D’s Feeling The Pain,In The End The D Party Will Cease To Exist Once It’s All Exposed – Ep. 3588

Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture The [CB] has started the narrative that the tax cuts are going to the wealthy and his policies will bring the country into a recession. The country is already in a recession. Trump has now added more tariffs to the mix. Canada and Mexico will fold and give in to his demands. Tariffs will create jobs over the long run. The economic transition has begun. The [DS] is feeling the pain, they were put on display during Trumps congressional speech. The people saw how the Ds hate our country and how they were protecting their money laundering operation. The pain they are feeling will increase as their crimes are released to the public. In the end the D party will cease to exist once it’s all exposed.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy Trump’s lies on tax cuts are another gut punch to America’s working-class  You know the old expression, numbers don’t lie?   Well, they do when the numbers come out of President Trump’s mouth.  Trump’s numbers don’t add up. If he were getting a math grade for his speech to the joint session of Congress, he’d fail miserably.  Trump is worse than a student who hasn’t done his homework. He’s a president who routinely lies to mislead the public, justify his wrongdoing and distract us from the real harm he’s doing to Americans and the lasting damage he’s doing to America.  Trump made a lot of promises about a new “golden age” for America. But in reality, he and congressional Republicans are getting ready to sell out Americans and our future so he can deliver massive tax cuts to billionaires like Elon Musk.  Source: thehill.com Yes, the $4.5 trillion in tax cuts you’re referring to is largely tied to the continuation of the Trump tax cuts, specifically those enacted under the 2017 Tax Cuts and Jobs Act (TCJA). Many of the TCJA’s provisions, particularly the individual income tax cuts, are set to expire at the end of 2025. Extending these expiring provisions is a significant part of what’s being discussed in current budget proposals. The Congressional Budget Office (CBO) and other analyses estimate that permanently extending the TCJA’s individual, estate, and certain business tax provisions would cost around $4.6 trillion over a 10-year period (2025–2034), including debt service costs. This figure aligns closely with the $4.5 trillion often cited in recent Republican budget resolutions, such as the House Budget Committee’s plan released in February 2025. That proposal explicitly allocates $4.5 trillion to the Ways and Means Committee to “lock in tax cuts,” which is widely understood to mean extending the TCJA provisions that would otherwise expire.   The TCJA lowered rates across all brackets. For example, the 15% bracket dropped to 12%, and the 25% bracket became 22%. If it expires, rates revert to pre-2017 levels (10%, 15%, 25%, 28%, 33%, 35%, 39.6%). A single filer earning $50,000 in 2025, for instance, would see their marginal rate jump from 22% to 25%, increasing their tax bill by a few hundred dollars annually. Standard Deduction: The TCJA nearly doubled it—$13,850 for singles and $27,700 for married couples in 2023 (adjusted yearly for inflation). Post-expiration, it drops back to around $6,350 and $12,700 (pre-2017 levels, plus inflation). This means more income gets taxed, especially for those who don’t itemize, which is most working people. A couple taking the $27,700 deduction now could owe taxes on an extra $15,000 or so, adding roughly $3,000 to their bill at a 22% rate. Child Tax Credit: The TCJA bumped it to $2,000 per kid (with $1,400 refundable). Expiration reverts it to $1,000, nonrefundable. A family with two kids earning $60,000 might lose $2,000 in credits, directly hiking their taxes or shrinking their refund.  Middle- and lower-income workers feel this most. The Tax Policy Center estimates that in 2027, if the cuts expire, households earning $50,000–$100,000 (think teachers, retail managers, tradespeople) would see taxes rise by $1,000–$2,000 on average.   Beware a recession that could be triggered by a chain reaction of tariff risk, Wall Street exec says  A Wall Street executive said this week that the US economy could tip into a recession as soon as the second half of this year thanks to the consequences of tariffs. Jeffrey Solomon, the president of TD Cowen, is among a small but growing group of forecasters on Wall Street who say a downturn is on their radar for 2025, despite most economists’ predictions that the US will head for a soft landing. Solomon said that’s partly because of tail risks looming over the economy, pointing to Trump’s latest round of tariffs on imports from Canada, China, and Mexico. Signs of an economic slowdown are already beginning to appear. The Atlanta Fed’s GDPNow tracker indicates that GDP is expected to contract by 2.8% in the first quarter. That would represent the first contraction in the economy since 2022, when the US slipped into a brief technical recession. source: businessinsider.com https://twitter.com/_johnnymaga/status/1897014219775865224 IRS May Fire Half Of Its 90,000-Strong Workforce: Latest Leak According to the report, “The layoffs are part of the Trump administration’s efforts to shrink the size of the federal workforce through billionaire Elon Musk’s Department of Government Efficiency by closing agencies, laying off nearly all probationary employees who have not yet gained civil service protection and offering buyouts to almost all federal employees through a “deferred resignation program” to quickly reduce the government workforce.” Source: zerohedge.com https://twitter.com/tacokiwi2024/status/1896663283286876271 https://twitter.com/BuzzPatterson/status/1897061086396064251 Trump announces 1-month delay on Canada, Mexico tariffs for cars President Trump’s decision to grant a one-month exemption to automakers from the 25% tariffs on imports from Mexico and Canada appears to be tied to the United States-Mexico-Canada Agreement (USMCA). The exemption specifically applies to autos coming through the USMCA framework, suggesting it was designed to provide relief to U.S. automakers who rely heavily on integrated North American supply chains established under this trade agreement. The reasoning behind this move likely stems from pressure from the “Big Three” U.S. automakers—Ford, General Motors, and Stellantis—whose leaders reportedly spoke with Trump directly. These companies have significant manufacturing operations across the U.S., Canada, and Mexico, and their vehicles often comply with the USMCA’s strict rules of origin, which require 75% of a vehicle’s content to be sourced from North America for tariff-free trade. A blanket 25% tariff would have disrupted this system, potentially raising costs by billions and threatening production, as parts and vehicles cross borders multiple times during assembly. For example, analysts estimated that such tariffs could add thousands of dollars to the price of each vehicle, disproportionately affecting these automakers and, by extension, U.S. consumers and jobs. Trump announces reciprocal tariffs on India US President Donald Trump on Tuesday slammed the high tariffs used by India and other countries including China and the European Union as “very unfair,” and announced that reciprocal tariffs will kick in on April 2. The announcement came on the heels of a meeting in Washington between the US and Indian leaders, where they discussed expanding trade. Addressing a joint session of Congress, Trump stated: “India charges us auto tariffs higher than 100%. It’s very unfair.” He went on to add that “On average, the European Union, China, Brazil, India-Mexico and Canada – have you heard of them? – and countless other nations charge us tremendously higher tariffs than we charge them. It’s very unfair.” Source: rt.com  India imposes tariffs as high as 50% or more on U.S. agricultural goods. For example, apples, almonds, walnuts, and pulses (like chickpeas and lentils) have faced duties ranging from 30% to 100% in the past, though some retaliatory tariffs on items l...