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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNew report shows that GOP tax cuts cost the same as...DRUM ROLL PLEASE...proposed "entitlement" cuts
A new report shows that GOP tax cuts cost the same as proposed entitlement cuts.
https://www.nbcnews.com/politics/elections/democrats-find-new-ways-talk-about-entitlement-cuts-campaign-s-n923106
WASHINGTON Democrats are seizing on a report detailing a nearly dollar-for-dollar balance between two decades of tax cuts benefiting the wealthiest 1 percent and proposed GOP spending cuts to the nations social safety net programs.
It could provide new fuel to Democratic candidates just two weeks before the midterm elections and comes on the heels of Senate Majority Leader Mitch McConnells comments last week about the need to overhaul entitlement programs in order to reduce the federal deficit.
Democrats on the congressional Joint Economic Committee issued the study, based on calculations by the nonprofit Institute on Taxation and Economic Policy, late last week. It shows that the estimated $2 trillion cost of the Bush and Trump-era tax cuts through 2025 is the same amount Republicans have proposed cutting from Medicare, Medicaid, Social Security and Obamacare.
"It is a dollar-for-dollar transfer of benefits to those who need help the least paid for by those who need help the most," said Phil Schiliro, a Democrat whos served in several government positions including as President Barack Obamas legislative director.
Wellstone ruled
(34,661 posts)And the Media refused to expose it. This was in the Last year of Bush-Cheney but the Mortgage blow up killed it.
Qutzupalotl
(14,315 posts)Not everyone believes they will get cancer or have a heart attack, but most of us hope to be able to retire and collect from a system weve paid into all our adult lives.
The GOP is muddying the waters, saying they want to protect pre-existing condition coverage, which is a lie. But they have long wanted to cut Medicare and Social Security, and sometimes come right out and say it.
The fact that they plan to rob the poor to give to the rich, almost dollar for dollar, is a powerful statement. I guess they thought they could do it when no one was looking. Shine the light and scatter the cockroaches.
Squinch
(50,954 posts)earned benefits. Or, in the case of social security, self-funded benefits.
ThoughtCriminal
(14,047 posts)Has anybody seen any Democratic ads talking about this in any House or Senate race?
I haven't in my "Battleground" state (AZ), but maybe I'm not watching enough TV on the right channels. Nor has it been in any of the numerous ads I've seen for Democratic candidates on Facebook. Zero.
WHY????