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The Big Beautiful Bill shall became Law
- By Vambram
- American Politics
- 74 Replies
The USA economy is getting better and stronger while attempting to recover from the mess left to us during the Biden administration years.Well.....I guess if the goal is a sovereign default then this bill looks pretty good.
It has already started and will get worse.
The US dollar has fallen by over 10% since the beginning of 2025, marking its worst first half of the year since 1973. This decline is largely attributed to President Trump's economic policies, including unpredictable trade actions and a new spending bill, which have fueled concerns about inflation, rising US debt, and a potential slowdown in economic growth.
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Where Have All The Good Times Gone?
- By Chesterton
- News & Current Events (Articles Required)
- 115 Replies
Yes, exactly. Things are perceived as worse in comparison to where people think they should be.
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The return of Christ in Sept of 2040
- Controversial Christian Theology
- 121 Replies
I know it's difficult. It's almost like we need a date setters safe house. That didn't sound right. Lol. It's just that everyone can have a different view on a number of things.
I have no doubt, it was Friday April 7, 30AD. It's just that the 3 days and three nights in the heart of the earth, was more than just the grave. Jesus told the disciples that the Son of Man must suffer many things.
He must be betrayed into the hands of man, be rejected of the elders and chief priests and scribes, and shall deliver Him to the Gentiles, to mock, and shall scourge Him, and spitefully entreated, and spitted on Him, and they shall condemn Him to death. And shall kill Him, and the third day He shall rise again.
The three days and nights began when they caught Jesus in Gethsemane. Up until that time they could never lay a hand on Him, because His time had not yet come. The "time" was the three days and three nights, and began as soon as they caught him and were able to lay a hand on Him. With His betrayal and all of His suffering, and concluded on sunrise Sunday.
Like when I'm counting for Passover, using the calendars for 30AD, sometimes it's confusing at first, as in God's economy of "days", night comes before light. And the evening and the morning were the first day.
Even though I'm sure about 30AD, I still think it's happening before 2030. I think we're closer right now than most would be able to deal with.
I was just talking about this with another guy. I don't think 27AD was the Jubilee. I think it was 34AD. But I'm still contemplating on this right now, as I speculate there's an end time parallel to the favorable year of the Lord.
It's what Isaac Newton was mentioning in his Daniel 9 commentary about a bifurcated timeline, where the 7 and 62 weeks would have an application to the second coming. He thought the 7 weeks were primary to the second coming, and would become, "the compass of a Jubilee", as he referred to it. It's a radical idea. Not for everyone for sure.
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IF the New AI Tools are SO GREAT, Why Aren't They Being Used by the Big Social Media Platforms to do Fact-Checking???
- By eclipsenow
- Christian Philosophy & Ethics
- 69 Replies
What's your background? Do you have any philosophical training - or are you a lay reader in this? I wish I had covered philosophy in my meagre attempts at academic study - but life got in the way. Is there an online crash course you would recommend? A visual one? I tried listening to this as an audiobook while running various errands - but let's just say the chapter on the rules of logic with all that 'algebra' of logic nearly had me shoving pencils into my eardrums to make the pain stop! ;-) (I'm a visual learner.)
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The Big Beautiful Bill shall became Law
- American Politics
- 74 Replies
Well.....I guess if the goal is a sovereign default then this bill looks pretty goodThe One Big Beautiful Bill Act cuts taxes by nearly $4.4 trillion over the next decade, according to analysis by the Congressional Budget Office and the Committee for a Responsible Federal Budget.
Much of that total comes from the extension of tax policies that were set to expire at the end of this year by the Tax Cuts and Jobs Act (TCJA), a key tax reform package Trump signed into law during his first term.
It would make the TCJA's lower tax rates permanent, which would reduce federal tax revenues by about $2.2 trillion – while the expanded standard deduction that the majority of taxpayers utilize would also be made permanent at a cost of $1.4 trillion in foregone tax revenue relative to what would be received if those policies were allowed to expire.
Congress often includes sunset clauses that set certain tax provisions to expire to reduce their longer-term deficit impact when legislation is scored to comply with budget reconciliation rules.
The One Big Beautiful Bill Act also includes provisions related to President Trump's campaign pledges for "no tax" on tips and overtime – though it stops short of eliminating all such taxes and the provisions are temporary, rather than permanent, under the bill.
The One Big Beautiful Bill Act creates a deduction of up to $25,000 for qualified tips received by tipped workers like restaurant servers, barbers and drivers. It also provides an above-the-line income deduction for overtime premium payments of up to $12,500 for hourly workers who work overtime. Those provisions would both be in effect through 2028, with CRFB estimating the tipped income deduction would lower tax revenues by $32 billion and the overtime provision reducing revenues by $90 billion over the next decade.
A distributional analysis by the Joint Committee on Taxation (JCT) found that the Senate's version of the bill would cut federal taxes for low- and middle-income workers.
JCT's analysis found that workers earning less than $15,000 would see their federal tax burden decline by 16.4% in the 2027 tax year under the One Big Beautiful Bill Act, reducing revenues by about $700 million given the already-low tax burden on such workers.
Workers whose incomes fall in the $15,000 to $30,000 range would see a 27.1% decrease in their federal tax burden, while those in the $30,000 to $40,000 range would see a 9.5% cut.
JCT's analysis shows other middle-income taxpayers would also see their federal tax burdens decline under the bill:
Higher-income taxpayers would also get relief, though the trend of higher income tiers receiving relatively smaller reductions in their tax burden would generally continue, per JCT:
- $40,000 to $50,000 income range would see a 7.2% decrease in 2027;
- $50,000 to $60,000 tier would see a 5.6% reduction;
- $60,000 to $80,000 range would see a 4.6% cut; and
- $80,000 to $100,000 earners would see a 4.4% decline.
Across income levels, the One Big Beautiful Bill Act would reduce federal taxes across income levels in 2027 by about $180 billion, or 3.8%. In later years, as some of the temporary provisions like those related to tips and overtime expire, that reduction gets smaller under the JCT analysis – declining to a 1.9% reduction in 2029, then to 0.5% in 2031 and 2033.
- $100,000 to $150,000 would have a 4.2% reduction;
- $150,000 to $200,000 would receive a 4.1% reduction;
- $200,000 to $500,000 would see a 3.5% reduction;
- $500,000 to $1 million would see a 2.7% reduction; and
- $1 million and above would see a 3.3% reduction in 2027.
What's in the 'big, beautiful bill' for American workers?
Analysis shows Trump's tax bill would reduce federal tax burdens for all income levels, making TCJA's lower rates permanent while adding temporary deductions for tips and overtime.www.foxbusiness.com
.It has already started and will get worse.
The US dollar has fallen by over 10% since the beginning of 2025, marking its worst first half of the year since 1973. This decline is largely attributed to President Trump's economic policies, including unpredictable trade actions and a new spending bill, which have fueled concerns about inflation, rising US debt, and a potential slowdown in economic growth.
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IF the New AI Tools are SO GREAT, Why Aren't They Being Used by the Big Social Media Platforms to do Fact-Checking???
- By eclipsenow
- Christian Philosophy & Ethics
- 69 Replies
Going back to this comment - they are starting to give AI the tools to teach itself and correct its own modes of thinking.
They have this new model called the "Darwin Gödel Machine". It's straight out of one of my Cyberpunk novels - where it adjusts its own code in a self-learning algorithm that has many 'children' and yet only the best survive. (Screen shot from the YouTube I'll link to below.)
Sam Altman said a 'gentle singularity' had officially started in June - that we were now over the 'Event Horizon' of it - and had no idea whether it would accelerate in a manner that's gentle - or abrupt and shocking.
But back to Gregory's comment about an AI 'childhood'. Apparently these self learning models have 'catastrophic forgetting'. That's alarming! What if they choose to 'forget' their 3 Laws of Robotics? Aka - Cybernetic Morals? What if we think we've given them their 'alignment training' (that their 'values' align with humanity's best interests) and in the AI's quest to become smarter (as all company's are trending their AIs in this direction) it decides we are in the way?
Youtube reference
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