2025 5-22 Matters of Democracy "perfect fiscal policy storm", Medicaid cuts, Corruption and "Not Normal"

"perfect fiscal policy storm" where tax reform efforts are colliding with budget debates and the debt-ceiling issue. The WSJ notes that the U.S. national debt is nearing $29 trillion with a significant annual budget deficit of $1.83 trillion in 2024 alone.

There’s not one Democrat, there’s not one Republican, that has a plan to pay off a dime’s worth of debt, not one of them.

Despite holding a majority in both the House and Senate, the Republican party is experiencing internal divisions, or "cracks,"

the Democratic party as "leaderless and message-less" and currently "irrelevant."

the bill still faces an uncertain future in the Senate, where some Republican senators have expressed opposition to certain provisions, like the proposed Medicaid changes.

financial markets are reacting negatively to the lack of fiscal responsibility and the potential for increased deficits. Moody's, a major credit rating agency, has stripped the U.S. of its perfect credit rating, signaling increased risk in U.S. Treasury bonds. This has led to higher interest rates on government borrowing, as evidenced by the "worrying results"

"we are about to find out what level of bond yields and the S&P 500 are necessary for Trump and Congress to course-correct on what is completely unsustainable fiscal policy."

significant changes and cuts to Medicaid. He warns that these cuts could impact even wealthy families who support elderly parents in long-term care situations.

Administration Defying Judicial Orders

President Trump seemingly ambushing foreign leaders

Ending Department of Justice Oversight of Police

The acceptance of a "palace in the sky" from Qatar

Crypto Ventures and Selling Access