Relevant and even prescient commentary on news, politics and the economy.

The Republican bill will cut Medicare

Yes, it cuts Medicaid explicitly. But it will result in cuts to Medicare as well: “But now Republicans have created another problem. They didn’t just cut Medicaid; they also have forced nearly half a trillion dollars in cuts to Medicare, the health program for the elderly. “Because of a statutory requirement to automatically impose budget […]

Trump vs Musk cage match?

Josh Marshall won’t come out and say it, but I will. Musk’s attack on Trump’s “Big Beautiful Bill” is political kayfabe. Josh points out that they could each draw blood but haven’t. “Both of these guys have very big weapons each can use against the other. Musk can invest money against the GOP budget bill […]