Hi,
Republicans are openly planning to force deep cuts in Social Security
after they take control of Congress next year — and Democrats are running
out of time to stop them.
Here’s the situation: The U.S. government will hit its so-called “debt
ceiling” sometime next summer, at which point the government will run out
of money to pay its debts unless Congress raises the debt limit.
Failure to raise the debt ceiling would trigger a global financial crisis,
and Kevin McCarthy thinks this is the leverage he needs to force President
Biden to accept draconian Social Security cuts.^1
But Democrats are still in control of Congress until January, and if they
act now and eliminate the debt ceiling, they can defuse this entire crisis
and protect Social Security before it’s too late. Demand Progress Action
has been sounding the alarm over Republican plans to attack Social
Security and Medicare for months, and now we must turn up the heat.
[ [link removed] ]Will you make a donation to Demand Progress Action to support our work,
pressuring Congress to eliminate the debt ceiling?
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The debt ceiling is a pointless formality. Raising it periodically just
affirms that the U.S. government will pay for policies it has already
passed. That’s why Republicans quietly raised the limit three times during
Donald Trump’s presidency.^2
But with Democrats in control of the White House and the Senate, the debt
limit is among the few weapons a House Republican majority could wield.
They did it under Obama, and they’re poised to do it again next year.^3
There’s simply no reason to put these vital programs at risk and give
Republicans the power to threaten worldwide economic shutdown.
That’s why Demand Progress Action has been pressuring Congress to act now,
while Democrats still control both chambers, to eliminate the debt ceiling
once and for all.
[ [link removed] ]Make a donation to support our work, including pressuring Congress to
eliminate the debt ceiling and stop cruel cuts to Social Security,
Medicare, and other programs.
With gratitude for all you do,
Tihi and the team at Demand Progress Action
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Sources:
1. Bloomberg Government, "Entitlement, Spending Cap Plans Linked by GOP to
Debt-Limit Deal," [ [link removed] ]October 11, 2022.
2. The Washington Post, "White House rules out concessions over debt
ceiling while GOP refuses to help avert crisis," [ [link removed] ]September 20, 2021.
3. Wikipedia, "United States debt-ceiling crisis of 2011," accessed
[ [link removed] ]November 28, 2022.
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