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LetMyPeopleVote

(145,288 posts)
Tue Oct 18, 2022, 01:05 PM Oct 2022

GOP to use debt limit to force spending cuts, McCarthy says

It the GOP takes control of the House, we are in for a number of government shutdowns in order to force cuts in Social Security and Medicare



https://www.washingtonpost.com/politics/2022/10/18/mccarthy-gop-medicare-social-security/

House Minority Leader Kevin McCarthy (R-Calif.) said that if Republicans win control of the House the GOP will use raising the debt limit as leverage to force spending cuts — which could include cuts to Medicare and Social Security — and limit additional funding to Ukraine.

“You can’t just continue down the path to keep spending and adding to the debt,” the California Republican told Punchbowl News in a recent interview. “And if people want to make a debt ceiling [for a longer period of time], just like anything else, there comes a point in time where, okay, we’ll provide you more money, but you got to change your current behavior.”

“We’re not just going to keep lifting your credit card limit, right,” he added. “And we should seriously sit together and [figure out] where can we eliminate some waste? Where can we make the economy grow stronger?”....

Congress raised the debt ceiling three times when Donald Trump was president, avoiding the market-rattling, economic showdowns that congressional Republicans had forced when Democratic President Barack Obama was in office. During the Trump presidency, and for a time when Republicans controlled at least one chamber of Congress, the debt soared to $7 trillion.

McCarthy is not the first Republican to say he is open to changes in the entitlement programs. Sen. Ron Johnson (R-Wis.) has suggested that Social Security and Medicare be eliminated as federal entitlement programs, and that they should instead become programs approved by Congress on an annual basis as discretionary spending.

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GOP to use debt limit to force spending cuts, McCarthy says (Original Post) LetMyPeopleVote Oct 2022 OP
Needs to be repeated over and over Yo_Mama_Been_Loggin Oct 2022 #1
+1,000,000!!! SheltieLover Oct 2022 #2
I agree LetMyPeopleVote Oct 2022 #10
Democrats should use the lame duck to take the debt limit off the table, perhaps permanently. tritsofme Oct 2022 #3
That's an excellent idea. Elessar Zappa Oct 2022 #6
Kevin, are entitlement programs anything like being a fat white fuck? SalamanderSleeps Oct 2022 #4
Spoke with my mom about this - this morning JustAnotherGen Oct 2022 #5
not again. Can't these assholes even pretend to librechik Oct 2022 #7
Ready for more of the same old shit? world wide wally Oct 2022 #8
The Democratic Party needs to run ads everywhere they can pointing this out. Liberal In Texas Oct 2022 #9
The party of hypocrisy explodes the debt and then uses that as excuse to raid and rob. Hermit-The-Prog Oct 2022 #11

tritsofme

(17,379 posts)
3. Democrats should use the lame duck to take the debt limit off the table, perhaps permanently.
Tue Oct 18, 2022, 01:16 PM
Oct 2022

It can be done through reconciliation, and would eliminate a ton of risk.

JustAnotherGen

(31,828 posts)
5. Spoke with my mom about this - this morning
Tue Oct 18, 2022, 01:22 PM
Oct 2022

I'm willing to have Fed Gov shut down and America lose its credit rating -

Until they take them off the table. If it takes 2 years - so be it.

We got through it in late 2018. We can get through it for 2 years.

Social Security and Medicare are not waste. I'm 49. I had my first Kodak modeling gig when I was 8. I'm targeted to receive the max if I retire at 67.

Nope - no delays in full benefits, no reductions, no nothing. They made a promise to me when I was 8 and I expect them to keep it.

librechik

(30,674 posts)
7. not again. Can't these assholes even pretend to
Tue Oct 18, 2022, 01:37 PM
Oct 2022

have any other plan but to hold everybody hostage while they strip us and rob us of everything we've ever created together? And pass it on to the rich to waste?

No, they can't. I don't understand why so may people have gone all in with these thieves. It says a lot about who they are. I mean besides moronic troglodytes.

Liberal In Texas

(13,553 posts)
9. The Democratic Party needs to run ads everywhere they can pointing this out.
Tue Oct 18, 2022, 01:57 PM
Oct 2022

And people need to be told that just because they're already on Social Security or Medicare and they wouldn't take their benefits away, that this ain't necessarily so. And probably would at least have their benefits reduced. And it SS beneficiaries want a descent COLA again, we have to keep the repubs hands off this.

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