Truthout
debt ceiling
White House: The GOP’s Current Agenda Would Add $3 Trillion to National Debt
The administration says the GOP doesn’t actually care about the national debt, but rather wants to slash welfare.
GOP Targets Food Aid, Student Debt Relief, and More for Debt Ceiling Deal
The Republican chair of the House Budget Committee put forth roughly $780 billion in proposed spending cuts.
House Republican Bill Would Force Massive Cuts to Medicare Benefits
The bill would repeal the Inflation Reduction Act, including its $35 insulin cap and other drug cost reduction measures.
The Debt Ceiling Benefits the Rich and Powerful, Says Economist Richard Wolff
In addition to reaping the benefits of tax cuts, corporations and the wealthy can become lenders to the U.S. government.
Republicans Want to Raise Retirement Age to 70 as Life Expectancy Is Falling
This would shorten the retirement window to a mere six years, if the latest life expectancy average holds.
Warren: Debt Ceiling Crisis Wouldn’t Even Exist Without Trump Tax Overhaul
“Who’s going to pay to run this government? The Republicans are real clear on that: not the rich folks,” she said.
GOP Plan to Cut Social Security and Medicare Is Disliked Among Republican Voters
If the GOP tries to force cuts to Social Security via the debt ceiling, it would be against their own base’s wishes.
White House Warns GOP Not to Tie Debt Ceiling to Social Security Cuts
“In exchange for not crashing the United States economy, you get nothing,” one Democrat said. “You don’t get a cookie.”
GOP Lawmaker Says Programs Like Social Security Are “Garbage” That Must Be Cut
Republicans are warning that Social Security, Medicare and SNAP could be on the cutting board soon.
High-Ranking Senate Republican Reveals GOP Plan to Slash Social Security
Sen. John Thune said that a potential debt default is an “opportunity” to push the GOP priority.