House Republicans Propose Budget to Cut Medicare, Social Security, and ACA

News Talk

Lifestyle / News Talk 9 Views 0 comments

This post was originally published on Word in Black. By: Stacy M. Brown Less than two weeks after President Joe Biden’s State of the Union address, where he emphasized a vision for economic fairness for the middle class, House Republicans proposed a budget that directly contradicts those goals and threatens the health, livelihood, and viability of many American citizens. The Republican Study Committee, representing most of the House GOP, has unveiled a plan that slashes Medicare, Social Security, and the Affordable Care Act (ACA) while favoring tax cuts for the wealthy. Biden has vowed to oppose any attempts to cut Social Security or Medicare, promising to protect those vital programs in his recent address at the Capitol. “The president has kept his word by standing against the new House Republican budget, which he believes would harm hardworking families,” the White House said in a fact sheet released Thursday. The Republican plan proposes cuts to Medicare and Social Security and aims to increase prescription drug, energy, and housing costs while providing tax breaks for the affluent. One notable aspect of the proposal is the intention to raise the Social Security retirement age, which has drawn criticism from many quarters. According to...

0 Comments