Republican Plan for $2T in Budget Cuts, Removal of Government Guardrails, and Tax Breaks for Billiionaires (Govtrack.us)

The Republican Resolution (HCR 14) to establish $2 Trillion in budget cuts and more tax breaks for the rich is available here.  While those deep cuts are planned, the GOP is requiring an increase in the debt limit so that American billionaires are rewarded. These rewards are not just in the form of tax cuts for the rich, but in the removal of financial and environmental guardrails.  At the same time, the Resolution calls for increased oversight by the Federal Government in other areas of concern by the right wing US government. 

The Roaring 2020s and America's Move to the Right

In December 2024, the Roaring 2020s are already here. The stock market is near an all-time high and Bitcoin has gained enormous value, waiting for Donald J. Trump to become President again, to make America Great Again. 

In 2025 US citizens should expect markets to continue growing, and the costly war in the Ukraine to be settled. Deregulation, interest rate cuts, and tax cuts, which provide economic stimulus, will be at the heart of the new Trump Administration, good enough to pump up the economy for years. Threats to raise tariffs on China and other nations (which are costly to consumers) may only be threats.  

Mr. Trump promises a new Golden Age. And many of those who are clever enough and ambitious enough should expect to get rich. But those who do not agree with President Trump may face increased scrutiny, harkening back to a century ago.  

Let's see how long this new era lasts, how it is remembered by different people, and how it is retold in history books.