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Investment Strategies / Index Investing
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Author: bighairymike   😊 😞
Number: of 209 
Subject: Re: Why the border bill will fail
Date: 02/06/2024 7:29 PM
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>>Meanwhile the crafty way the bill is worded, the democrats don't have to run on raising the cap since it will self destruct anyway. Shrewd..<<

Nothing crafty about it, that's what sunsets are for. Evidently there's a large enough block within the party to cause that to be an issue. I was unaware of that. The problem that we really have is that laws made in 1951 don't serve us well today. But if this bill gets passed, I predict we're going to have to revisit those caps and the sunset. - Lapsody

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Despite any urge to revise it under a Trump admin, any revision can be easily blocked in the Senate, where despite gains in 2024, the repubs won't have 60.

So pass this now and the burden (to revise) will be on the repubs, where-as the dems get what they want (sunset the caps) by doing nothing. Advantage dems... like I said, shrewd.

But I should also add "naive", if they assumed this solution will be seen as just so gosh darned effective, it will obvious that these new authorities will be unnecessary in a few years, so lets just go ahead and set an expiration date now.





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