Moody’s Downgrade, Big Beautiful Bill, Omnibus Bill, US Debt Crisis

Moody’s down­grad­ed the US cred­it rat­ing to Aa1 from Aaa, cit­ing a $36 tril­lion debt and ris­ing inter­est costs, mark­ing the first such cut in over a cen­tu­ry. The House Bud­get Com­mit­tee nar­row­ly passed Trump’s “Big Beau­ti­ful Bill” (17–16), adding $5 tril­lion to the debt, with Rep­re­sen­ta­tives Chip Roy, Ralph Nor­man, Andrew Clyde, and Josh Brecheen vot­ing “present” to advance it to the Rules Com­mit­tee. The omnibus bill, need­ing approval from all 12 appro­pri­a­tions com­mit­tees, remains opaque, with efforts to embed Amer­i­ca First pri­or­i­ties ongo­ing. Crit­ics argue it mere­ly delays the debt ceil­ing cri­sis, with no real spend­ing cuts. Trea­sury Sec­re­tary Scott Bessent called Moody’s a “lag­ging indi­ca­tor,” blam­ing Biden’s poli­cies. Elon Musk’s DOGE ini­tia­tive high­lights fraud, waste, and abuse, but Con­gress, led by Mike John­son and John Thune, avoids mean­ing­ful spend­ing reforms, risk­ing fis­cal col­lapse as inter­est pay­ments near tax antic­i­pa­tion lev­els.

• There are 12 appro­pri­a­tions com­mit­tees. They have to vote out of every com­mit­tee to put it togeth­er to push the omnibus bill and no one knows what is in it. Still a lot of work to be done to include as many Amer­i­ca First prop­er­ties in Pres­i­dent Trump One Big Beau­ti­ful Bill as pos­si­ble. Bud­get pan­el sends a bill to the house floor. It came out of com­mit­tee 17–16 after Chip Roy, Ralph Nor­man, Andrew Clyde and Josh Brecheen vot­ed in the present to allow the bill to go to the rules com­mit­tee. 
• We con­tin­ue to hear Moody’s down­grade, for the first time in a cen­tu­ry. 
• There is not a solu­tion to the debt ceil­ing. The Big Beau­ti­ful Bill increas­es the debt by $5T. This bill is not a solu­tion, it is kick­ing the can down the road. Pres­i­dent Trump is on the phone with Putin this morn­ing that Joe Biden allowed it to hap­pen. He is try­ing to solve things in the Mid­dle East. The dis­as­ters that have been laid on his desk. And Trump should be able to trust Mike John­son and John Thune. There is a rea­son at MAL that Elon Musk who under­stands the debt to earn­ing and what we are on the verge of and there is a rea­son Don­ald Trump bought into we have to DOGE amer­i­ca. We have done every­thing we can to remove the fraud, waste and abuse. We have left the clean up to Mike John­son and John Thune. 6.7% deficit over and above GDP (tax antic­i­pa­tion). The gov­ern­ment does a tax antic­i­pa­tion for the lenders and investors. What we are doing is buy­ing from the fed­er­al reserve is future tax antic­i­pa­tion. The spend­ing is way out of whack. Soon our inter­est pay­ment will equal our tax antic­i­pa­tion, it will not end well, becom­ing de fac­to bank­rupt. DC knows we are broke. BKP has sound­ed the alarm for years now, the US can­not afford all these ille­gals that came into the coun­try through the Biden admin­is­tra­tion. Cal­i­for­nia is fac­ing a $12B deficit. Gavin wants to cut the ille­gal health­care fund­ing. 
• Moody’s cuts US cred­it rat­ing on grow­ing debt bur­den. Oth­er cred­it agen­cies have cut US cred­it rat­ings. Mood cut the US cred­it rat­ing one notch on Fri­day. Chi­na asks US to main­tain sta­bil­i­ty of inter­na­tion­al finan­cial sys­tem after Moody’s down­grade
• The Trea­sury sec­re­tary calls Moody’s a lag­ging indi­ca­tor after the US cred­it down­grade. 
• When did Wal­mart become Amer­i­ca? Wal­mart has a fidu­cia­ry duty to talk to their stock­hold­ers. They could be sued if they mis­lead their stock­hold­ers. When they give an earn­ings call they have to give all pos­si­ble pre­dic­tions. If tar­iffs go up they may have to change pric­ing or change where they order prod­ucts from. But all of a sud­den they are Amer­i­ca. Wal­mart is the largest cor­po­ra­tion in the world that receives cor­po­rate wel­fare. They should­n’t raise the prices on any­thing with the amount of wel­fare they receive. If there were no sub­si­dies or gov­ern­ment grants Wal­mart would have to pay peo­ple an appro­pri­ate wage. It is all about the earn­ings by Wal­mart. 
• Nev­er a talk about cuts in spend­ing, only tax­es for the rich. Nev­er talk about the fraud, waste and abuse that Elon Musk and DOGE have exposed. 
• There is no solu­tion when it comes to a $5T debt ceil­ing increase.