.’ #TrumpTaxScam #Trumpcession
Free version. www.theatlantic.com/politics/arc...
For years, fiscal hawks have warned that America's ever-increasing debt (now more than $36 trillion) will provoke a crisis: Markets will crater and interest rates will spike. Even as both parties have run up the nation's tab, these doomsday predictions haven't come true, leading to an unspoken bipartisan understanding that growing the deficit would never really wreck the economy. But Trump's proposals could shatter that assumption. Read: Congressional Republicans might set off the debt bomb "It's a significant risk," Mark Zandi, the chief economist at Moody's Analytics, told me. Enacting Trump's agenda would probably be a "corrosive event" rather than an immediate disaster, he said, but "there is a reasonable probability that we go over the cliff." Trump's aggressive tariffs already prompted a steep sell-off in the bond markets, which analysts monitor for signs In addition to making his first-term tax cuts permanent, Trump wants Congress to eliminate a suite of taxes—on tips, overtime pay, and Social Security benefits—while adding hundreds of billions in new spending to secure the southern border and bolster the military. As the fiscal analyst Jessica Reidl observed last month in The Atlantic, the GOP's budget resolution would, if enacted, add more to federal deficits than the four costliest bills signed by Trump (during his first term) and former President Joe Biden combined. A more fiscally responsible approach would offset Trump's tax cuts with spending reductions and revenue increases elsewhere. Both House Speaker Mike Johnson and Senate Majority Leader John Thune have said Republicans want to cut as much as $1.5 trillion in spending over the next decade. But most analysts doubt they'll be able to trim nearly that much. Tax hikes are anathema to most Republicans, and a push by conservatives for deep spending has met resistance from moderate and electorally Meanwhile, Republicans are loath to cut any of the main drivers of debt: Medicare, Social Security, and defense spending. (In fact, they are planning to increase the Pentagon's budget.) The most expensive program they're targeting is Medicaid, but a sizable group of lawmakers in the House and Senate fears that cutting health-care benefits for the poor will lead to voter backlash—a concern the White House reportedly shares. Even if Republicans manage to slash $1.5 trillion, they would cover only a fraction of the price of extending the Trump tax cuts. The party claims that lower taxes will generate more revenue through economic growth, and the president says his tariffs can make up the rest of the cost. But analysts are, once again, doubtful. Holtz-Eakin, who advised the late Senator John McCain and now heads the center-right think tank American Action Forum, told me the tariffs won't generate anywhere close to enough money. "The administration is completely incoherent on this stuff," Holtz-Eakin said. about the proposal. If the plan collapses, taxes will automatically go up for nearly all Americans next year, which Holtz-Eakin described as the worst-case scenario. If the economy isn't already in a recession by that point, the resulting tax hike could trigger one. "Failure is not an option," he told me. "They have to avoid the sunset." To prevent this outcome, Republicans have some decisions to make. Here are five of the biggest. 1) Medicaid The most substantial source of potential spending cuts for the GOP is also the most politically fraught. Republicans are considering two major changes to Medicaid: instituting work requirements for some recipients, and scaling back the expansion that Democrats enacted in 2010 through the Affordable Care Act. The party's budget instructs the House committee that oversees federal health insurance to find $880 billion in cuts, much of which would likely come fuom Medicaid Rut at lanet a dosen
May 5, 2025 at 11:20 PM
bambootoo.bsky.social
‘53% of rural voters disapprove of Trump's handling of tariffs, while 39% approve. / Meanwhile, 57% said they expect grocery prices to rise over the next 6 months. Only 19% said they think prices will decrease, and 24% said they will stay the same.’ #TrumpTariffs #Trumpcession #TrumpTaxScam
BREAKING Donald Trump Dismisses Price Increases — "That's Peanuts' Newsweek's tracker shows that Trump's approval rating currently stands at 44 percent, while 52 percent disapprove, marking one of his lowest approval ratings to date. Donald Trump's Job Approval Rating Polling average for 05/02/25 [chart showing steadily rising red line of disapproval and steadily sinking black line of approval] Meanwhile, the latest CNN poll, conducted April 17-24 among 1,678 respondents, suggested that he had the lowest approval rating for any president after 100 days since Dwight D. Eisenhower and that Trump is now less popular than he was at the same point during his first term. Poll Date Approve Disapprove Rasmussen May 1 50 49 ActiVote March 31-April 29 45 51 YouGov/Yahoo April 25-28 42 53 Emerson College April 25-28 45 45 Economist/YouGov April 25-28 42 52 Ipsos/Reuters April 25-27 42 53 Morning Consult April 25-27 45 53 Navigator Research April 24-28 44 54 J.L. Partners April 23-28 45 55 Decision Desk/News Nation April 23-27 44 56
May 4, 2025 at 3:15 PM
bambootoo.bsky.social
‘“Maybe some of this negativity is due to a rush to bring in imports before the tariffs go up, but there is simply no way for policy advisors to sugar-coat this. Growth has simply vanished,” said Chris Rupkey, chief economist at Fwdbonds.’ #Trumpcession #TrumpRecession #TrumpTariffs #TrumpTaxScam
April 30, 2025 at 2:23 PM
bambootoo.bsky.social
Rep. Mike Lawler (Republican self-described ‘moderate’ expected to run for New York state governor): “Taxing the rich is not going to close our budget deficit… What rate would you propose?”

Man in audience: “Just do it!”

#TrumpTariffs #TrumpTaxScam #Trumpcession
www.msnbc.com/morning-joe/...
Republican House member faces tough town hall crowd
Rep. Mike Lawler, R-NY, faced a tough crowd Sunday evening during a town hall event.
www.msnbc.com
April 28, 2025 at 5:01 PM
bambootoo.bsky.social
‘It was once true that voters would tell us they disliked Trump but liked his policies. These working class voters, now a major part of his core coalition, are turning against his policies…on…the economy and affordability.’ #TrumpTariffs #TrumpTaxScam open.substack.com/pub/workingc...
*SPECIAL* New Poll: Warning Signs on the Economy for Trump and Republicans Among the Working Class
The Working Class Project conducted a new survey of registered working class voters, who express serious concerns with tariffs, DOGE cuts, and GOP budget proposals
open.substack.com
April 28, 2025 at 4:19 PM
bambootoo.bsky.social
‘The $135B cost to taxpayers doesn't include the expense of defending multiple lawsuits challenging DOGE's actions, nor the impact of estimated lost tax collections due to staff cuts at the IRS.’ #coup #Trumpcession #TrumpTaxScam #TrumpRecession
April 28, 2025 at 4:09 PM
bambootoo.bsky.social
‘if you’re a conventional thinker in a system that rewards conventional thinking, it’s going to be really hard for you to see & understand…But it’s not a [conspiracy] theory if it’s happening‘ #DOGE #coup #FreedomCities #NetworkStates #TrumpTaxScam #Trumpcession www.thenerdreich.com/curtis-yarvi...
Curtis Yarvin celebrated in SF, and at 'Harvard'
Dark Enlightenment and NRx guru Curtis Yarvin celebrated by San Francisco publication and platformed by a Harvard University professor
www.thenerdreich.com
April 22, 2025 at 4:28 PM
bambootoo.bsky.social
#Trumpcession #TrumpRecession #TrumpTaxScam
April 21, 2025 at 7:50 PM
bambootoo.bsky.social
Couldn’t help but notice the word “uncertainty” appears four times in this article about the U.S. economy. #TrumpChaos #TrumpTariffs #TrumpTaxScam #TrumpRecession
April 16, 2025 at 4:42 AM
bambootoo.bsky.social
‘Who in Trump’s immediate circle will benefit from the lifting of sanctions?… Have the Russians made explicit financial offers already, and to whom? The rare-minerals deal now being negotiated with Ukraine deserves especially close scrutiny.’ #TrumpRussia #TrumpTaxScam #corruption
Once upon a time (and not even that long ago), blatant conflicts of interest, especially involving foreign entities, yere something presidents sought to avoid. No previous inhabitant of the White House would have wanted to be seen doing personal business with companies from countries that seek to influence American foreign policy. Such dealings risk violating the Constitution, which prohibits government officials from accepting "gifts, titles or emoluments from foreign governments." But during Trump's first term, the court system largely blew off his commercial entanglements. Now he not only does business with foreign as well as domestic companies that have a direct interest in his policies, he advertises and celebrates them. We know the identities of the golf-tournament sponsors not because investigative journalists burrowed deep into secret contracts, but because they appear on official websites and were displayed on a Trump's family also created a cryptocurrency business, World Liberty Financial, that could, in practice, serve as a vehicle for anyone to pay him indirect bribes. Nobody around him objected. After Trump's return to office, his administration, unbothered by appearances of impropriety, did indeed quickly suspend a civil investigation into Justin Sun, a Chinese entrepreneur and an adviser to World Liberty Financial, who had also invested at least $75 million in the company. More recently, The Wall Street Journal discovered that executives from Binance, the cryptocurrency exchange, met with Treasury officials to ask for looser oversight, even while they were at the same time negotiating a private business deal with World Liberty Financial. In the past, Binance has been fined $4.3 billion, a record, for letting terrorists, drug traftickers, and people under sanction use its exchange, institutions too. Trump ordered a full work stoppage at the Consumer Financial Protection Bureau, which had been created to protect consumers from manipulation by banks and other financial institutions He has fired top officials overseeing ethics, whistleblower protections, and labor rights including the heads of the Office of Government Ethics, the Office of Special Counsel, and the Merit Systems Protection Board. Meanwhile, Justice Department officials are drafting plans to reduce investigations of fraud and public corruption, which means that prosecuting crooked officials will be more difficult. Cuts to the IRS mean that tax fraud will also be harder to identity and prosecute. Just last week, the Justice Department announced that it would curtail investigations of cryptocurrency fraud and disband its National Cryptocurrency Enforcement Leam. The right question to ask about Trump's tariff policy is also financial: How will this enormous change to American trade policy benefit Trump? One answer is already clear. The countries and large companies damaged by these tariffs, some of which could face huge losses or even bankruptcy, will have an enormous incentive to play up to the president, to offer him political donations, and maybe even to offer business deals to him, his family, or his friends in order to get some kind of exception made for themselves or their industry. In a law-abiding administration, personal finances wouldn't be an important part of the public debate. But this administration's leaders have decided that laws and norms of behavior that have held for a century or more don't apply to them. The Republican-led Congress has so far decided not to enforce them either. It's now up to the
April 14, 2025 at 11:39 AM
bambootoo.bsky.social
‘On the economy, inflation, the DOGE cuts, Russia-Ukraine, and more, he’s in the red. The American people are beginning to catch the distinct scent that they were conned.’ #TrumpTaxScam #TrumpRecession #TrumpTariffs
doing the heavy lifting. The disinformation bubble that surrounds and encases and protects him and spins everything he does positively and spins everything his opponents do as corrupt or treasonous—that dread machine is still running at peak capacity. And let's be honest about how corrupt this corrupt Tilt-a-Whirl really is: If this was a Democratic president pulling these kind of schemes, this same media infrastructure would be apoplectic. Your hair was probably about as on fire as mine was late last week when we learned that Trump skipped honoring the four American soldiers who died in Lithuania last month in a training accident and whose bodies were returned to Dover Air Base last Thursday. He was flying down to Florida to host (at one of his resorts) a golf tournament paid for by Saudi Arabia and to hold some fundraisers. This, right after tanking the economy with his tariff announcement, which flushed billions of dollars of hardworking people’s dollars of hardworking people's retirement savings down the drain. That's about five kinds of sick. Any decent American should be ashamed. Imagine Barack Obama had skipped the return of soldiers' bodies to Dover for a round of golf. Fox would see to it that such an episode hounded him to his grave. But if Fox News reported on Trump doing this, I can't find any evidence of it. My Google search turned up evidence of some Fox stories on the search for the soldiers, but nothing about Trump and the ceremony. I did read that the families had requested that no media be present. That was no doubt a disincentive for Trump to bother showing up-along with the Saudi lucre to be lapped up down in Florida. Lies of omission, lies of commission, repeatedly endlessly, piled one on top of the other, recycled as necessary. Have you heard about Volodymyr Zelenskiy's mansion in Florida? No? Well, sister, get your nose out of deep-state sheets like The New Republic and start reading some "real" news. If you do, you'll learn that the Ukrainian leader's Florida manse, variously priced at anywhere from $11 million to $35 million, is one of just 15 homes he owns, to say nothing of his three planes, his $1.2 billion Swiss bank account, and his monthly income of $11 million. Needless to say, there isn't a scintilla of reliable documentation for any of this story. For sure, the guy isn't poor. Zelenskly was a big TV star, and I guess that makes you money even in Ukraine. But he's no billionaire, and none of this nonsense is true. It's an old rumor that resurfaces whenever it's handy—such as last month, after Trump's shameful
April 13, 2025 at 9:44 AM
bambootoo.bsky.social
‘Trump himself is certainly to blame. Yet many of the people I have spoken with lay blame at the feet not of the president, but of the legislature, which refuses to assert itself as a co-equal branch of government.’ #TrumpRecession #TrumpTaxScam #corruption
The right to levy taxes is reserved for Congress, not the president. To enact these tariffs, Trump is using emergency powers that he has invoked because of what he views as a "national emergency posed by the large and persistent trade deficit" between the U.S. and other countries. This is a breathtaking use of these powers; the International Emergency Economic Powers Act of 1977 was meant for an "unusual and extraordinary threat," which, of course, trade deficits are not. According to the Brennan Center for Justice, no president has ever invoked tariff authority through this law. As a result, Congress or the courts could constrain him. "Somebody in the federal government is going to need to demonstrate that these laws on the books are not blank checks for a single individual to destroy trillions of dollars of wealth with the stroke of a pen," Lincicome argued to me.
April 12, 2025 at 9:57 PM
bambootoo.bsky.social
‘Manufacturing overseas can create certain jobs here by offering a more affordable product. In the end, you may actually see a *loss* of US jobs as fewer people pay for $220 sneakers, both at home and abroad.’ #TrumpTariffs #TrumpTaxScam xcancel.com/dieworkwear/...
Screen snap of a cross post by @dieworkwear from Xcancel
April 10, 2025 at 3:56 AM
bambootoo.bsky.social
‘Dozens of House Republicans are undecided or outright opposed to rubber-stamping a Senate-approved budget blueprint for the GOP’s domestic policy megabill… If Johnson and Trump can’t flip most of them in the next 48 hours, lawmakers will start to board flights for a two-week recess’ #TrumpTaxScam
"Why am I voting on a budget based on promises that I don't believe are going to materialize?" one key GOP holdout, Rep. Chip Roy of Texas, said about the Senate plan. Roy and other hard-right members have bristled previously at Johnson's big legislative moves, requiring significant attention from GOP whips and sometimes from Trump himself. But previous mutinies stayed relatively small and manageable. This time, the opposition is piling up and rebellion is seemingly in the air as deficit hawks across the Republican conference dig in to secure deep cuts to federal spending. What's also different is how determined some members are to defy Trump, who has repeatedly intervened at key junctures this year to help bring holdouts along. Last month, he threatened to boost primary challengers to unseat the one House Republican who voted against the GOP spending bill to avoid a shutdown. Trump piled on the pressure Tuesday night at a gala dinner for the House GOP's campaign arm. "In case there are a couple of Republicans out there [in opposition], you just got to get there," he said. "Close your eyes and get there. It's a phenomenal bill. Stop grandstanding." "The alternative," the president added, "is hell." But right now, the holdouts are enjoying strength in numbers. Trump this week urged House Republicans to "QUICKLY" green-light the revamped budget. To his face Tuesday, several said "no." Roy indicated at the White House meeting with Trump that he would oppose the budget plan, according to two Republicans with direct knowledge of the matter. Another prominent leader - House Freedom Caucus Chair Andy Harris (R-Md.) - even turned down an invitation to the meeting, saying Trump was "just not going to change my mind."
April 9, 2025 at 2:10 PM
bambootoo.bsky.social
Trump wants to pump up the U.S. Treasury with tariffs then suck it dry via a massive tax cut for himself and his billionaire backers. He will lie about “fraud” etc. and raise tariffs toward that goal. Maybe he backs off if something interferes with money flowing into U.S. coffers. #TrumpTaxScam
April 7, 2025 at 4:14 PM
bambootoo.bsky.social
‘Speaking via video call to a conference of Italian right-wing politicians on Saturday, billionaire Trump funder Elon Musk said he hopes Europe and the United States will eliminate all tariffs between them.’ Ha!

#DOGE #TrumpTariffs #Trumpcession #TrumpRecession #TrumpTaxScam #ImpeachTheFelon
with a nonprofit backed by right-wing megadonor Charles Koch leading a lawsuit against the tariffs, while some Republicans in both chambers of Congress are organizing a legislative effort to roll them back. And though administration officials remain in lockstep in their support of Trump, some of the president's most vocal supporters are beginning to question the moves. Speaking via video call to a conference of Italian right-wing politicians on Saturday, billionaire Trump funder Elon Musk said he hopes Europe and the United States will eliminate all tariffs between them. Hedge-fund investor Bill Ackman, a regular defender of Trump, said on X on Saturday that he thinks the president will delay the tariffs on Monday as Trump works through negotiations with countries that are willing to lower their own trade barriers. "The risk of not doing so is that the massive increase in uncertainty drives the economy into a recession, potentially a severe one," Ackman wrote. Ben Shapiro, the right-wing pundit and cofounder of the Daily Wire, called the tariffs "probably unconstitutional" and illogical, and the Wall Street Journal's editorial board, as well as guests on Fox News, have criticized the tariffs. The Dow Jones Industrial Average, a basket of stocks representing 30 big, well-known companies, hit an all-time high of just over 45,000 in December. It was at around 38,000 when the market closed Friday - which came on the heels of the worst quarter for stocks since spring 2022. Meanwhile, GOP opposition to the tariffs is growing. Rep. Don Bacon (R-Nebraska) said Sunday on CBS's "Face the Nation" that on Monday he will unveil some of the support for his House bill, a companion to a Senate bill that aims to bring back control of tariffs to Congress. The move is notable because the House has already passed a procedural vote to prevent the chamber from voting on any proposed bill ending Trump's emergency declaration on tariffs against Mexico, Canada and China. "It will be harder to pass this in the House, no doubt," Bacon conceded. "I think if we get 60 votes in the Senate it'll put pressure on the House to look at this, and if we continue to see the stock market go in a certain direction or if we see inflation or unemployment shift in a bad way, I think this bill becomes very viable." People voted for Trump because of inflation, immigration and crime, he noted, adding, "I don't think tariffs was really a big factor in peoples' decision-making in electing him last November."
April 6, 2025 at 10:36 PM
bambootoo.bsky.social
‘I don’t think these tariffs themselves will last. The pain will be too widely distributed, the ideological hold is too thin and the path to overturning them too clear.’ From your website to God’s ears… #TrumpTariffs #TrumpTaxScam #TrumpRecession
April 3, 2025 at 3:54 PM