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riversedge

(70,248 posts) Tue May 22, 2018, 01:16 PM May 2018

Ryan's tax plan handed $5 billion to big banks in 1st 3m of 2018; now wants CUTS Medicarre

something has to give. I really do not know how many are going to survive!!

Paul Ryan's tax plan handed $5 billion to big banks in just the first three months of 2018, and Republicans want to cut our Medicare, Medicaid, and Social Security to pay for it. Meanwhile, the American people are taking on more debt than ever and struggling to make ends meet.

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Jesse Hamilton
?Verified account @jesseahamilton

U.S. banks reported first quarter profit of $56 billion, according to FDIC today, absolutely smashing the record. Tax break went a long way, but even without it, agency said the industry would have had more than $49 billion in net income — also a record.

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Ryan's tax plan handed $5 billion to big banks in 1st 3m of 2018; now wants CUTS Medicarre (Original Post) riversedge May 2018 OP

I suppose that means our savings interest will go sky high, right? eom Frustratedlady May 2018 #1

I huge segment of our population is more concerned about women having abortions CrispyQ May 2018 #2

Bloomberg reported out this a couple of hours ago. Wellstone ruled May 2018 #3

Frustratedlady

(16,254 posts)

1. I suppose that means our savings interest will go sky high, right? eom

Reply to riversedge (Original post)

Tue May 22, 2018, 01:21 PM

May 2018

CrispyQ

(36,482 posts)

2. I huge segment of our population is more concerned about women having abortions

Reply to riversedge (Original post)

Tue May 22, 2018, 01:25 PM

May 2018

than they are about this. Maybe when they actually cut Medicare & SS people's priorities will change?

Wellstone ruled

(34,661 posts)

3. Bloomberg reported out this a couple of hours ago.

Reply to riversedge (Original post)

Tue May 22, 2018, 01:50 PM

May 2018

Net net profit for the Banking Industry was 49 billion for quarter one of this year. Think about it,and they never paid back the Tax Payers for their in full for their Mortgage Heist.

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