Could this be made...

It would likely offend someone. Truth be told it probably shouldn't have been made in 1994 either....not because I find it offensive but because it's such a one note joke and stretching it out to a feature length film was foolish. That said I thought the sketches (particularly the early ones) were hysterical and I'm not sure SNL could get away with that today either.

No but it might get boycotted by the fundies or maybe even banned in Florida.

It would definitely offend that Closeted Homosexual Republican House Speaker Johnson.