Wednesday, May 25, 2022

October 20, 2018: Budget Deficit Balloons Under GOP Control

 

10/20/18:  If you haven’t been paying attention the federal deficit has ballooned since Trump took over. 

Suddenly, Milksop Mitch McConnell is concerned. But it’s not the fat tax cuts for the superrich that caused the problem. 




Old Milksop is staking out a new position, now that he and his GOP pals have rammed through a tax cut package that went almost entirely to the wealthiest Americans and after jacking up defense spending to $675 billion per year. Suddenly, as the young people say, Milksop is “woke.” 

Newsweek explains, 

The debt, he said, was very “disturbing” and driven by “the three big entitlement programs that are very popular, Medicare, Social Security and Medicaid.…There’s been a bipartisan reluctance to tackle entitlement changes because of the popularity of those programs. Hopefully, at some point here, we’ll get serious about this.”

 

Yes, what can Old Milksop and Buff Paul (Ryan) and “Tiny” Trump (see: 10/18/18) do all by themselves, when they control all levers for passage of legislation? Why don’t they ram through reforms now when they can? 

I’m sure their base, old goats over the age of 65, will love to hear that in return for their big, beautiful tax cuts – an estimated $1,610 for an average household – Social Security has to be slashed, and help with medical costs under Medicare, which continue to skyrocket, must be curtailed.

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