Trump’s “Big Beautiful Bill” Is a Grotesque Giveaway to Fossil Fuel Billionaires While Adding $3.3 Trillion to Nation’s Debt

By Pam Martens and Russ Martens: June 30, 2025 ~ Aren’t Republicans the candidates who got elected promising to bring down the spiraling U.S. debt and annual deficits? Yesterday, the national debt clocked in at $37 trillion as the Congressional Budget Office (CBO) released a report showing that President Donald Trump’s “One Big Beautiful Bill Act” would add $3.3 trillion to the national debt over the next decade. Donald Trump has been a master of Orwell’s reverse-speak throughout his life. So when he labels federal legislation “Beautiful” when it actually gives massive tax breaks to the wealthiest Americans while cutting critical food and health care benefits to the poor and middle class, Americans should finally accept that they have a clear window into the soul and sociopathy of multi-billionaire Donald Trump. Among the biggest winners, of course, is the fossil fuel industry and the political kingpin of that industry, Charles Koch, … Continue reading →

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(Anti-De) Not all republicans, all Republican politicians.  Who weren’t always.  In my lifetime, in my children’s lifetimes, patriotic, democracy loving Republican politicians were common.  Now, I challenge anyone to name one Republican congressional member worth spit. Before the Republican party’s infamous ‘southern strategy’, liberal, honest Republican politicians were not uncommon.  One could easily name a […]

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“China Rare Earth Ban Disrupts Automotive Production,” Automotive Manufacturing Solutions Since early April, Chinese customs officials have blocked shipments of rare earth magnets at numerous ports. This halt comes as Beijing drafts a new regulatory framework for export licensing, a move interpreted as retaliation for the US government’s latest round of tariffs. The materials in […]

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So it looks like Elon and I agree on something. Great minds think alike. Fools seldom differ. “WASHINGTON (AP) — Elon Musk on Saturday doubled down on his distaste for President Donald Trump’s sprawling tax and spending cuts bill, arguing the legislation that Republican senators are scrambling to pass would kill jobs and bog down […]

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Now that a notorious anti-vaxxer is Trump’s Secretary of Health and Human Services, fringe theories on vaccines are being mainstreamed at the CDC and other governmental agencies. On example is the fake thimerosal-autism connection: “Thimerosal, an ethyl-mercury based preservative, has been employed since the 1930s to keep multi-dose vials of vaccines safe and free of […]

The post ACIP validates the thimerosal hoax appeared first on Angry Bear.

 – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. There have been a number of reversals since April, most notably the stock market going from a 12 month low to a new all-time high, but also the front-running by consumers apparent in the weekly Redbook report has also reversed, from over 7% […]

The post New Deals Weekly Indicators June 23-27 appeared first on Angry Bear.

Defeated them on the field, Now, eliminating them in defeat. No humanitarian effort in the Gaza as legitimate aid groups are pulling out due to the dangers at the sites to the Palestinians and the relief effort. Tr__p needs to get off of his ass and stop the slaughter. Jared Kushner has praised the “very […]

The post UN and major aid groups have refused to work with the Gaza Humanitarian Foundation appeared first on Angry Bear.

At least one issue resolved by SCOTUS benefits the public. This ruling preserves a federal mandate for insurers to cover, without copays, certain preventive medical tests and treatment. Meanwhile Trumps bill of destruction is still alive and moving through Congress. The case reached the Supreme court through the efforts of Braidwood Management, a Christian-owned firm. […]

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Joyce Vance discussing Tr__p’s calling up the National Guard in California. While the Nineth COA did allow Tr__p to call up California’s National Guard, it was for other reasons it was allowed. “We disagree with Defendants’ primary argument that the President’s decision to federalize members of the California National Guard under 10 U.S.C. § 12406 […]

The post Calling Out the the National Guard for California appeared first on Angry Bear.

The vulgar side of Robert Reich. “Office Hours: WTF do they tell themselves?” As Trump siphons away their power, how do congressional Republicans justify to themselves their total abdication of responsibility? Trump’s decision to strike Iran without congressional authorization has renewed debate over Congress’s constitutional role in the use of American forces. At almost every […]

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I do not see much commotion about this occurring. It is almost like an “oh well” moment as people sit back and wait for it to happen. Yesterday, I gave readers a table of contents for three separate posts as itemized here: “Rural Hospitals at Risk of Closing,” Angry Bear. The prior sentence listing the […]

The post What Tr__P’s BBB is Going to Do to Those Who Can Least Afford What is Going to Happen . . . appeared first on Angry Bear.

How anti-worker policies, crony capitalism, and privatization keep the South locked out of shared prosperity: Rooted in Racism and Economic Exploitation: Part Five, Economic Policy Institute EPI’s Nina Mast covers how Southern lawmakers blocked shared prosperity by neglecting basic worker protections and disinvesting in social safety net programs while offering hefty subsidies to corporations, privatizing […]

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Personal Income and Outlays . . . “Personal Income and Outlays, May 2025, U.S. Bureau of Economic Analysis,” BEA Personal income decreased $109.6 billion (0.4 percent at a monthly rate) in May, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—decreased $125.0 billion […]

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According to Tech Viral: “Tesla has abruptly stopped Cybertruck and Model Y production, triggering a nearly 3% stock drop to $348.29, as shown in the finance card above. “The pause, Tesla’s third Cybertruck halt this year at its Austin Gigafactory, compounds delays in Robotaxi plans and Elon Musk’s controversies. “As EV competition intensifies, Tesla’s frequent […]

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Nate Silver makes lemonade from lemons: “Is Trump less popular than he was a few weeks ago? Yes. Is he now firmly underwater on his best issue (immigration)? Also yes. But he’s still more popular today than he was at this point during his first term. On day 159 of term 1, Trump’s net approval […]

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“President Trump said Iranian leaders cleared their plan with the U.S. to fire retaliatory strikes against an American airbase in Qatar, and even requested a specific time to attack. “They said, ’We’re going to shoot them. Is one o’clock OK?’ I said it’s fine. And everybody was emptied off the base so they couldn’t get […]

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 – by New Deal democrat The last significant data for the first half of 2025, personal income and spending for May, was released this morning. It was the first month that reflected the impact of Tariff-palooza!, and boy howdy was it impacted. Not a single metric was positive. One metric was unchanged; everything else was negative. […]

The post May personal income and spending: consumer payback for Tariff-palooza! is a B!t©h appeared first on Angry Bear.

“Rural_Hospitals_at_Risk_of_Closing,” Center for Healthcare Quality & Payment Reform The issue being detailed here being: Smaller and rural hospitals are under the threat of closing as the Tr__p administration cuts funding to pay for the 2017 tax break. A tax break which Trump promised it would pay for itself. It did not. So, Tr__p will keep […]

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It is almost laughable. TR__p’s wishy-washy back and forth on tariffs may have have caused the Fed Chair to delay a decrease. It sure sounds or reads like it. Federal Reserve Chair Jerome Powell told lawmakers this last Tuesday, the recent economic data would have likely justified continuing to lower the Fed rates if not for concerns […]

The post Uncertainty on Tariffs by the President May have Caused a Delay of a Fed Rate decrease appeared first on Angry Bear.

As of May 24, 2024, the SBA had forgiven over 10.5 million PPP loans to businesses, totaling ~$800 billion. Another 37,938 owe an ~ $4.6 billion) and are labeled potential clawback or a code 70 (potential claw back).  Not so for student loans. These are the people who should have greater productivity at a younger […]

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