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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMcConnell sets sights on Medicare & Social Security,debt is 'very disturbing' What corp tax cuts?
The same lawmakers who exploded the federal deficit by gifting millionaires and billionaires a favorable corporate tax bill are now telling the public that the way to fix the deficit is to shred the social safety net.
On Tuesday, after the Treasury Department released figures showing the federal deficit for Fiscal Year 2018 rose 17 percent to reach $779 billion, Sen. Majority Leader Mitch McConnell (R-KY) was interviewed by Bloomberg. He was asked about the growing debt and deficit.
McConnell said it was very disturbing, and driven by Medicare, Social Security, and Medicaid spending. The solution to cutting the deficit, he concluded, is making entitlement changes.
Asked about the federal debt reaching $21 trillion and the deficit projected to top $1 trillion next year, McConnell did not mention tax cuts at all.
https://thinkprogress.org/mcconnell-tax-cuts-budget-deficit-debt-very-disturbing-f7d976976996/
DeminPennswoods
(15,289 posts)nt
BeckyDem
(8,361 posts)Money for them and you can die.
Hermit-The-Prog
(33,383 posts)Posted this in another thread about mcCONnell.
Thom Hartmann: How the GOP Used a Two Santa Clauses Tactic to Con America for Nearly 40 Years
This scam has been killing wages and enriching billionaires for decades.
https://www.alternet.org/right-wing/two-santa-clauses-or-how-gop-conned-america-nearly-40-years
The only thing wrong with the U.S. economy is the failure of the Republican Party to play Santa Claus.
-Jude Wanniski, March 6, 1976
[...]
Heres how it works, laid it out in simple summary:
First, when Republicans control the federal government, and particularly the White House, spend money like a drunken sailor and run up the US debt as far and as fast as possible. This produces three results it stimulates the economy thus making people think that the GOP can produce a good economy, it raises the debt dramatically, and it makes people think that Republicans are the tax-cut Santa Claus.
Second, when a Democrat is in the White House, scream about the national debt as loudly and frantically as possible, freaking out about how our children will have to pay for it! and we have to cut spending to solve the crisis! This will force the Democrats in power to cut their own social safety net programs, thus shooting their welfare-of-the-American-people Santa Claus.
[...]
For working people it would only be a small token a few hundred dollars a year on average but would be heavily marketed. And for the rich, which wasnt to be discussed in public, it would amount to hundreds of billions of dollars in tax cuts.
[...]
BeckyDem
(8,361 posts)Voltaire2
(13,095 posts)That is all.
Raven123
(4,858 posts)BeckyDem
(8,361 posts)tax cuts. There is no economic policy to justify it. It is not an exaggeration for the Dems to say the GOP are thieves.
Raven123
(4,858 posts)Don't get distracted by other bright shiny objects. In any and every interview point this out. In any debate bring it up.
BeckyDem
(8,361 posts)It should be set up that way, let them try and attack it but we should have one set up.
They are robbing Americans, we can prove it.
Jim__
(14,082 posts)Come on Blue Wave!
Achilleaze
(15,543 posts)spanone
(135,855 posts)Achilleaze
(15,543 posts)and won't get screwed for their own social security, medicaid, and medicare. They do not yet realize that in voting for the GOP and its ignoble Draft-Dodger-in-Chief, they were voting for their very own personal/family republican ream-job. They have swallowed the lies.
ananda
(28,870 posts)...
msongs
(67,430 posts)spanone
(135,855 posts)Cha
(297,435 posts)Front and Center.
Yo_Mama_Been_Loggin
(108,101 posts)This needs to be replayed over and over.