Posted by (+2998) one month ago
What did the Republicans accomplish during the chaotic four years of the Trump Administration? As usual, they focused on cutting taxes. Also, as usual, they promised that tax cuts would not require slashing social programs because their tax cuts would cultivate the economy so dynamically that tax revenues would increase despite the cuts. So they gave away trillions of dollars to corporations, multi millionaires and billionaires in their 2017 tax cuts. Those tax cuts provided nothing for America’s middle class. The consequence of their short-sighted ideology was one-fourth of the national debt being incurred during the Trump administration’s spending while cutting taxes for the rich and corporations.
Now the House Republicans are irresponsibly demanding budget cutting concessions in exchange for paying the nation’s debts. They are threatening to default on our national debt by not raising the debt limit. They demand strictly limiting government spending programs that will hurt our middle class that is already struggling to afford basic needs. They like giving away the family farm to corporations and the billionaires and paying for the give away by cutting essential programs that help our citizens survive.
The Republicans are trying to get their demands by holding us hostage. They are more than willing to slash programs providing for nutritional support for low-paid working families, low-income older adults and people with disabilities, public education, or food safety, while they want to preserve the Trump tax cuts for the wealthy and corporations. Those same tax cuts cost the Treasury over $2 trillion. Their phony concern for financial responsibility is undermined by their wanting to repeal funding for the understaffed IRS that is expected to cost the Treasury more than $125 billion while wealthy tax cheats continue to avoid enforcement.
Now the House Republicans are irresponsibly demanding budget cutting concessions in exchange for paying the nation’s debts. They are threatening to default on our national debt by not raising the debt limit. They demand strictly limiting government spending programs that will hurt our middle class that is already struggling to afford basic needs. They like giving away the family farm to corporations and the billionaires and paying for the give away by cutting essential programs that help our citizens survive.
The Republicans are trying to get their demands by holding us hostage. They are more than willing to slash programs providing for nutritional support for low-paid working families, low-income older adults and people with disabilities, public education, or food safety, while they want to preserve the Trump tax cuts for the wealthy and corporations. Those same tax cuts cost the Treasury over $2 trillion. Their phony concern for financial responsibility is undermined by their wanting to repeal funding for the understaffed IRS that is expected to cost the Treasury more than $125 billion while wealthy tax cheats continue to avoid enforcement.