I warned my readers a while ago, that two of the many negative aspects of the Trump tax cuts for the rich are; #1. It will cripple the effectiveness of environmental watchdogging of manufacturers
and #2. It will cause a larger deficit, which will result with the reduction or loss of programs like
social security and medicare.
These are programs that many people have paid into all their working lives.
Well, get ready. If Republicans keep the majority in the House, that is exactly what they will do.
Get ready to say goodbye to that which you have earned.
How dumb people were to vote for these pirates into office.
First they tried to elimina
In response to:
Democrats Pounce On Mitch McConnell For Blaming Debt On Social Security, Medicare
They argue that it confirms their worst fears about the tax cuts.
For months now, Democratic leaders and congressional candidates have argued that the budget-busting Republican tax cuts put Social Security, Medicare and Medicaid at risk.
It was only a matter of time, they warned, before the GOP seamlessly pivoted from adding $1.9 trillion to the national debt to decrying the poor state of the nation’s finances, as if they had nothing to do with it, and demanding that the budget be balanced on the back of the country’s three biggest social insurance programs. As evidence to support their concerns, Democrats had pointed to remarks by House Speaker Paul Ryan (R-Wis.) immediately after the passage of the tax cut legislation, and more recently to comments by top White House economic adviser Larry Kudlow.
On Tuesday, some three weeks before the midterm elections, Democrats received more ammunition for their narrative, this time from Senate Majority Leader Mitch McConnell (R-Ky.).
Asked in a Bloomberg News interview for his reaction to news that the annual budget deficit exploded in President Donald Trump’s first full fiscal year in office, McConnell played the part of serious-minded budget hawk.
“It’s very disturbing,” he replied. “And it’s driven by the three biggest entitlement programs that are very popular: Medicare, Social Security and Medicaid.”
McConnell went on to blame politicians in both parties for lacking the backbone to make cuts to programs due to their popularity. He argued that elected officials will never pass the needed reforms so long as one party has control of the federal government.
“It’s disappointing, but it’s not a Republican problem,” he said. “It’s a bipartisan problem: unwillingness to address the real drivers of the debt by doing anything to adjust those programs to the demographics of America in the future.”
Senate Majority Leader Mitch McConnell (R-Ky.) identified Social Security, Medicare and Medicaid as the “real drivers” of the national debt in a Bloomberg interview on Tuesday..........
Social security doesn't cause debt at all. It is funded by the workers who pay into it.
The tax cuts for the rich and increased spending due to the larger budget increased the debt.
McConnel actually stated that Trump's tax cuts would reduce the debt, back when they voted on it.
Whether you want to call him a liar, or completely clueless, he doesn't belong in office,
and neither does the clueless/liar -in-chief !
Furthermore, while the small tax cut for everyone else is temporary, Trump made the huge tax cuts
for the rich PERMANENT !
What fools voted for this pirate ?!