Republicans caught the car on foreign aid
The DOGE foreign aid rescission bill has passed both houses and will be finished and sent to Trump soon. Now, when people are asked what should be cut to balance the budget, interviewers will have to say, as a follow up, "Did you know that Trump cut foreign aid?" The target get harder to meet now, but the coalition is there to give Trump what he wants. In the end, if budget deficit reduction is really important, the only real means is to increase business, interest and capital gains (asset value added) taxes to 26% or 27%. 31% would be enough to start undoing capitalism, but we don't need to do that today. Like any populist frenzy, however, there is never enough progress.
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