[red-iron-pine]

two years is long enough to make deep cuts.

there will be no big collapse, no big catastrophe. there won't be a 1991 Berlin Wall event.

things will just get shittier and more expensive, and people will go out less, buy less, travel less, have fewer kids, etc.

[sundaeofshock]

Let’s break this down. Payments on the debt (10% of budget) are already off the table. SS, Health Insurance (Medicare, Medicaid, ACA, etc) and defense represent about 58% of the budget. If we eliminate everything else, we are going after things like welfare, the VA, and veterans benefits, as well as subsidies to a variety of businesses. Bottom line, even if there wasn’t an economic impact, there will be some very pissed-off powerful constituents.

At the end of the day, this whole process shows that Musk and Ramaswamy are clowns.