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#bankrupt

6 posts5 participants0 posts today
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Nonilex

Sen #RonJohnson (R-WI) said he was “disappointed” that the #Trump admin was not considering exclusions to the global #tariffs, & lamented the potential impact on #SmallBusinesses in his state that rely on #trade with a number of foreign companies. “Tariffs are a double edged sword,” Johnson told the trade rep Jamieson Greer, during his hearing before the #Senate #Finance Cmte. Johnson added, “I hope you & the president are sensitive to companies potentially going #bankrupt by these actions.”

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beSpacific

#IRS Predicts DOGE Lost Half a #Trillion Dollars for the #USA #Congress is mute as #trump #doge #maga #GOP #republicans #bankrupt our democracy #taxes #taxation #economy IRS’ internal projections estimate that the DOGE-driven disruptions to the IRS since the inauguration are on track to have reduced #tax receipts by more than $500 billion by April 15th. This means we do not have enough money to power our economy so the goal is to send us into a giant crash? #taxpayers #demolition of #IRS

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Impish4249

@feisty_lemming @Nichelle @texhewson @MyricaGale @chu

Supremely ironic & appropriate comment!

The new regime says the government should be run like a business (it should NOT, businesses drive profits, governments (supposedly) take care of ALL citizens).

Yet it is clear that, even if you agree to run a country like a business, the willy nilly unresearched cuts we see would quickly damage, if not #bankrupt, any business.

Remember the number of businesses #Trump has bankrupted?

Irony cubed?

Public
Angela G

Site neutral payments and US rural hospitals:

The below #Politico article states of Republican budget plans:
It also finds $146 billion in potential savings from so-called site-neutral payment policy in Medicare, a bipartisan target that has been discussed as a potential pay-for in reconciliation.

If you live in a rural area, this change is likely to #bankrupt your local hospital.

Building and maintaining a rural hospital "costs more" because the fixed cost of maintaining an ER, or a labor and delivery center or a suite of 3 surgical rooms is a fixed cost. You can't make it cheaper.

politico.com/news/2025/01/10/s

#healthcare#HealthcareIsAHumanRight
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