Categories
Business COVID-19 Culture

FACT SHEET: 80% of House Republicans Release Plan Targeting Medicare, Social Security, and the Affordable Care Act, Raising Costs, and Cutting Taxes for the Wealthy

On Wednesday, Republican Study Committee – which represents 100% of House Republican leadership and nearly 80% of their members – just proposed yet another budget that would cut Medicare, Social Security, and the Affordable Care Act , as well as increase prescription drug, energy, and housing costs – all while forcing tax giveaways for the very rich onto the country. Their plan would even raise the Social Security retirement age.

Like President Biden promised in the Capitol, “If anyone here tries to cut Social Security or Medicare or raise the retirement age I will stop them.”

He’s keeping that promise by standing against this new House Republican budget. He knows the last thing we should do is raid Medicare and Social Security while giving more giant tax cuts to the wealthy and big corporations.

What’s more, House Republicans’ plan would raise energy costs and send our new manufacturing jobs back overseas by gutting other crucial elements of the Inflation Reduction Act, raise housing costs, and allow big companies to rip off consumers with junk fees.

Leave a Reply

Your email address will not be published. Required fields are marked *