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Expanding on reporting from Bloomberg last week, Punchbowl News and the Washington Post confirmed that the leader of the House Republican caucus is planning on forcing cuts to Americans’ hard-earned benefits, even if it means toying with the full faith and credit of the United States.
Read more about McCarthy and Republicans plans from the Washington Post: GOP to use debt limit to force spending cuts, McCarthy says
If Republicans refuse to raise the debt ceiling, the US economy could spiral and millions of jobs and military service members’ paychecks would be on the line. If Republicans are successful in their efforts to slash Social Security and Medicare, medical bills could soar and seniors could have their benefits delayed or halted altogether. Kevin McCarthy is telling voters three weeks from Election Day that House Republicans are willing to hold the US economy hostage in order to force the cuts to Medicare and Social Security his MAGA caucus wants.
DCCC spokesperson Tommy Garcia:
“After promising to ban abortion nationwide, Republicans just upped the stakes of the midterm elections yet again by making clear their plans to use reckless debt ceiling threats to finally achieve their goal of gutting Social Security and Medicare. If Republicans wanted to take credit for lowering the deficit, they should’ve voted for the numerous Democratic bills that improved people’s lives while lowering the deficit by nearly $1.5 trillion.”
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