A Big Beautiful Bill for the Military-Industrial Complex
The US Senate worked through the weekend on the “Big Beautiful Bill.” The goal was to pass it quickly to ensure the House will then pass it and send it to President Trump’s desk before the July 4th holiday.
However, disagreements among Republican Senators over reductions in spending on programs including Medicaid and food stamps as well as language in the bill eliminating “clean energy” tax credits were preventing Senate Republican leadership from getting enough votes to pass the bill.
Also, some Republicans disagree with other Republicans in both the House and Senate on increasing the state and local tax (SALT) deduction. Many conservatives see this income tax deduction as encouraging states to maintain high taxes to fund big governments.
One item in the BBB that few Republicans are objecting to is the bill’s increase in military spending. The House version of the BBB added 150 billion dollars to the Pentagon’s already bloated budget. The Senate bill gave the military-industrial complex 156 billion dollars.
Increasing military spending contrad
Article from LewRockwell
LewRockwell.com is a libertarian website that publishes articles, essays, and blog posts advocating for minimal government, free markets, and individual liberty. The site was founded by Lew Rockwell, an American libertarian political commentator, activist, and former congressional staffer. The website often features content that is critical of mainstream politics, state intervention, and foreign policy, among other topics. It is a platform frequently used to disseminate Austrian economics, a school of economic thought that is popular among some libertarians.
