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John,
Congress is heading back to work this week and one of their first orders of business will be a hearing on House Speaker Mike Johnson’s so-called bipartisan debt commission.1
Speaker Johnson has said the purpose of the commission is to find cost-cutting savings in order to lower our federal debt, but its true purpose is to cut programs and services for low-income, aging, and disabled communities in order to pay for more tax cuts for the rich and corporations.
When he was Chair of the Republican Study Committee, Johnson called for raising the full Social Security retirement age and Medicare eligibility age to 69. He called for slowing down Social Security cost-of-living increases, and called for increases to Medicare premiums.2
Speaker Johnson’s proposed changes would cut funding for Social Security by $756 billion and cut Medicare funding by $1.9 trillion.
But, it’s not just Social Security and Medicare that are on the chopping block. Speaker Johnson has called the Supplemental Nutrition Assistance Program (SNAP) “our nation’s most broken and bloated welfare program”, advocating for drastic cuts; and he’s called for radically changing the Head Start program by making it a state-administered early education voucher program―taking federal education funds away from communities most in need.3
Fight back against Speaker Mike Johnson’s debt commission that seeks to cut Social Security, Medicare, Medicaid, and many other programs that are critical to our families and communities. Donate today!
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If Speaker Johnson was serious about reducing the nation's debt, he and his caucus would take steps like these: increase taxes on the ultra-wealthy and corporations; pass the Billionaire Minimum Income Tax to ensure billionaires are paying income taxes each year, just like working people; increase the stock buyback tax from 1% to 4%; tax investment income at the same rate as income from work; and raise the corporate tax rate from 21% to at least 28%.
Instead, Johnson wants to cut funding to the IRS, strangling their work to recoup millions of dollars from wealthy tax cheats, and he wants to extend the 2017 Trump tax cuts, which will add $3.5 trillion to the federal deficit through 2033.4
Enough is enough. We need policies that invest in vulnerable communities, not punish them.
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today to fund our work to fight back against these regressive policies that leave vulnerable communities behind.
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Thank you for all you do,
Deborah Weinstein
Executive Director, Coalition on Human Needs
1 The House Budget Committee is taking its first step in fulfilling Speaker Mike Johnson’s commitment to a debt commission, a GOP source tells POLITICO.
2 Here’s why Social Security and Medicare advocates fear Mike Johnson’s speakership
3 Here’s where Speaker Mike Johnson stands on the issues
4 Extending Trump Tax Cuts Would Add $3.5 Trillion to the Deficit, According to CBO
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