When asked about America’s soaring debt and deficits, Senate Majority Leader Mitch McConnell lamented “It’s disappointing, but it’s not a Republican problem,” and he blames Social Security, Medicare and Medicaid.
Rubbish. It’s not social spending that’s causing the federal deficit to soar. It’s Republican tax cuts, especially on corporations and the wealthy.
Look at the evidence. Of all 35 advanced economies, America’s spending on social programs like Medicare, Social Security, and Medicaid is among the lowest, as you can see.
Also, Americans pay into Social Security and Medicare throughout their entire working lives.
The biggest reason America has the highest deficit relative to our total economy among all 35 advanced economies is because of a shortage of tax revenue. Of all these countries, we’re bringing in the fifth-lowest total revenue as a share of GDP.
And why is that? Mainly because of Republican tax cuts on corporations and the wealthy. The big Trump Republican tax cut is already breaking the bank. It will cost us 1.9 trillion dollars over the next decade. Let me repeat that: 1.9 trillion dollars.
Remember, Trump and Republicans in Congress claimed that their tax cuts for the wealthy and corporations would pay for themselves by boosting economic growth. It’s the same trickle-down fairy tale they’ve been telling for decades. But according to the Congressional Budget Office, they haven’t paid for themselves, and the deficit continues to balloon.
If there’s one area where America spends too much, it’s the military. Since taking office, Trump has increased military spending by more than $200 billion a year, straining the federal budget even further. The United States already spends more on the military than the next 10 nations combined.
Mitch McConnell, Donald Trump, and other Republicans in Washington want to cut Social Security, Medicare, and Medicaid. That’s been the Republican goal for decades. And they want to use the deficit to justify these cuts.
They also argue that we can’t afford a comprehensive healthcare system that the rest of the advanced world has figured out how to afford.
Baloney. If the rich and corporations pay their fair share and we rein in defense spending, America can afford what we need.
Know the truth. Spread the truth about the deficit.
‘Nothing’s off the table’: Trump pressing his GOP allies to take one last shot at overturning his election loss
President Donald Trump is running out of options for overturning his election loss to Joe Biden, and perhaps his last, best hope is pressuring one of his Republican allies in Congress to take drastic action.
The Electoral College officially votes for the president Dec. 14, but individual members of the House and Senate may legally challenge the results from the floor before Congress certifies the results a few weeks later -- and several GOP lawmakers and aides say they're considering that rarely used maneuver, reported Politico.
Morning Joe ridicules Trump for being humiliated by Arizona’s GOP governor on national TV
All three co-hosts on MSNBC's "Morning Joe" burst into laugher on Tuesday morning after viewing a clip of Gov. Doug Ducey (R-AZ) looking at his phone and then ignoring a phone call from Donald Trump who had been imploring the GOP governor to not certify his state's votes handing victory to President-elect Joe Biden.
The video of Ducey looking at his phone as it played "Hail to the Chief," and then placing it facedown on the desk, went viral late Monday afternoon.
Pandemic-downplaying GOP governor’s grandmother dies in coronavirus-plagued nursing home
South Dakota Gov. Kristi Noem, who has constantly downplayed the novel coronavirus pandemic while refusing to even implement face mask mandates, lost her 98-year-old grandmother who was staying in a nursing home plagued by the deadly disease last month.
The Daily Beast reports that Noem's grandmother, Aldys Arnold, was "among 13 to die over a two-week period at a top-rated nursing home swept by COVID-19."
Noem's office insists that Arnold tested negative for the novel coronavirus before her death, although her cause of death has not been publicly disclosed.