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Friday, October 21st, 2022

GOP Plan on Threatening Recession If They Can’t Cut Medicare, Social Security

Author:     Sharon Zang
Source:     truthout
Publication Date:     October 18, 2022
 Link: GOP Plan on Threatening Recession If They Can’t Cut Medicare, Social Security
Stephan:   If you depend in any way on Social Security or Medicare and you vote for Republicans, you are in essence cutting your own throat, a kind of indirect suicide and you have no one but yourself to blame for the misery that your vote will cause to befall you. The Magat Republicans aren't even hiding what they have in mind as this article describes.
House Minority Leader MAGAt Republican Kevin McCarthy speaks during a news conference on the House steps of the U.S. Capitol on September 29, 2022.
Credit: Tom Williams /CQ-Roll Call / Getty 

If Republicans take control of the House this fall, they plan on using debt limit talks — and the possibility of throwing the U.S. into default — if they don’t get their way on slashing government programs.

According to a new interview with House Minority Leader Kevin McCarthy (R-California), the party is planning on using must-pass debt ceiling legislation to force through the GOP’s agenda.

“You can’t just continue down the path to keep spending and adding to the debt,” McCarthy said in an interview with Punchbowl News, ignoring the fact that economists view national debt obligations as often signaling the health of the economy. “We’re not just going to keep lifting your credit card limit, right,” he continued. “And we should seriously sit together and [figure out] where can we eliminate some waste? Where can we make the economy grow stronger?”

When McCarthy refers to eliminating so-called waste, it is likely that […]

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2 Comments

  1. Rev. Dean on Friday, October 21, 2022 at 11:09 am

    If the Republicans cut my Social Security, it is the same as killing me. We need more money, not less, with the prices of everything already up so high. I just had to pay $35 yesterday to fill up my gas tank and it was already one quarter full. That is absurd. I used to sell gasoline at less than twenty cents per gallon, in my youth.

  2. Glad to be an Expat on Friday, October 21, 2022 at 11:29 am

    I agree with Rev. Dean on the necessity of increasing rather than decreasing or eliminating Social Security. But I fear that anyone who trusts the Democrats on Social Security is certain to be hoodwinked since, like abortion choice, the party has failed to secure funding for the program(s) when it had Congressional majoriites. In the same way that the Democrats used threats to Roe v. Wade as a fundraiser since the Supreme Court issued the opinion, the Democrats have been using threats to Social Security by Republicans primarily for fundraising. Chintzy benefits and higher age barriers have been the hallmarks of both parties.
    The advantage of Republicans’ calls for shrinking Social Security is that the Democrats will oppose Republicans even if it means protecting the security of older Americans. They can’t be trusted to look after their voters when they are in power.