Republicans Want to Use Debt Limit to Force Cuts to Social Security & Medicare
October 20, 2022
The chair of the Republican Study Committee, Indiana GOP Rep. Jim Banks, joined the chorus of his Republican colleagues willing to risk the fiscal stability of our country to force cuts to programs like Social Security and Medicare.
Banks isn’t even trying to hide it — he said so in an interview, claiming that Republicans should use our country’s fiscal stability as “leverage” to gut programs like Social Security and Medicare.
And this idea is not isolated to him — every single Republican vying to be chair of the House Budget Committee is FULLY on board to jeopardize crucial programs, impacting the lives of millions of Americans.
Bloomberg Government: “Social Security and Medicare… are among the top priorities for key House Republicans who want to use next year’s debt-limit deadline to extract concessions from Democrats.
‘The four Republicans interested in serving as House Budget Committee chairman in the next Congress said in interviews that next year’s deadline to raise or suspend the debt ceiling is a point of leverage if their party can win control of the House in the November midterm elections.”
There’s no confusion here: Republicans are on a warpath to cut Social Security and Medicare and raise costs for the American people.