Moody’s lowered the credit rating for the USA last week. They had concerns about the federal deficit. Those concerns have been justified with the new budget proposal, which will raise the deficit by almost $4trillion.
The headline policies are predictable: a massive giveaway to the president’s friends and clients, to be partly funded by destroying Medicaid. Destroying education, science, research etc are all part of it as well. The Golden Dome makes its appearance with $25bn as a first payment in what is expected to cost $175bn in total. It’s a waste of money, but go ahead.
What is astonishing is the amount of money they want to spend on racism. ICE will receive $50bn to build a network of concentration camps for up to 200,000 inmates as part of the mania against “illegal immigrants” and anybody else who gets in their way.
There will be another $30bn to turn ICE into a massive secret police force. This is for hiring, transport and infrastructure, again purely for the perceived necessity to remove undesirables.
Best of all is a provision that would prevent judicial oversight of what the government is up to. It removes any penalty for the government ignoring an injunction or a contempt charge. Nice.
This was passed by Republicans. Their great leader told them it would be “ultimate treason” to reject it. It still needs to be passed by the Senate. It’ll be interesting to see how much they accept.