‘Big Beautiful’ Deficits on the Horizon with Passage of House Spending Bill
If you were told that in order to pass the latest House spending bill, you would personally need to cut a check for $48,113 would you do it? Of course you wouldn’t. Yet that’s exactly what you’re doing.
The bottom line is this. Under the recently passed ‘Big Beautiful’ spending bill in the House, deficit spending is expect to increase over $3 Trillion. With interest, the debt will increase by $5.1 Trillion. With 106 million taxpayers last year, that comes to more than $48,000 per taxpayer.
Former U.S. congressman from Ohio, Jim Renacci, a Republican, is raising a red flag: Trump-era conservatives have a growing credibility crisis when it comes to government spending. Renacci, who served on the House Ways and Means Committee, as well as various other finance and budget committees, knows how this works. It’s one of the reasons he got out of Washington and decided to focus on his own state exclusively.
The “One Big, Beautiful Bill,” extends 2017 tax cuts, it boosts defense spending, and adds Medicaid work requirements, something Renacci supports. But the bill will also pile on more than $3 trillion in debt over ten years. The MAGA base cheered. The same base that rails against government waste, year after year.
What gives?
Renacci calls it what it is: cognitive dissonance. How can a movement built on draining the swamp now justify flooding it with red ink?
The Office of the Chief Financial Officer for the Department of Defense—known as DOGE—was created to spotlight wasteful spending. A good idea, in theory. But what happened after the headlines faded? Not much. If anything, exposing the waste without reducing it only fuels public distrust. It’s one thing to ignore government waste. It’s another thing to see it clearly and do nothing.
Renacci believes MAGA conservatives must reconcile this gap between principle and practice. If Trump supporters give their side a pass on spending, they lose moral authority to challenge the other side when it does the same.
As a businessman and former budget hawk in Congress, Renacci offers a rare voice willing to confront fiscal double standards—whether they come from Democrats or Republicans. His message: a conservative movement that selectively enforces its values isn’t conserving anything.
For outlets covering 2024’s political reckoning, Jim Renacci offers blunt, essential commentary on how misplaced loyalty and performative accountability are corroding the country’s trust in government—one “beautiful” bill at a time.
Relevant Article(s):
Trump’s deficit-swelling tax bill passes House vote
Renacci’s Newsmax Commentary Page
Jim Renacci – Renacci’s Truths | Newsmax.com
OPTIONAL Q&A
- Why do you think Trump supporters, who once rallied against government waste, are now largely silent on new spending under Trump-backed legislation?
- Is it possible to run trillion-dollar deficits and still claim to be fiscally conservative?
- You served in Congress and saw budget fights up close. Is this level of debt sustainable?
- What message does the GOP send when it creates offices like DOGE to expose waste, but fails to punish or reduce that waste?
- You’ve said fiscal conservatism is more than a slogan. How should Republicans hold their own accountable without handing ammo to the left?
- Is the “One Big, Beautiful Bill” just political theater—especially since it’s unlikely to become law with a Democratic Senate?
- How much damage does it do to the credibility of the GOP when principles like small government are applied selectively?
- If Trump wins re-election, what fiscal reforms would you like to see from him—and what would be a red line for you?
Visit Jim’s Website at https://jimrenacci.com/
ABOUT JIM RENACCI…
In 2010, Jim filed to run for U.S. Congress in Ohio’s 16th Congressional District, taking on a well-funded Democratic incumbent. Jim won the election by 9 percent.
While in Congress, Jim earned a reputation for being a principled conservative and effective legislator. He quickly rose through the ranks to serve on the Committee on Financial Services, as vice-chair of the Subcommittee on Financial Institutions and Consumer Credit, and as a member of the Subcommittee on Oversight and Investigations. After just two years, Jim was named to the powerful Ways and Means Committees and Budget Committees.
Not only did the blue-collar entrepreneur realize his own dream, but Jim also became the answer to countless Ohioans. As can only happen in America, the Ohioan entrepreneur soon laid claim to operate over 60 businesses, creating 1,500 new jobs, employing over 3,000 people statewide.
But politics had other plans. In 2009, the Obama Administration took over General Motors, shuttering dealerships across the country— including Jim’s in Northeast Ohio. Shutting down Jim’s dealership killed 50 good-paying jobs in his community — and Jim wasn’t going to stand by while neighbors were going hungry. How could Washington blatantly interfere in the everyday lives of hard-working Americans who wanted nothing more but their own chance at the American Dream?
Jim’s track record as a blue-collar entrepreneur demonstrates his only allegiance has ever been to the very people who D.C. bureaucrats forcibly unemployed that fateful day in an Ohio car dealership — the everyday Americans forgotten by the Swamp. He represents the people’s hopes and fears, bringing actionable results back to the working people who gave him a voice.
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