Olde Hornet
Well-Known Member
These retired orange kool-aid drinkers and their families will now be impacted by their hatred.
They told them who they are, now they will have to look in the mirror to ask, why didn't I believe them.
https://www.yahoo.com/news/damaging-cuts-medicare-social-security-154534411.html
Rep. Kevin McCarthy won his election as House speaker after conceding to conservative holdouts.
Those concessions likely include budget cuts that will threaten Medicare and Social Security.
Even if that agenda doesn't pass, negotiations could threaten Social Security payments, advocates say.
House Republicans elected Rep. Kevin McCarthy as speaker of the House after a historically lengthy election process. That could be bad news for some retirees.
That's because of the types of concessions McCarthy had to make to secure his seat. Reporting over the past few days strongly suggests that those concessions are related to entitlement programs like Medicare and Social Security, which Republicans have waged war against for decades.
"To win over holdouts in the House Freedom Caucus, McCarthy struck a series of concessions that include opening debate on spending bills and vows not to raise the debt limit without major cuts to the likes of Social Security and Medicare," The New York Times reported.
That's become clearer as the week has advanced: GOP leaders gave a slide presentation to Republican House members on Tuesday outlining their budget and spending priorities, CNN reported. According to a screenshot of the presentation viewed by CNN, the spending priorities were vague but mentioned reforms to "mandatory spending programs" that could include Social Security and Medicare.