There’s an old saying . . .
When you owe the bank $1000, the bank owns you.
When you owe the bank $1,000,000, you own the bank.
Now add to that,
When you owe the bank $1,000,000,000, you own the government.
When you owe the bank $100,000,000,000, the government owns you.
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Lisa Mascaro, Associated Press
, Mary Clare Jalonick, Associated Press
, Matt Brown, Associated Press
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July 1, 2025
Senate passes Trump’s big tax breaks and spending cuts bill as Vance breaks 50-50 tie
The bill next goes back to the House, where Speaker Mike Johnson of Louisiana warned off big revisions from his chamber’s version.